Welcome Mortgage Lenders —
In this section, we will explain how your business will benefit from utilizing green incentives to promote energy efficiency to your mortgage and home equity customers.
We will also present two products that you can use to attract property owners as you promote loan programs that can finance renovation and new construction projects.
If you have questions, please contact us at info@newvistasolutions.com, or call 866-721-9295.
Energy-efficient property in your portfolio could help your bottom line
- A study by the University of North Carolina reported that owners of energy-efficient homes are 32% less likely to default on their mortgage.
- Resilient property design is getting more attention in the green energy space as the frequency of catastrophic weather events increases. There are financial incentives available to property owners who make modifications to their property exteriors that mitigate damage from flooding and high winds. Property that is more resilient against catastrophic weather events is less likely to need costly repairs or replacement — a loss mitigation win for the mortgage lender.
- Statistics show property with higher energy efficiency ratings are more likely to appraise at a higher value than those with lower ratings. Higher appraised value means lower loan-to-value ratios…and less exposure for the mortgage lender.
We’ve created a product that we believe is a powerful marketing tool for mortgage lenders when (1) marketing to existing customers with tappable equity in their property, (2) marketing to new customers looking to finance homes that need renovation and (3) marketing to commercial property owners interested in energy-efficient upgrades, renovation projects or new construction.
That product is The Quick Summary.
The Quick Summary
The Quick Summary is a low-cost report that lenders can purchase and pass along to homeowners as an added service. It provides a high-level overview of incentives offered in a specific project’s geographic area. If the project includes any of the green practices or measures listed in the report, the property owner could be eligible for cost-saving incentive programs.
The cost of The Quick Summary is $10. For a free demo and ordering details, contact our product specialists at info@newvistasolutions.com, or call 866-721-9295.
To view samples of The Quick Summary, click the buttons below.
To register for a Quick Summary account, please contact one of our product specialists at 866-721-9295 or send an email to info@newvistasolutions.com. If you have already spoken to a product specialist and you have registered for access to The Quick Summary order page, you can login here:
The Green Report
The Green Report is a more comprehensive list of incentives than The Quick Summary. It is available for lenders and property owners to purchase, and it provides a list of incentives specific to a project’s location, scope of work and asset type.
We believe having knowledge of The Green Report adds value to any lender’s suite of consumer services. Since many property owners are not aware that green incentives exist, the ability to introduce loan prospects to this report will position lenders as valuable sources of cost-saving information for property owners.
The information contained in The Green Report can also be used as an effective marketing tool for lenders when promoting loan programs that could finance commercial and residential renovation projects involving green energy components. A loan program promotion that offers property owners access to a report that will save money on a new commercial building or home improvement project involving green energy upgrades will stand out among competing lenders.
Click below to view sample reports for residential and commercial properties.
Sample Green Report – Residential
Sample Green Report – Commercial
To order The Green Report, see Our Products page.