Green Mortgage
From Open Risk Manual
Revision as of 11:36, 18 October 2019 by Wiki admin (talk | contribs)
Green Mortgage
Green Mortgage is any loan securitized against real estate where the conditions of the Mortgage are linked to the environmental footprint of the property. A green mortgage may concern an existing or new property.
Example
A green mortgage may offer better borrowing rate in return for purchasing a more energy efficient home or committing to implement energy saving work within an existing property