Guide Update 21-15
:
Green Mortgage Loans
HIGHLIGHTS |
Effective for Mortgage Loans Committed on or after November 12, 2021, the Green Mortgage Loan requirements were updated. |
Primary Changes
- Updated the Guide to:
- delete the redundant Green Building Certificate requirements already contained in the Green Building Certifications (Form 4250); and
- require all Green Mortgage Loan Borrowers to enroll with Fannie’s Mae’s Green Measurement and Verification Consultant within 60 days after the Mortgage Loan Origination Date.
- Updated the following Loan Documents to align with the Guide changes:
- Modifications to Multifamily Loan and Security Agreement (Green Rewards Mortgage Loan) (Form 6241);
- Modifications to Multifamily Loan and Security Agreement (Green Rewards/Solar Mortgage Loan) (Form 6264); and
- Modifications to Multifamily Loan and Security Agreement (Green Building Certification) (Form 6267).
Questions
Please contact [email protected] with any questions.