Details | HomeStyle Energy Mortgage Loans


Funder

 

Fannie Mae

Implementer

 

Fannie Mae Lenders

Description

 

The HomeStyle Energy mortgage loan is designed to help lenders offer financing of up to 15% of the as completed appraised property value of a home. Borrowers can use the financing for energy-efficient and water efficient upgrades when purchasing or refinancing a home. The monies can also be used to pay off higher-interest energy improvement debt, including PACE loans.

Funding guidance

 

Applications open

 

None

Applications close

 

None

Type

 

Secured Loan

Category

 

Financing

Territory

 

United States

Applicant type

 

Private Resident

Project

 

Rehabilitation of Existing Whole Building  |  Rehabilitation of Part of an Existing Building

Sector

 

Residential

Sub-sector

 

Single Family

Sustainability

 

Electric Vehicle Charging Infrastructure  |  Energy Efficiency in Buildings  |  Energy Management System  |  Energy Storage  |  Generation Systems  |  Water Use Reduction

Small business

 

False

Disadvantaged communities

 

False

Cost sharing amount

 

None

Cost sharing percent

 

None

Cost sharing note

 

Minimum repayment years

 

None

Maximum repayment years

 

None

Interest rate comment

 

Incentive