Cleveland-headquartered CrossCountry Mortgage is now offering the CCM EasyGreen, a mortgage designed to enable borrowers to save money by using energy-efficient appliances and making eco-friendly improvements to their homes.
According to the company, income qualified borrowers can use the new product in a purchase loan or for refinancing. It is available on for primary residences and provides a Loan Level Price Adjustment waiver which may result in a lower interest rate.
“With CCM EasyGreen, borrowers not only reduce their carbon footprint but also enjoy the benefits of a lower interest rate on their mortgage,” said Jenn Stracensky, chief operating officer. “By implementing energy-saving measures, such as replacing old appliances with energy-efficient appliances, borrowers can potentially save thousands of dollars over the life of their mortgage.”