April 27, 2008
Mortgage Company Offers Incentive To Buy Green
Countrywide Home Loans, a division of Countrywide Bank, has launched a Green Incentive Program, Danielle Johnson of GreenWorksRealty.com wrote in a post to seattlepi.com.
Initially available to qualified home buyers in thirteen states, including: Alaska, Colorado, Iowa, Idaho, Minnesota, Montana, Nebraska, North Dakota, South Dakota, Oregon, Utah, Washington, and Wyoming, the program provides an interest rate reduction of .125 percent on a Countrywide loan used to purchase a new home that is built meeting recognized green and energy efficient standards.
The Countrywide Green Incentive Program’s interest rate reduction applies to newly constructed homes that meet third-party, certified standards of recognized green building programs, including Energy Star, Earth Advantage, LEED for Homes and Built Green programs of local home builder associations, as well as the National Association of Home Builder’s Green Building program.
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