Get up to $25,000
to Finance Energy Efficient Home Retrofits!
The PowerSaver Loan program is designed to ease the financial burden for homeowners looking to undergo energy efficient retrofits on new and existing homes in the state of California. Eco Performance Builders is now an approved PowerSaver Loan distributor!
The Department of Energy (DOE) has teamed up with The Department of Housing and Urban Development (HUD) to create a low interest loan program for homeowners interested in getting a residential energy upgrade. Six different California lenders have been approved by the government to provide the loans for the new pilot program.
The Powersaver Loan program will provide approved homeowners with up to $25,000 in funding for energy retrofit measures to help lower the homes monthly utility bills and reduce the owners annual energy usage.
To qualify for the loan program, homeowners need to have good credit, reasonable debit-to-income levels, and some equity held in the house. Loans over $7,500 are automatically backed with a second line of equity on the property.
The number of lenders is limited so loans in the Bay Area will only be available for a short period of time. The loan program is designed to serve less than 10,000 California residents so act quickly to ensure your loan can be processed before the program ends.
For any questions about the Power Saver Loan Program, please contact Eco Performance Builders at 1-800-EPB-0703