Smooth and simple
5
Very easy.
J
Cambridge
- Loans & Credit Cards
- Loan Rates
- Mortgages
- Car Loans
- Real Estate Services
- Car Lease-like program
- Home Equity
- Motorcycle, Boat and RV Loans
- Mass Save 0% Loan
- Credit Cards
- Low-Cost HECM Reverse Mortgage
- Personal Loans
- Solar Energy Program
- Personal Line of Credit
- Business Lending
- Private Student Loans
- Pay My Loan
- Calculators
- LifeLine Loan
- Loan Rates
- Mortgages
- Car Loans
- Real Estate Services
- Car Lease-like program
- Home Equity
- Motorcycle, Boat and RV Loans
- Mass Save 0% Loan
- Credit Cards
- Low-Cost HECM Reverse Mortgage
- Personal Loans
- Solar Energy Program
- Personal Line of Credit
- Business Lending
- Private Student Loans
- Pay My Loan
- Calculators
- LifeLine Loan
Free guide
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CU Thrive: Saving is Easy
Reward yourself with a terrific rate. Learn about CU Thrive
Mobile Deposits
Make check deposits 24/7 from your mobile device or computer. Learn about EasyDepositMass Save® Heat Loan Program
Mass Save® Heat Loan - 0% Interest Loan
Mass Save Heat Loan Overview
It’s Simple to Save Energy and Money
The HEAT Loan Program provides consumers the opportunity to apply for a 0% APR loan from Hanscom FCU to assist members with the installation of qualified energy efficient improvements in their homes.
Improvements that qualify:
- Heating System Replacement
- Domestic Hot Water & Solar Hot Water Heaters
- Central Air Conditioning and Heat Pumps
- Insulation & Replacement Windows
Check the Mass Save website for a listing of additional rebates that are available.
How it works
Steps to get started
- Customer must sign up for a Home Energy Assessment from an authorized Mass Save vendor. Call (800) 632-8300 to schedule a free home energy assessment.
- A MassSave representative will assess your energy efficiency improvement needs and determine what improvements are eligible for financing. The representative will provide a HEAT Loan Intake Form, Program Steps, and Minimum Standards and Requirements.
- Obtain pre-approval from a participating lender if you choose.
- Obtain written contractor price proposal(s) for the installation of the improvements.
- Forward the proposal(s) for review and approval by your Mass Save HEAT Loan administrator listed by your electric utility or Cape Light Compact’s HEAT Loan Intake Form.
- Once approved you will receive a HEAT Loan Authorization Form.
- Finalize the loan with a participating lender and obtain two-party checks.
- Measures are installed and Mass Save conducts a post-installation inspection
on the installed improvements.
The loans are available
Eligibility
Incentive available for residential customers occupying a 1-4 family home participating in the Mass Save home energy assessment program. Some restrictions may apply. Offer subject to change without notice.
Reviews
great support
5
great customer service
jbc
north easton mass
great service fast and easy
4
Great customer service
Martha
STONEHAM
MasSave Loan
5
Jessica at Hanscom really knows her stuff. She was efficient, helpful, and timely with everything.
PB
Bedford MA
Quick and Easy!
5
Online application, approval within 24 hours and closed within another 24 hours ... they go as fast as you want to go! I didn't even need to go in to sign any paperwork, all electronic.
Sean M
Medfield
All Online!
5
Amazingly easy and entire process can be done remotely!
Jen
Millis
Great Experience
5
I have been dealing with Hanscom for 4 years. You could not ask for more knowledgeable personnel.They are willing to work with you and explore every option that would benefit your needs.
Buzz13
Newburyport,Ma
Excellent friendly service
5
Sara the young woman who worked with me on this Mass Save Loan was so friendly and helpful. Much appreciated
Jim
Swampscott
Easy and quick
5
Hanscom FCU facilitated a MassSave interest free loan for me quickly and with ease. I was a bit worried because of the lead time on the MassSave side; however, once I had my authorization form, Patty in the Billerica branch helped close the loan in 2 days. While I do most of my banking online, it's always a pleasant experience when I do need to go into the branch for something. Everyone is so professional and courteous, always helpful and answering questions without feeling rushed.
Mike
Tewksbury, MA
I'm very happy with the service
5
I'm very happy with the person that help me.
Rafael
Lynn
Mass Save� Loan Program Reviews
4.8
181
99.2
Related Content
Home Equity FAQs - Home Equity Loan vs. Home Equity Line of Credit
Home Equity FAQs - Do you require an appraisal for Home Equity Loans?
Replacing a Furnace? A MassSAVE Home Energy Assessment can help.
Make Your Home Green and Save Green
*APR = Annual Percentage Rate. Incentive available for residential customers occupying a 1-4 family home participating in the Mass Save home energy assessment program. Some restrictions may apply. Offer subject to change without notice.