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Going Green Is a No Brainer

April 14, 2017

Our new green financing initiative for America’s workforce housing needs is making a real difference for borrowers, renters and the environment—with more than $4 billion funded since it launched last August.

Why go green?  We think it’s a no brainer.

It makes financial sense
Better loan pricing and utility savings help a borrower recoup the cost of building improvements.

It’s easy
Borrowers automatically get a green quote when they apply for a loan.

No guesswork
A free property assessment* lists practical energy- and water-saving improvements. Order the report when you go under application, and our preferred vendors will get the assessment back to you within two weeks.

Borrowers have two years to make improvements—twice as long as the competition.

We hold a spread for 90 days so we take away the interest rate risk upfront (unlike the competition).
Renter Satisfaction
Seventy-eight percent of renters would rather rent “environmentally friendly”**

Visit Green Advantage online and download the product term sheet.

*Freddie Mac will reimburse up to $3,500 of the cost of the property assessment when a Borrower chooses a Freddie Mac loan.
** 2016 September Freddie Mac Renter Research, Poll Conducted by Harris Poll.

Deal Story

At a 430-unit property built in 1990 in Texas, a state facing a serious water shortage, water-saving improvements for $500/unit (higher than the $350 required minimum) resulted in a big return.

Green Improvements
Low-flow toilets, efficient showerheads, and kitchen/bathroom aerators.


  • 5 million gallons of water/year = 8 Olympic-sized swimming pools
  • $105,000 in utilities in one year

Return on Investment (ROI)

  • Full ROI in two years
  • $1.1 million netted in 10 years