Temporary Changes to Branch Availability

All branches are closed Thursday, November 26, 2020, in observance of Thanksgiving Day. 

Click here to see temporary changes to branch availability at our Bedford, Cambridge (Mt. Auburn Hospital), Concord, Dorchester (South Bay Center), JFK, McCormack, MITRE Bedford, MITRE McLean (Virginia), Moakley, Natick, and O'Neill branches.

Mass Save® Heat Loan Program

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.

Steps to get started with Energy Saving Loan:

  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.

Eligibility

Incentive available for residential customers occupying a 1-4 family home participating in the Mass Save home energy assessment program. Mass Save HEAT Loan limited to owner-occupied primary residences within Massachusetts.  Other restrictions may apply. Offer subject to change without notice.

Loan Questions? 

Complete the form below and a member of the team will contact you to answer your questions. 






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Great Experience

5

Great experience from beginning to end. Bank representatives were efficient and professional --very pleased with our experience.

Metrowest Boston

true

great value

5

everyone was great

gloucester ma

true

Fast and excellent customer service!

5

I needed to apply for a Mass Save loan and I can't believe how easy and quick the process was! I was able to get the checks for the loan the next day and the application process was simple. It was a great experience!

Massachusetts

true

Extremely easy, great customer service experience

5

Sumita walked me through the process and took the time to explain each step in great detail so there were no surprises. I highly recommend HFCU for any banking needs.

Boston, MA

true

Great value, very professional and pleasant service!

5

The staff are very pleasant and helpful. The loan was completed within couple days.

Winchester

true

THE STAFF WAS VERY PATIENT WALKING ME THROUGH THE PROCESS!

5

NICE SMOOTH TRANSACTION, STAFF WAS VERY EASY TO WORK WITH. NO PROBLEMS,

STONEHAM,MA

true

Wow

5

Hanscom is one of the best banks I have ever dealt with. Ever. Having worked at and with the nations top 5, I can say that Hanscom is a cut above the rest.

Massachusetts

true

Fast and easy

5

it was fast and easy

Wayland MA

true

Very easy to use & receive a decision almost immediately

5

Very satisfied with all the services offered

Natick Ma

true

Helpful service

5

Sarah was very helpfu!

Westwood Mass

true

Mass Save� Loan Program Reviews

4.9 280

99.6

*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.