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Q. Why would the banks give green mortgages?

A. From yesterdays article the question came, why would a bank want to offer green mortgages? Well the simple answer, its just good business. If the environment succeeds so does everyone in the world. Duh.

The slightly more complex answer is that any time a bank can get a client to do renovations it is in the banks best interest. It ups the resale value of the property and increases the value of the banks security.

2018-03-10T02:38:36-07:00September 6th, 2007|Mortgages|

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