In the Spotlight
January 10, 2018
Do you have environmentally conscious clients? Are you trying to market an older home? Point your clients in the right direction for energy-efficient loan options that can help them improve the home they want.
Educating Clients on Energy Efficiency
is a Win for Everyone
Freddie Mac has flexibilities that allow homebuyers to finance cost-effective, energy-saving home improvements as part of a single mortgage purchase. These flexibilities allow for certain energy-efficiency savings to be considered in the calculation of debt-to-income ratios. This means homebuyers may qualify for a larger loan amount and benefit from a more energy-efficient home, offsetting the additional costs by rolling them into the loan.
- Home Possible Mortgages fact sheet.
- Quick Home Possible online tutorial.
- Free Home Possible training/networking events (click on "Training Opportunities" tab.
- Freddie Mac Real Estate Professionals Resource Center.