Countrywide Offers Discounted Rates for Buyers of Green and Energy Efficient Homes
March 19 2008 - 8:00AM
PR Newswire (US)
- Countrywide's Green Incentive Program Initially Available in 13
States - SEATTLE, March 19 /PRNewswire/ -- Countrywide Home Loans,
a division of Countrywide Bank, FSB, today announced the retail
launch of its Green Incentive Program, which will initially be
available to qualified home buyers in thirteen states, including:
Alaska, Colo., Iowa, Idaho, Minn., Mont., Neb., N.D., Ore., S.D.,
Utah, Wash., and Wyo. The program provides an interest rate
reduction of .125% on a Countrywide loan used to purchase a new
home that is built meeting recognized green and energy efficient
standards. "This program gives qualified home buyers more incentive
to purchase energy-efficient and green-built homes," said Dave
Porter, senior vice president and division builder manager for
Countrywide. "Concern for the environment and saving precious
natural resources doesn't have to conflict with buying a newly
constructed home. Reduced interest rates, combined with the fact
that most owners of green-built, energy-efficient homes pay lower
monthly utility and water bills, make this program very
attractive." The Countrywide Green Incentive Program's interest
rate reduction applies to newly constructed homes that meet
third-party, certified standards of recognized green building
programs, including Energy Star, Earth Advantage, LEED for Homes
and Built Green programs of local home builder associations, as
well as the National Association of Home Builder's Green Building
program. For more information, call 800-262-4214 to speak with a
Countrywide regional builder manager and for a referral to a
Certified Builder Representative in your area. Additional
information is also available through many local Countrywide home
loan consultants in areas where the program is available. About
Countrywide Home Loans Countrywide Home Loans is a division of
Countrywide Bank, FSB -- a member of the Countrywide(R) family:
America's #1 home loan lender (as ranked for 2007 by Inside
Mortgage Finance, Jan. 25, 2008, Copyright 2008). Countrywide Bank,
FSB is the primary subsidiary of Countrywide Financial Corporation
(NYSE:CFC). Countrywide Financial Corporation, through its
subsidiaries, provides mortgage banking and diversified financial
services in domestic and international markets. Founded in 1969 and
a member of the S&P 500 and Fortune 500, Countrywide Financial
Corporation is headquartered in Calabasas, California. DATASOURCE:
Countrywide Home Loans CONTACT: Janet Quan, 1-800-796-8448, for
Countrywide Home Loans Web site: http://www.countrywide.com/
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