The GREEN Appraisals Act of 2025 would require certain mortgage creditors to tell borrowers they may share an energy report about a home and may request one. Starting March 1, 2026, if a report is available and the borrower agrees, the creditor must give it to the appraiser. A qualified appraiser must consider the report when valuing the home, including its energy features, estimated savings, and renewable energy features. The bill also requires mortgage systems to handle appraisals that use energy reports.
If you apply for a covered mortgage, you would receive information about energy reports and their possible effect on an appraisal and loan application. You could ask for a copy of an existing report at no cost. An appraisal could be higher, lower, or unchanged after considering the report, and that information could help or hurt your ability to get the loan.
The bill does not specify the cost of preparing an energy report. A creditor must provide a copy of a report to the borrower at no cost upon request.
No publicly available information.
No publicly available information.