"Green" mortgages provide lower interest rates for homeowners

Homeowners now have a new way to receive reduced closing-costs and lower interest rates for energy-efficient homes.

By: Joey Sovine | WCBD
Published: March 18, 2009

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Homeowners now have a new way to receive reduced closing-costs and lower interest rates for energy-efficient homes.

Daniel Island Mortage is the nations first local provider of myEnergyLoan. myEnergyLoan provides discounted mortage rates to customers based on how "green" the project rates.

Daniel Island Mortage is teaming up with several local contractors to provide these "green" mortages. Hunley Waters, Battery Island Row and Mixson have all added the company as the preferred lender for their sustainable developments here in Charleston.

Those developments alone represent over $400 million in projected sustainable developments in the Charleston market.