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Energy Efficient Mortgage, Greenpoint Rated & HERS Index: Three Terms to Know When Looking for a Green Home

Get the most green for your green in home purchases.

Sara Novak

By Sara Novak
Columbia, SC, USA | Mon Mar 09, 2009 03:30 AM ET

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Justin Horrocks/iStock

I always try and put some silver lining on our current economic situation but with the economy today, it's gotten harder and harder. In home buying there is certainly a positive for all the laundry list of negatives plaguing the news every evening. There are tons of deals to be had out there if you are lucky enough to have the finances to buy. And when searching for a green home the deals are no less abundant. If you're in search of a green place to lay your head at night here are some terms that you should know according to an article in this month's Yoga Journal Magazine.

  • Energy Efficient Mortgage
    This means that if you add the energy savings found by purchasing an energy-efficient home than you can incorporate those savings into the mortgage amount and increase your buying power.

  • Greenpoint Rated
    This is an independent rating of new green homes that is released by green non-profit Build it Green.

  • HERS Index
    This is a home Energy rating system that determines whether a home is qualified to receive Energy Star Certification.


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Hankering for a home makeover? Manifest your green American Dream with tips from Planet Green TV's Greenovate.

 
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