Mortgagegreen's LOW-IMPACT MORTGAGE Program

LOW-IMPACT MORTGAGE 

Mortgagegreen was formed in 2001, explicitly for the purpose of reducing the massive impact that buildings have on our environment.   Our LOW-IMPACT MORTGAGE program maximizes the reduction of your homes' ecological footprint while providing highly competitive interest rates on your loan.  We also continually strive to further mitigate environmental impact including our big push for establishing Sustainable Mortgage-Backed Securities (SMBS's), opening up green-certified real estate as a sustainable investment option for institutional investors and providing further discounts to Borrowers.

First the impact statistics . . .

In the United States, residential and commercial buildings consume 71% of total electricity use, emit 38% of U.S. carbon emissions and are responsible for 33% of the solid waste stream, producing 136 million tons of construction and demolition waste. 

Increasing energy efficiency in buildings by 30% will, in-itself, save $7 billion annually and reduce the $100 Billion that the U.S. spends to ensure the free flow of oil from volatile regions of the world, not to mention reducing the cataclysmic potential of global warming.  As The Alliance To Save Energy states  'Energy efficiency is the quickest, cheapest, cleanest way to extend our world's energy supplies.'

Global footprint reduction, with no burden to the Borrower . . .

Mortgagegreen's core business is delivering the most cost-effective loan packages available on the wholesale market . . . while we do all that is possible to mitigate your homes' environmental impact.  

The LOW-IMPACT MORTGAGE program produces immediate reduction of the Borrower's ecological footprint.  We go well beyond offsetting the carbon use of the financed property for a net-positive footprint effect.    

Mortgagegreen's  LOW-IMPACT MORTGAGE  reduces your global environmental footprint . . .  with no additional burden to you, the Borrower. 

1. Our rates are exceptionally low, opening possibilities for greening the home within the loan or with the savings. 
2. Greensave loans; 1/8% interest rate discounts or 1/4% cash rebate for green-rated homes. 
3. Mortgagegreen leads the way in greening the real estate industry. The more you use Mortgagegreen services, the more effect you produce. We dedicate most of our resources to bridging the gap between the capital markets and the greening of the real estate industry.
4. Empowering Borrowers to measurably impact global sustainability.
5. Complimentary Carbon Offsets;  With each transaction Mortgagegreen buys 27,000 lbs of carbon offsets, the average amount a US home produces in one year.
6. Smart, comprehensive and highly personalized finance solutions.

GreenPoint Rating

Mortgagegreen provides a free GreenPoint assessment, so you can quantify how green the home is now and what can be done, cost-effectively, to make it greener.  more

Greensave Loans

Mortgagegreen provides a discount of 1/8% in interest or 1/4% in rebate at close of escrow for each transaction involving a green-rated home.  The rebate can be used, at the borrowers discretion, to pay for closing costs or buy down part of the interest rate.

Carbon Offsets

We are all responsible for climate change and we all must be part of the solution.

Carbon dioxide emissions from the burning of fossil fuels are causing the Earth's climate to change and warm, which will have catastrophic results if we do not act to reduce them. Carbon dioxide emissions are about 40% higher than they were before the Industrial Revolution and at their highest levels in recorded history, covering over 650,000 years.

The effects of climate change can be seen now. Temperatures are already increasing, glaciers are receding at unprecedented speeds, whole chunks of the Antarctic ice shelf are breaking off, warmer seasons are becoming longer, and storms are becoming more severe and causing more and more damage.

Offsetting your carbon footprint allows you to become part of the solution to climate change by supporting the reduction of carbon dioxide emissions equal to your carbon emissions.

With every closed first-position loan, Mortgagegreen purchases 27,000 lbs of carbon offsets in the Client's name.  This is the amount of carbon emissions produced by the average, middle-sized, home in the US over a one-year period.

We purchase our carbon offsets from a wonderful organization called Carbonfund.

Click here for Carbon calculators.

Tree Planting

Mortgagegreen encourages Borrowers to do their share in make a positive change to our environment . . . one tree at a time, one step at a time.

Join the grassroots movement . . .

Trees for life is a non-profit, people-to-people movement that helps plant fruit trees in developing countries. These trees provide a low-cost, self-renewing source of food for many people and protect the environment.

In this way, Trees for Life demonstrates that in helping each other we can unleash extraordinary power that impacts our lives. Our programs include three elements: education, health, and environment.

Upon consummating a loan with Mortgagegreen, we will arrange the planting of 10 trees in your name. 

These trees will work hard to gobble up carbon, convert it to oxygen and provide delicious fruit for local consumption . . . guaranteed!

More on the Trees For Life website.

$400 OFF  the next real estate finance transaction

As a token of appreciation for doing business with us and enhancing sustainability, Mortgagegreen will provide a fully transferrable voucher for $400 off the next transaction for future real estate financing by you or anybody else you may want to assign it to.  Available upon asking.

Summation

If you do need real estate financing, there is no better place to do business.  Mortgagegreen produces profound impact on key environmental issues, at no cost to the Borrower. 

We need your loan business commitment!  Our mutual responsibility . . . in order to produce impact, we need your participation.  Apply Online