“Banks love it because they know after the mortgage a lot of people’s next payment is utility payment. So if they see that you’re gonna have a home without $200 or $300 monthly utility payment, the banks would make the asset more valuable and to the new buyer it’s neat to get a net zero home and it’s more exciting for them.”

Steve Nauert, a mortgage broker with Green Mortgage Advantage, as well as real estate broker, offers various mortgage products that allow new home buyers as well as home owners to take on a mortgage that includes the funds to get home improvements done for energy efficiency upgrades. We discuss the advantage and benefits for both the lenders and the borrowers of these mortgage products and why consumers should consider.