Borrowing – and lending – responsibly.
From home mortgages to transportation purchases, to the ordinary expenses of life, there’s an art to borrowing wisely. At Green Bank, we’re doing our part to make sure you have the best options, along with the information and guidance you need. And be sure to ask about our special lending terms for projects that improve your home’s efficiency.
Your house hunting days are over – you’ve found what you’ve been looking for. Now let your private banker at Green Bank set you on the path that leads you home.
Regular Conventional Mortgages
Our conventional mortgages are built on ease. For homes priced up to $417,000, we’ve built a system that emphasizes education and we’re able to guide you through the process.
Jumbo mortgage loans – which are loans for amounts greater than $417,000 – can make jumbo sense at Green Bank, where we “hold” them rather than selling them into the secondary market. This means your primary contact is still your private banker here, not some anonymous person at a 1-800 number.
Qualified borrowers will discover that Green Bank lending rates are exceptionally competitive.
Home Improvement Loans
Improving your home’s efficiency is not only a kindness to the environment, it can help reduce your expenses. To top it off, Green Bank can help make your home improvement project financially rewarding in other ways.
The RE-Building Green Home Improvement Loan rewards customers who invest in money- and resource-saving remodeling choices for homes and town homes that meet common green standards.
For home improvement loans with a principal balance of $200,000 or more, the owner will receive an annual reward of $500. The annual reward will be deposited into a Green Money Market Account for up to five years.
Required Improvements Include:
- HVAC systems of at least a SEER 14 rating
- Ductwork replaced or insulated to at least an R8 value
- A programmable thermostat
- For all new windows, Energy Star-qualified replacement windows
- A solar, high-efficiency or tankless water heating system. Hot water tanks should use a water heater blanket and all piping within three feet of the heater should be insulated to an R-3 value
- Energy-Star ratings for replacement appliances
- Dual-flush toilets recommended when old units are replaced. If old toilets are retained, new toilet tank kits are required
- Two-gallon-per-minute showerheads
- Two-gallon-per-minute aerators for lavatory sinks
- Attic insulation of an R-30 level. Fiberglass, cellulose, whole-wall spray foam, rigid foam board, cotton fiber batt, foil radiant barrier products, recycled denim or other materials are acceptable
- Compact fluorescent lamps or LED lighting in main living areas and bedrooms
Our attitude is “yes.” Whether for a new or used vehicle, college, CDs, unsecured loans or something else – we’re here to help. For more information, call 713-316-7007.