Based upon research on HERS® data provided by RESNET, Freddie Mac has developed a new mortgage product to finance energy efficiency in mortgage loans, the “GreenCHOICE Mortgage”. The product will finance energy-efficient homes and upgrades of existing homes up to 15% of the home’s appraised value. Improvements over $6,500 will require an energy report that can be completed by a certified HERS Rater’s ® rating report. A HERS rating has the option of producing an energy-efficient mortgage report. At the Virtual RESNET 2021 Conference, Simone Beaty and James Cromartie of Freddie Mac’s Single-Family Client and Community Engagement gave a presentation on the GreenCHOICE Mortgage® . To view the session click on Energy Efficiency Mortgages: What’s the Latest with GreenCHOICE®?