0% interest, with lender approval
0% HEAT Loan Financing in Cambridge
Leave oil behind without paying everything at once. The Mass Save HEAT Loan offers up to $25,000 at 0% interest through lenders in the program, and we help you get the paperwork right.
Make the Switch Without One Big Check
Plenty of homeowners would love to stop buying oil but hesitate at the price tag. The Mass Save HEAT Loan helps with exactly that. That loan carries 0% interest, can reach up to $25,000, covers heat pumps and weatherization, and is issued by member banks and credit unions. We are not a lender, but we make the process far easier.
The steps follow a set order. First, you need an account with a utility that offers Mass Save. Next comes our written scope with the hardware, the labor and the cost. After you put your name on the program's authorization form, then apply with a bank or credit union in the program, which decides whether to approve the loan. Once the work is finished, it is inspected before the loan wraps up. For whole-home projects, the Home Energy Assessment comes first.
The rebate and the loan work nicely together. The rebate reduces what the project costs, and the loan can cover some or all of the rest. In the proposal you will see all of it on one page: the price, the expected rebate, the loan amount and your share. We never quote loan terms or monthly payments, because those belong to the lender. Our job is to hand them a clean, accurate file.
Financing Help, Step by Step
What we take care of so the loan moves smoothly.
A quick fit check
We confirm your utility and project type so you know the loan is a realistic option.
A lender-ready proposal
Equipment, work and price written up clearly, the way banks and the program expect.
Authorization form support
Help filling in and signing the form that links your proposal to the loan.
Finding a lender
Pointers to banks and credit unions in the program and what to bring when you apply.
Rebate and loan in one view
The loan amount set with the rebate in mind, so you borrow only what makes sense.
Final inspection
Your after-install inspection set up and the wrap-up forms signed.
How the Loan Comes Together
Check
We confirm your utility account and, for whole-home work, help you get the assessment scheduled.
Prepare
The proposal and authorization form are completed and you apply with a lender in the program.
Close out
The installation is finished and inspected, and the paperwork is wrapped up for the lender.
Why Finance With Our Help
Clean paperwork
Clear proposals mean fewer questions from the lender and less back and forth for you.
Your share up front
Price minus rebate minus loan, written out before you commit to anything.
Straight talk on approval
The lender decides. We explain what they look for so you can apply with confidence.
- 0% interest program
- Up to $25,000 under program rules
- Banks and credit unions in the program
- Help with every form
Wondering How Much a 0% Loan Could Cover?
Tell us about your home and how you heat it. We will explain the rebate, the loan range and how to get started.