National Mortgage Originator Launches Green Program

1st Metropolitan Mortgage, a national mortgage originator, committed to be more environmentally friendly through its new BrightGreen Mortgage program, according to Market Watch.

The company estimates that about 500 pieces of paper are used for every loan. To help lessen the impact, the program focuses on paper recycling, document scanning and e-signatures where allowable.  The use of recycled paper is encourages when paper cannot be eliminated.

Also:

  • The company will plant a new tree for each loan closed.
  • Consumers will have the opportunity to win a Toyota Prius hybrid during a six-month sweepstakes.
  • Participating branches will receive special training in how to make their location more eco-friendly.

The BrightGreen Mortgage is available for all loan types, including Fannie Mae, Freddie Mac, FHA, VA, Rural Development and Jumbo loans. Visit the program’s Web site for more information.

Find a location to recycle the paper in your home office with Earth911.

Rate this post

1 Star2 Stars3 Stars4 Stars

Join the discussion

1 comment

Share this article


Comments

  1. Keetsa Mattress Store - Keetsa! Blog - Eco-Friendly and Green News » Blog Archive » Bright Green Mortgage Out To Make Mortgage Origination More Eco Friendly

    posted on November 8th, 2008 at 1:26 pm

    [...] Earth 911 Business, Earth Friendly, Eco Friendly, Eco Friendly, Green, Green, mortgage brokers, mortgage [...]

Join the discussion



Recently Added to Paper

  • Move Over Print Media, Here Come the E-mags

    Sitting down at the breakfast table with a cup of coffee and the Sunday paper may become an ancient ritual just a few years from now, especially as more Americans find themselves reading news online instead of in print.

    According to …

  • The Best DIY Paper Projects

    Last week we covered five craft projects using plastics around your home. But after our editor did her own trash audit, we found that paper is a huge part of the average household waste stream.

    While 87 percent (approximately 268 million) …

  • Will the iPad Push Paper to Extinction?

    Well, probably not. Some critics have praised the Apple iPad for its speed, sleek design and the detail of the screen’s LED-backlit display. Others, like Gizmodo, have criticized the iPad’s lack of a camera, limited apps and even its name …

Earth911

Earth911 is an environmental services company that addresses solutions for products' end-of-life for both businesses and consumers.