Senate Bill Sweetens Loans for Energy-Efficient Homes - NYTimes.com

Senate Bill Sweetens Loans for Energy-Efficient Homes - NYTimes.com: "Home buyers purchasing energy-efficient properties could qualify for larger mortgages than their incomes would normally allow under a Senate bill reintroduced Thursday with broad real estate industry support.

The measure would allow lenders to include projected energy savings from efficiency upgrades when measuring the borrower’s income against expenses and the value of the home against the debt. In addition to giving borrowers larger loans in new purchases and refinancings, it could also lower their interest rates."

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