NORTH SMITHFIELD – 1st Metropolitan Mortgage, a national mortgage originator, estimates that for every 17 loans made, one tree and 811 gallons of water are consumed and 242 pounds of greenhouse gases are created. That’s why the company started its national BrightGreen Mortgage program, which is being offered at the North Smithfield branch.
The company said the program will give originators the tools and support to produce mortgages in a more environmentally friendly manner while saving borrowers time and money.
Under the BrightGreen program, 1st Metropolitan promised to:
“We do not have to be environmental activists or make radical lifestyle changes to have a significant, positive effect on our environment,” said Daniel Jacobs, 1st Metropolitan CEO. “Simple acts go a long way to preserving our future. 1st Metropolitan Mortgage has always said we have a solid foundation for a better future. The BrightGreen Mortgage initiative is just another way of demonstrating our commitment to the future.”
“As a company in an inherently paper-saturated business, we believe it is imperative that we take the initiative to reduce paper and become even more environmentally and socially responsible,” said North Smithfield branch manager Rick Masnyk.
Consumers will have the opportunity to win a Toyota Prius hybrid during a six-month sweepstakes. The BrightGreen Mortgage is available for all loan types, including Fannie Mae, Freddie Mac, FHA, VA, Rural Development and Jumbo loans. Each loan type will be able to take advantage of varying components of the BrightGreen Mortgage objectives.
