To qualify as a green mortgage loan i one of the following green building certifications must have been awarded to the property and ii the green building certification must.
Green building certification fannie mae.
The federal national mortgage association fnma commonly known as fannie mae is a leading provider of financing for mortgage lenders in the multifamily market.
The green building certifications vary in process timing cost and focus.
All recognized certifications have minimum energy and or water reduction requirements.
Fannie mae conducts an annual review of green building certifications available to multifamily properties.
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Fannie mae offers preferential pricing on loans secured by a multifamily property with a fannie mae recognized green building certification.
Fannie mae s green financing program offers preferred pricing to multifamily borrowers who obtain a green certification or implement energy saving improvements.
Fannie mae s green financing products lead to positive financial environmental and social outcomes and create affordable housing options for families and individuals.
Fannie mae conducts an annual review of green building certifications available to multifamily properties.
The following green building certifications are recognized and approved by fannie mae.
About green financing the fannie mae green financing business provides mortgage financing to apartment buildings and cooperatives to finance energy and water efficiency property.
Designation awarded by a third party organization that is recognized by fannie mae and listed in the green building certifications for multifamily properties constructed or mainta.
Fannie mae currently recognizes 35 green building certifications from 12 certifying organizations see form 4250 for a full list of certifications and requirements.
Provide evidence of certification as part of the loan submission to receive our best quote.
The fannie mae learning resource center offers a wide range of materials to help you do business with fannie mae.
Complete our affordability test and select the relevant certification.
Speak to their freddie mac representatives.
National green building standard ngbs home innovation research labs.
Has a green building certification green building certification designation awarded by a third party organization that is recognized by fannie mae and listed in the green building certifications form 4250 for multifamily properties constructed or maintained to meet specified energy and water efficiency standards or other sustainability criteria.
