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Mortgagegreen Funding for Green-Certified Real Estate

Mortgagegreen is a California-based, green-certified real estate finance company that has developed a one-of-a-kind program for rating and funding green-certified real estate.

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Green Rating System for Real Estate Financing

Mortgagegreen is the first lender to adopt a green rating system as a integral part of all real estate financing transactions, nationwide.

Mortgagegreen further discounts pricing with Greensave loans; 1/8% interest rate discounts or 1/4% cash rebate for green-rated homes.

Mortgagegreen opened in 2001 after significant due diligence, market research and business-development was completed within the expanding green real estate sector. Their knowledge base includes green certification, underwriting, scalable infrastructure, operational control, compliance and fraud detection.

Mortgagegreen is first to introduce Sustainable Mortgage-Backed Securities (SMBS’s) to Wall Street and institutional investors, bridging the gap between the capital markets and the greening of the real estate industry.

Since inception, Mortgagegreen has tested and refined their market opportunity, authored underwriting standards and are well-positioned to expand nationwide as leaders in green real estate financing.

CEO, Tomek Rondio is the acting Vice-Chair of the National Green Building Mortgage Underwriting Standards at the Capital Markets Partnership.

Along with remodel financing, Mortgagegreen also offer home purchase financing, re-financing, green construction and stand-alone solar, among others.

The recent demise of mortgage sub-prime has carried over to capital liquidity effecting most areas of real estate finance. Mortgagegreen offers new, conservatively-underwritten products, based on green, environmentally-sustainable collateral, offering unprecedented transparency, all of which builds new credibility in an injured industry.

The Department of Energy says that conventional buildings in the U.S. eat up 71% of the country’s electricity output and are responsible for 38% of U.S. carbon dioxide emissions.

Energy efficiency is the quickest and least expensive way to extend the world’s energy supplies.

Edited by Carolyn Allen, owner/editor of California Green Solutions
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