0% HEAT Loan Financing in Everett

Through Mass Save's HEAT Loan, an owner can finance up to $25,000 at 0%, with no interest whatsoever, for qualifying energy work such as heat pumps and weatherization. Participating banks and credit unions supply the money, never from us, and each lender makes its own approval decision and sets its own terms. Our role is getting you ready. The program expects several pieces in a particular order: an active Mass Save utility account at the home, a written proposal from the contractor, the signed program authorization, then the bank's own approval, and finally an inspector's visit after the crew packs up. A whole-home heat pump also needs a Home Energy Assessment first, and that visit costs you nothing. The list feels shorter once you can see it in sequence. We write the proposal so your lender gets the scope and price it needs, fill in the authorization form together with you and show how the rebate lines up against the loan. That pairing is what makes plenty of projects pencil out: the rebate trims the total and the loan spreads whatever is left with no interest added. Price, rebate and loan amount all appear together before you sign.