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Independent Bank Joins with Freddie Mac to Offer Freddie Mac GreenCHOICE Mortgages®

By Independent Bank September 13 2023 Press Release

Independent Bank is excited to partner with Freddie Mac to offer Freddie Mac GreenCHOICE Mortgages,® providing customers with a green solution to financing energy-efficient home improvements. 

The Freddie Mac GreenCHOICE Mortgage allows customers to purchase or refinance an existing home and finance completed or to-be-completed energy and water efficiency improvements/repairs through the mortgage. Customers have the ability to close on their mortgage prior to the completion of these improvements.

Energy-efficient homes often come with lower utility costs and increased home comfort. Eligible efficiency improvements include:

  • Programmable thermostats
  • Caulking and weather stripping
  • Adding ceiling, wall, or floor insulation
  • Air sealing
  • Air conditioning/heating replacement to high-efficiency unit(s)
  • Solar water heaters
  • Low-flow water fixtures
  • High-efficiency refrigerators/freezers, water heaters, and light bulbs
  • Replacement of windows and doors

To learn more about Freddie Mac GreenCHOICE Mortgages® and to see if you qualify, visit https://www.independentbank.com/personal/mortgages/.

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