Mass 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

  1. 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.
  2. 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.
  3. Obtain pre-approval from a participating lender if you choose.
  4. Obtain written contractor price proposal(s) for the installation of the improvements.
  5. 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.
  6. Once approved you will receive a HEAT Loan Authorization Form.
  7. Finalize the loan with a participating lender and obtain two-party checks.
  8. Measures are installed and Mass Save conducts a post-installation inspection on the installed improvements.

The loans are available up-to $50,000 (depending on utility) with terms up-to 7 years.


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.

Loan Questions?

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Hello Member services, just want to take the time to thank Sara for going above and beyond. She is what everyone should have as a banker/loan officer. She has been exceptional and has made us feel like there is no other bank better than Hanscom Credit Union. Please make sure she is recognized and given credit for her awesome work and customer service. Thank You Sara! Please forward this email to the head of your organization. Jose Lopez

Boston, MA

Great experience. Highly recommend HFCU.


Rhonda was amazing to work with. I will continue to come to her in the future.


Smooth and easy


I applied to Hanscom Federal Credit Union for a MassSave loan, and the process couldn't have been simpler. Everything was handled online and by phone, and in practically no time, my loan application was approved and I had the cash in hand.

Arlington, MA

Pleasure to Work With!


Helene and Stephanie go above and beyond in offering helpful guidance and advice as well as ensuring the smooth processing of our application. Thank you for your help!!

North Andover, MA

Great experience


Great Experience

Carlisle, Ma

Fast and easy. Nice people to deal with.


Nice people to deal with. They go out of their way to help you.


Fast, easy and enjoyable


Fast and easy

Lexington MA

Excellent Credit Union


We have been members for years and always prompt attention to any problems.

Bedford MA



Very easy, efficient process! This is the second time I've had a loan from HFCU in conjunction with MassSave. Jennifer R. was especially knowledgeable and helpful.

Cape Cod, MA

Fast, great website, good branch service


Applied online Friday, spoke to processing center within 10 mins, contacted Monday by branch for additional paperwork, opened account online (min $25 deposit, I wasn't already a member), in branch Tuesday to sign and get check, setup auto debit from current account online for monthly payment. Surprisingly quick and easy experience.

MetroWest, MA

Mass Save� Loan Program Reviews

4.8 125


*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.