If you are looking at different options to finance your energy-efficient home improvements a 12-month same-as-cash incentive may be a great option, especially if you plan to pay it off within a year. Or, your situation may benefit from a traditional term loan with low monthly payments.
Either way, you are looking to go, EnerBank USA makes the process quick and easy to finance your home insulation project. Quickly apply via phone and get approval within a few minutes, all without an application fee, closing costs, and prepayment penalties. As an unsecured loan, there will also be no lien on your property.
The different loan options we offer through EnerBank USA are:
One Year Same-As-Cash Loan
Complete your insulation project with no payments or interest for one year. The loan minimum is $1,000. When talking with the lending specialist, use loan code 821177 to activate this special offer.
6.99% Term Loan
If you are looking for low monthly payments over a few years this loan may be a good option. Finance at 6.99% for 60 months with a $3,500 minimum, or 6.99% for 84 months with an $8,000 loan minimum.
Traditional Installment Loan
A traditional installment loan may work best if you are looking for greater flexibility. With a fixed-rate based on approved credit, the max term of the loan varies by the amount of the loan. Loan amounts from $1,000 to $3,499 can have up to a 60 month term, $3,500 to $7,499 a 84 month term and $7,500 to $19,999 up to a 120 month term.
To determine your estimated monthly payments, use the information above with any loan calculator.
How to Apply for a Loan Through EnerBank USA
When you are ready to move forward with your insulation quote and desire to finance through EnerBank USA, you can follow the instructions below to call in via phone:
Step 1: Call 866-405-7600 to apply.
Step 2: Have a short discussion with a lending specialist. He or she will ask you a few questions to qualify you for the loan, as well as the following info:
RetroFoam of Michigan Dealer ID Number: 7428
Type of Home Improvement: Insulation
If desired, use the One Year Same-As-Cash Loan Code: 821177
Step 3: Receive a credit decision in about 10 minutes. On average, around 80 percent of folks who apply are approved for a loan.
Step 4: Review and sign loan documents on the day of the install.
If you have any questions, ask your estimator or give our office a call at 866-900-3626.