How easy is it to find a Green Home in Northern Virginia? According to Adam Gallegos, founder of Arbour Realty there are not that many out, but in his words “where there is a will there is a way.”  Adam states that people who are determined to find an Eco-Friendly Home, have other options and these options offer which also offer great incentives.

Through a special loan program called FHA 203k.  The FHA 203k loan is a permanent mortgage which allows for the acquisition (or refinance) of a residential property and the escrow of funds for repairs, remodeling and/or improvements after closing, eliminating the need for short-term construction financing.  Almost any green improvement you can think of is eligible for this program, including any of the following that might be necessary: permit costs, consulting fees, up to 6-months of mortgage payment.

FHA 203K Loan Program only requires a 3.5% down payment, so for those like minded environmentalists, it has never been easier to find a home and make your own green specifications. Contact Arbour Realty for more information, and have the right team of specialists behind you.