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Home/ News & Incentives/ Fannie Mae is making it easier to finance efficiency

Fannie Mae is making it easier to finance efficiency

The financial services firm's HomeStyle Energy mortgage helps lenders offer affordable financing to borrowers making energy improvements.

Energy efficiency and water efficiency improvements may become more affordable to your customers. Fannie Mae introduced a HomeStyle Energy mortgage that allows borrowers to finance energy upgrades when purchasing or refinancing their home, HousingWire's Kelsey Ramírez reports. Carlos Perez, Fannie Mae senior vice president and chief credit officer for single-family, told her: "HomeStyle Energy mortgage will be particularly helpful to borrowers who want to pay off debt for existing energy improvements. It will also benefit homeowners who want to make their home more comfortable and efficient." For remodelers, plumbers, and HVAC pros, the mortgage option could create new opportunities for customers to switch to higher-efficiency propane furnaces or boilers.

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Home/ News & Incentives/ Fannie Mae is making it easier to finance efficiency