If you're looking to finance energy efficient improvements for your home, we encourage you to do your homework and talk with your financial or trusted advisor about the most appropriate option for you. This conversation is important since some of these financing options can expose you to significant risks – including making it hard to refinance or sell your home – and can come with unfavorable interest rates, fees and repayment terms.
When reviewing your financing options, be sure to ask yourself and your financial advisor the following questions to avoid future issues:
Learn more about the risks you may avoid by getting clear answers to these questions.
There are several energy efficient financing options that can meet your needs while protecting your mortgage terms and the marketability of your home. Be sure to talk with your advisor about affordable and suitable financing solutions, including those offered by Freddie Mac.
Be sure to follow this series in the coming weeks to learn more about energy efficiency in your home and the importance of being green.