Energy Efficiency Loansgirl and dog looking out window

MA Residents

RI Residents

 

Massachusetts Residents                           

Save energy and make your home comfortable year-round with a Mass Save® loan from BankFive. Qualifying customers can receive no-interest financing to install energy-efficient heating and cooling equipment and other qualifying energy-efficient improvements.*
 
Eligible Services Include:
  • Central Air Conditioning & Heat Pumps
  • Domestic Hot Water & Solar Hot Water Heaters
  • Insulation & Replacement Windows
  • Heating System Replacements
 

If you've already had a home energy assessment and have received your HEAT Loan Authorization Form, click the button below to apply now!

Apply for Your Loan Today!

 

If you haven't had a home energy assessment yet, simply follow the steps below:

1.) Call Mass Save® at (866) 527-7283 to schedule your no-cost home energy assessment.

2.) Fill out the paperwork provided by your Mass Save® representative.

3.) Submit your documents and receive your HEAT Loan Authorization Form.

4.) Apply for your BankFive Energy-Efficiency Loan. You'll need to provide us with your HEAT Loan Authorization Form.

 

Rhode Island Residents          

Qualified Rhode Island National Grid customers can receive 0% financing to install energy-efficient heating equipment in their homes.*
 
Eligible Services Include:
  • Heating Systems and Thermostat Controls
  • Insulation, Air Sealing, and Duct System Improvements
  • Water Heaters
  • Pre-weatherization (knob and tube remediation)
 

If you've already had a home energy assessment and have received your 0% Financing Authorization Form, click the button below to apply now!

Apply for Your Loan Today!

 

If you haven't had a home energy assessment yet, simply follow the steps below:

1.) Download the RI Heat Loan Program Enrollment Form

2.) Call EnergyWise at (888) 633-7947 to schedule your free home energy assessment.

3.) Have the Energy Specialist complete Section 1 of your Enrollment Form.

4.) Choose your contractor(s), then complete and submit your Enrollment Form.

5.) Receive your 0% Financing Authorization Form.

6.) Apply for your BankFive Energy-Efficiency Loan. You'll need to provide us with your 0% Financing Authorization Form.

 

*Some restrictions may apply. This offer is subject to credit approval and may be suspended or terminated at any time. Minimum loan amount is $500.00. APR refers to Annual Percentage Rate. The monthly payment would be approximately $11.90 per $1,000 borrowed based on 0.00% APR for 84 months. Trust review and recording fees ranging from $150.00 to $375.00 apply for properties held in trust. Eligible Mass Save HEAT Loan customers will need to obtain cost estimates from licensed contractors and submit them to the Home Assessment Vendor for approval.

*Loans greater than $15,000 have a minimum FICO Score requirement of 660 and maximum debt to income ratio of 45%, based on net income.

BankFive NMLS #525575 • Member FDIC  Member DIF • Equal Housing Lender