You think it's hard getting a loan for your home? Try borrowing for a home made of discarded tires and hay bales.
While green is popular, plain-vanilla is more popular. Environmentalists are finding it harder than ever to get loans on alternative houses. Borrowing to buy, build, or refinance requires a lender that's flexible or has experience with green housing.
Today's Wall Street Journal shares several stories of environmentally-minded homeowners and their financing struggles. Lenders have always preferred plain-old houses, and their appetite for risk has only decreased with the financial crisis.
Have you borrowed for a green home? Share your experience in the comments.
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