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The ECO-ALL-STARS' ***November CHALLENGE..Find GREEN LENDER Info

By
Real Estate Broker/Owner with REAL ESTATE REFERRAL NETWORK 209970

UPDATE: 11/29/08

Just two days left for this challenge....GREEN Lenders Needed! Conventional Renovation Loans Anyone?  (Members Only)  "IF YOU OFFER THIS SORT OF PRODUCT IN ANOTHER STATE there are people that want to know! " Stephanie Edwards-Musa

 ECO-ALL-STARS' ***November CHALLENGE... FIND GREEN LENDER INFO for your neighborhood and share it

4 easy steps:

1. Call or email your buyer/seller financing resources to find out who has a GREEN LENDER package...
2. Let us know about it!!!!! 
3. Post about the research you did and your discoveries and place a link to your post here or at Stephanie's link (above)...or simply put information in the comment section here...
4. TAG your post ECO-All-Stars November Challenge

As Stephanie suggested/requested: " If you know of someone or you personally write these kind of loans can you leave a comment and maybe even a link for others that may want to know in other states? ... have to offer.  If you would rather write a post about it, Awesome!  I would love to read so can you post a link?"

PRIZES: I will FEATURE the post with the most GREEN LENDER INFO at The Eco-All-Stars Group..  ..and YOU will have the appreciation of a grateful audience. 

EXAMPLE for Corey...in Asheville.... 

In Western North Carolina, BB&T offers green lending.  It's pretty simple.  They discount the origination fee from 1% down to .5% and also offer a competitive interest rate.  They also pay for the first year's membership to the WNC Green Building Council.

 original post: 

Recently, Stephanie Edwards-Musa posted a request (see the link and quotes below) that got me talking with lenders here in Asheville and prompted this monthly Eco-All-Stars Challenge...

The ECO-ALL-STARS' ***November CHALLENGE..Find a GREEN LENDER

Steph set the stage:  " Times are changing. Homeowners and Buyers are looking at trying some different things.  Personally, I have had clients that would like to take existing homes and make them GREEN.  ..and asked  what's out there in the way of GREEN LOANS for renovation and /or new homes???

GREEN Lenders Needed! Conventional Renovation Loans Anyone?  (Members Only)

"IF YOU OFFER THIS SORT OF PRODUCT IN ANOTHER STATE there are people that want to know! " Stephanie said...

All this brings us to the ECO-ALL-STARS' ***November CHALLENGE...
FIND GREEN LENDER INFO for your neighborhood and share it

4 easy steps:

1. Call or email your buyer/seller financing resources to find out who has a GREEN LENDER package...
2. Let us know about it!!!!! 
3. Post about the research you did and your discoveries and place a link to your post here or at Stephanie's link (above)...or simply put information in the comment section here...
4. TAG your post ECO-All-Stars November Challenge

As Stephanie suggested/requested: " If you know of someone or you personally write these kind of loans can you leave a comment and maybe even a link for others that may want to know in other states? ... have to offer.  If you would rather write a post about it, Awesome!  I would love to read so can you post a link?"

PRIZES: I will FEATURE the post with the most GREEN LENDER INFO  ..and YOU will have the appreciation of a grateful audience.

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Comments(8)

ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779
REAL ESTATE REFERRAL NETWORK - Asheville, NC
CONTACT janeAnne365@gmail.com

If you know of someone or you personally write these kind of loans can you leave a comment and maybe even a link for others that may want to know in other states? ... have to offer.  If you would rather write a post about it, Awesome!  

WE would love to read so can you doao post and share the link?"

Nov 22, 2008 01:40 AM
Bethany Phillips, MBA
Fredericksburg, VA

I just talked to JD Scott at Monarch Mortgage in Norfolk VA.  Granted this is a VA EEM, but he is working on it! 

Nov 22, 2008 03:29 AM
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

I will call my lender contact and see what I can find out.  I know the green lending products are available and I contacted Jeff Belanger over a year ago and asked for information, but never heard back - so maybe his company just doesn't do them.  I'll be back.

Nov 22, 2008 04:46 AM
Stephanie Edwards-Musa
thredUP.com - The Woodlands, TX
knitwit at thred UP

Hi janeAnne,

I hope this stirs up some of the Eco All Star members to get out and meet new lenders to see what is out there for their clients.  These Renovation loans are amazing!  Even not related to EEM's - They are worth their weight in gold right now. 

The lender I found accepts credit as low as 620!  I hear the squeaking of a lot of doors opening with it.  :)

Nov 23, 2008 08:50 AM
Sabrina Kelley
ERA Herman Group Real Estate - Woodland Park, CO
Woodland Park Colorado Mountain Homes and Land

If I hear of anything in my area I will post it. I bet my green builder is aware of some lenders or programs.

Nov 23, 2008 12:29 PM
Sylvia Barry
Coldwell Banker Previews International (#1 Marin_Sonoma_San Francisco_North_Bay) - San Rafael, CA
Marin and Sonoma Real Estate Leading Expert

Hi JaneAnne, Great subject again!  This will be very interesting to find out.  Would love to post and read the conditions of green lending.

Nov 28, 2008 01:48 PM
ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779
REAL ESTATE REFERRAL NETWORK - Asheville, NC
CONTACT janeAnne365@gmail.com

I've been having trouble with ActiveRain running real slow or not loading.  So, I could not get this to post.  Please do share it if you'd like.  Thanks and Happy Thanksgiving!

 

In Western North Carolina, BB&T offers green lending.  It's pretty simple.  They discount the origination fee from 1% down to .5% and also offer a competitive interest rate.  They also pay for the first year's membership to the WNC Green Building Council.

Nov 29, 2008 01:51 AM
ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779
REAL ESTATE REFERRAL NETWORK - Asheville, NC
CONTACT janeAnne365@gmail.com

Everyone~

THANKS for your contributions here at to the November ECO-All-Stars Challenge.

Look for the Eco-All-Stars ' JANUARY CHALLENGE coming up soon...
and remember...the 3rd Annual GREEN IS RED HOT CONTEST (March, 2009) is on its way!!!

Jan 06, 2009 12:59 AM