How to Upgrade If You Have an Existing Mortgage


If you have an existing mortgage, you may be able to take advantage of the "Green Mortgage" refinances we've been able to work with many financial institutions in Wisconsin to offer. While it is not 100% the case, a good hint as to whether this program can work for you is by clicking here and looking at the interest rate listed under "Conventional Fixed Rate", and if your current mortgage interest rate is above that, you are likely able to do this Green Homes program. If it is close, please contact us and we can help determine it together with you.

Program steps (for those with an existing mortgage):

Step 1 

Fill out this form or click here to tell us more about your home and schedule a time to talk to us. We will go over the program details, learn more about your home and determine if your home can benefit from this program. Our rule: this program must save you more than it costs in our economic modeling or we will not move forward. Our goal is to help those who otherwise are unlikely to be able to access green upgrades.

Step 2

Provided our rule is met, we will visit the home and do a full investigation of energy & water saving opportunities, adjusting our economic models as needed. We will look to get you pre-approved for the financing for the energy improvements. We will investigate using tools such as thermal camera, air leakage test and utility bill look-back to fully estimate the opportunity for carbon- and utility bill-cutting. We will go over the mortgage refinance process and introduce you to one or more financial institutions.

Step 3

Working with financial institutions, we will determine what new mortgage interest rate you are eligible for and factor that into our economic model of costs and savings. Working with relevant contractors such as solar panel installers we will finalize the scope of work and provide a full overview of what the cost and savings of the program will mean for you on your mortgage payments, water bill (if applicable), electric and gas bills, again ensuring our main rule of positive savings is achieved. The financial institution will send a real estate appraiser to determine what the value of the home will be, and you will be invited to a refinance closing signing.

Step 4

After closing, some projects will be reimbursed by the bank immediately if already done, while others will have up to 6 months to finalize their projects and be paid. We will assist the new Green Homeowner in understanding and accessing any and all relevant tax credits and rebates that can further increase the savings. We will also help the homeowner understand how they can go further in fighting climate change at home!


We'll work with you to identify all relevant weather conditions, building factors, utility rates, bank fees, financing terms and more to show you at every step of the way where you stand on whether this program is expected to save more than it costs. 

Showing 1 reaction

Please check your e-mail for a link to activate your account.