Green Building Certification Fannie Mae

Provide evidence of certification as part of the loan submission to receive our best quote.

Green building certification fannie mae.

Complete our affordability test and select the relevant certification. Fannie mae s green financing program offers preferred pricing to multifamily borrowers who obtain a green certification or implement energy saving improvements. The following green building certifications are recognized and approved by fannie mae. The fannie mae learning resource center offers a wide range of materials to help you do business with fannie mae.

Browse our online resources learn at your own pace and discover fannie mae learning tools. National green building standard ngbs home innovation research labs. Fannie mae offers preferential pricing on loans secured by a multifamily property with a fannie mae recognized green building certification. Fannie mae conducts an annual review of green building certifications available to multifamily properties.

Speak to their freddie mac representatives. About green financing the fannie mae green financing business provides mortgage financing to apartment buildings and cooperatives to finance energy and water efficiency property. 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. All recognized certifications have minimum energy and or water reduction requirements.

Fannie mae currently recognizes 35 green building certifications from 12 certifying organizations see form 4250 for a full list of certifications and requirements. All recognized certifications have minimum energy and or water reduction requirements. The green building certifications vary in process timing cost and focus. Please see form 4250 for complete eligibility requirements the specific certification fannie mae recognizes from each organization and the groups.

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. 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. Our digital library includes learning modules videos frequently asked questions demos job aids guides and more.