Lenders will review, score and approve the reports.įreddie Mae Green Up is for property owners interested in investing in energy and water efficiency measures (EWEM) at their multifamily properties. Nova has achieved pre-qualification with Fannie Mae for completing High Performance Building (HPB) reports as part of the Green Rewards program.ĭelegated lenders will no longer have to submit Nova’s HPB reports to Fannie for approval. Nova is Pre-Qualified With Fannie Mae Fannie Mae offers better pricing and will underwrite up to 75% of projected owner-paid projected savings and 25% of tenant-paid projected savings.įannie Mae covers the cost of the High Performance Building Report when the loan closes as a Green Rewards.
A minimum of 30% savings in energy and water with a minimum of 15% energy savings must be identified.
Nova is one of the primary providers of energy audits for both Fannie Mae and Freddie Mac green financing options.įannie Mae Green Rewards is for property owners interested in investing in energy and water efficiency measures (EWEM) at their multifamily properties.
