NREL teams up with PowerSaver to helpSubmitted Fri Oct 03 2014 18:44:15 GMT-0400 (EDT)
As a home performance contractor, it is important to stay current on as many finaning tools as possible. Offering your customers a varitey of fianncing options they can choose from will enable the homeowner to pick the best one for them and help seal the deal! See the latest on what PowerSaver loans are offering.
FHA PowerSaver Loans
The PowerSaver loans provide three financing options—including mortgage refinancing—for homeowners to make home energy efficiency and renewable energy upgrades or improvements. Low-interest loans and reduced loan fees can provide cost-effective results, especially when working with local partners and utilities that sometimes offer large rebates. Exploring PowerSaver loans can lower a home’s energy cost and increase home comfort. PowerSaver also provides a product that allows for a mortgage or home refinance [203(k) loan]. The three loan products require different levels of EERE upgrades but all fit nicely into remodeling projects. The qualification is streamlined and the qualified lenders are easy to work with.
For more information visit: http://energy.gov/eere/buildings/powersaver-loans