Enjoying Capital Lake Park, downtown Olympia.

Green Choice 

Building, Buying or Retrofitting with Energy Efficiency in Mind?

OlyFed Green Choice Lending Programs offer you two unique loan options.


Take a look at some of the advantage of buying green with Olympia Federal Savings:

  1. Provides More Borrowing Power: We consider your future energy savings to qualify you for greater buying potential. Using the Home Energy Rating System (HERS) report to determine your eligibility, this realized value is available to those with a rating for 60 or lower*.
  2. Lends Up to 85% Without Private Mortgage Insurance on Loans $500,000 and Below**
  3. Qualifies for a reduction in loan fees


Our Home Equity Loan Program (H.E.L.P) is for upgrading or retrofitting your home with energy-efficient components.

  1. Lends Up to 90% Without Private Mortgage Insurance
  2. Loan Fee Waived With Low Closing Costs: Once completed, with all proceeds for upgrades done by a licensed contractor.
  3. Reduced Interest Rate and Financing

*HERS efficiency is measured in a range from 0 to 150; 0 being the most efficient. The HERS rating is a result of a Residential Energy Analysis (REA) report. Need help in getting a REA report underway? Contact us and we’ll connect you with a Loan Officer that will be happy to assist.

**.50% off loan fee for loans $500,000 and below. The reduction on loan fees for loans of $500,001 and above may not exceed $2,500.

OlyFed's Green Choice Lending: Thinking Forward

Read about the Green Program: Green Lending Article

View a home loan checklist before you meet with your loan officer

Get Started Today

Loan Officer Barbara Whitlow
email Barbara