Go Green with Your Mortgage to Save Even More

Whether purchasing, refinancing, retrofitting or building from scratch, our green choice lending programs allow for added efficiency at home and in the financing process. A leader in home financing solutions for over 117 years, we can help you find green builders, architects and retrofit experts in Thurston and Mason counties that meet your unique needs while making the most of your budget.

Green Choice Mortgage

Get More Borrowing Power

An increasing number of customers are considering  a “Green Mortgage” with OlyFed as Washington State continues to adopt more efficient energy codes. If choosing to go green, customers can consider their future energy savings and therefore qualify for greater buying potential. Using the Home Energy Rating System (HERS)* report to determine eligibility, this realized value is available to those with a rating of 55 or lower. Reducing energy consumption is a win for customers and the environment.

Put as Little as 15% Down without Private Mortgage Insurance (PMI)

With our Green Choice Loan, we lend up to 85% without PMI on loans $824,999 and below, which allows for greater flexibility when it comes to your budget.

Qualify for a Reduction in Loan Fees**

We’re excited to offer 0.50% off the loan origination fee with our Green Choice mortgage loans of $824,999 and below.


*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 an REA Report? Contact us and we’ll connect you with a Loan Officer that will be happy to assist you.

**0.50% off loan fee for loans $824,999 and below.

Retrofit Home Equity Loan

Borrow Up to 90% of Your Home’s Value

If you’ve thought of adding a ductless heating system, installing Low E windows, upgrading your insulation or sheetrock, installing a tankless water heater, placing solar panels on your roof or even purchasing energy-efficient appliances, our Green Choice Home Equity Loan is made with you in mind.

Reduced Interest Rate

Enjoy a reduced interest rate with our Green Choice Home Equity Loan. Consult one of our non-commissioned loan officers for more details and to get your questions answered.


Product for owner-occupied purchases & refinances.

Maximum Loan Amount is $250,000; however, the following stipulations apply:

  • If Olyfed is in 1st lien position, 90% maximum loan to value up to $150,000
  • If Olyfed is NOT in 1st lien position, 80% maximum loan to value up to $150,000
  • 75% maximum loan to value for loan amounts $150,001- $250,000.
  • 75% maximum loan to value if the purpose of this HELP is for debt consolidation

Even More OlyFed Advantages

  • What starts at OlyFed stays at OlyFed: We don’t sell our loans to third parties — that’d be like selling our relationship with you! We assure top-quality service by providing it ourselves.
  • Everyone gets the same great rate: No risk-based pricing with our home loans,  you’ll get our advertised rate regardless of credit score.
  • You’ll always get the best deal before closing: We hold your rate at application, but if a better number comes along, no worries; it’s yours.
  • Our neighbor-helping-neighbor business model: Each time we close a new mortgage loan for a customer purchasing or constructing a new home, we make a contribution to our Neighbor2Neighbor Fund in their honor.

Get Started Today

Our team of noncommissioned Loan Officers live and work in this shared place we all call home, which means they know the ins and outs of our area market and are well-connected with our local builder community. Consider speaking with a Loan Officer to set you on the road that’s right for you.

Contact a Loan Officer