Borrowers can now make upgrades to reduce utility costs and improve the comfort and safety of their homes with Fannie Mae’s HomeStyle Energy mortgage. Designed to finance energy and/or water efficiency or home resilience improvements from natural disasters.

Features:

• $500 credit to borrower at closing 
• Max LTV (1-unit owner occupied) up to 97%
• Energy Related Financed Improvements
  • Up to 15% of “as completed” appraised property value
• All 1-4 unit existing properties
• All occupancy types permitted
• Can be used to pay off other energy related financing
• Max DTI per DU

Learn more about this product: https://gmfspartners.com/products/home-style-renovation/ 

Energy Star-Certified Improvements – https://www.energystar.gov/products/products_list 
Fannie Mae Selling Guide> HomeStyle Energy for Improvements