Green Advantage^®

• Conventional loans and TAH cash preservation loans (excludes SBL, Seniors, Student, MHCs and supplementals).
• 5, 7- or 10-year term.
• Fixed or floating-rate execution.

• 30% of energy or water/sewer consumption for the whole property, with a minimum of 15% from energy, based on Green Assessment.
• Find additional energy- and water-efficient products at the Environmental Protection Agency’s ENERGY STAR and WaterSense program webpages.

Must meet policy compliant DCR/LTV; no adjustments.

2 years to complete.

Funds for energy/water efficiency work will be escrowed at 125% of cost and released as work is completed.

Green Assessment.

Green Up and Green Up Plus loans require Borrowers to engage a third-party data collection consultant, prior to the origination of the loan, to collect, input and monitor actual energy and water usage through the term of the loan.

For deeply affordable properties that have already had energy and/or water efficiency improvements made within the current calendar year or the previous two calendar years from when the borrower completes Form 1209: Green Retrofits Certification.

• Conventional and TAH cash preservation (excludes SBL, Seniors, Student, MHCs and supplementals.)
• 10-year fixed.
• Affordability Test required – eligible properties need to have at least 20% of units affordable at 60% AMI.

We give discounted loan pricing for 5-year and 10-year fixed-rate loans – if at least 40% of the property’s units are affordable at workforce housing levels. They must have an industry-standard green building certification:

1. EarthCraft, Southface
2. ENERGY STAR for Multifamily Existing Buildings, High Rise, New Construction, EPA
3. Green Communities, Enterprise Community Partners
4. Green Globes, Green Building Initiative
5. GreenPoint Rated, Build It Green
6. Leadership in Energy and Environmental Design (LEED), US Green Building Council
7. National Green Building Standard (NGBS), Home Innovation Research Labs
8. Passive House Institute US (PHIUS) Certified
9. Passive House Institute (PHI) Certified

Optigo lenders should:

• Speak to their Freddie Mac representatives.
• Complete the Affordability Test and select the relevant certification.
• Provide evidence of certification as part of the loan submission to receive our best quote.

If your borrower doesn’t choose any of the above Green Advantage options, make sure they know they can receive $5000 from Freddie Mac for delivering an EPA ENERGY STAR Score^®.