0% HEAT Loan Financing in Beverly, MA

A heat pump is a big purchase. The Mass Save HEAT Loan makes it easier to handle. It lets you borrow up to $25,000 at 0% interest for heat pumps and weatherization, and the lending is done by banks and credit unions that have joined the HEAT Loan program. Pair it with the rebate and far less leaves your pocket at the start. The loan has steps, in a set sequence. First, a Mass Save utility account. Next, our written proposal. Then the authorization form. The lender reviews and approves. Once the work is finished, an inspector checks it. Miss a step and things stall. This is our part. We write the proposal with the details lenders want to see. We help you with the authorization form so it lines up with the proposal. We explain how to pick a participating lender. Then we schedule the install after approval and set up the inspection once the system is running. A few things we never do. We never quote a monthly payment. We never quote a loan term. We never tell you your odds of approval. Those come from the lender, not from us. What we do promise is that our side of the paperwork is complete, correct and on time, so the loan can move.