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WDMA Applauds New Fannie Mae Program to Finance Energy Efficiency Improvements

Posted By Administration, Wednesday, April 06, 2016

WDMA Has Long Sought Improved Energy Efficiency Loan Options

[Washington, DC- 4/6/16] - The Window & Door Manufacturers Association (WDMA) is applauding Fannie Mae for the introduction of the new HomeStyle® Energy mortgage, an enhanced option for borrowers who want to finance energy efficiency improvements to their home.  Borrowers with an existing, higher-interest energy improvement loan can more easily roll that loan into a new mortgage or into a refinance of an existing mortgage.  In addition, borrowers will have options to finance new energy upgrades when purchasing or refinancing a home.  The HomeStyle Energy mortgage can be used on 1-4 unit properties, including condominium units, and is available for all approved Fannie Mae lenders. Read more.

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