Mortgage Discounts for the Energy Conscious

Want to be the green house on the block? As more industries jump on the "green-wagon," conscious consumers can enjoy the benefits of a wider selection of eco-friendly solutions at lower prices. Even prospective home owners concerned about conserving energy can benefit directly by getting a discount on their mortgage. Lenders across the US and in the UK are beginning to offer deep discounts to borrowers who want to install solar power in their homes among a variety of other energy saving ideas.

In Ireland, Ulster bank offers what they call a "Solar Mortgage" giving borrowers a 50% discount off the bank's variable mortgage rates. Their hope is to help free up the money home owners need in order to be able to install the latest solar technology. The bank has partnered with solar energy company Solarcentury to provide this convenient service at a low cost for the growing population of energy-conscious home buyers.

If you are in the home-buying market and are wondering about your energy-saving options, begin researching lenders who offer incentives to make your home more friendly to the environment. Mortgage companies are offering more and more incentive programs and creative solutions for home buyers than ever before, and a free quote is easier to obtain than you may think. Begin taking advantage of the green trend by getting your free quote and contacting a mortgage lender today to ask about their environmental programs. Even if they don't yet offer a service similar to Ulster's, the more borrowers express interest the more quickly they may begin such a program.