Mass Save HEAT Loans & Energy Efficient Loans

AFFORDABLE FINANCING

We get it - living in New England means long and sometimes tough winters that can lead to quicker deterioration of windows, heat pumps, and installation, but we’re here to help. St. Mary’s Credit Union works with Mass Save®  HEAT Loans program to offer 0% APR financing for home energy efficient upgrades up to $25,000. This affordable financing allows you to make those home upgrades you’ve been needing without the stress of a high interest rate.

 

ARRAY OF UPGRADES:

Mass Save® recommended energy efficient home upgrades may include:

• Attic, Wall, and Basement Insulation
• High Efficiency Heating Systems
• Central Air Conditioning / Air Source Heat Pumps
• Ductless Mini Split Heat Pumps
• High Efficiency Domestic Hot Water Systems
• Solar Hot Water Systems
• 7-Day Digital & Wi Fi Thermostats
• ENERGY STAR® Most Efficient certified window models

 

THE GOOD STUFF

A greener home is now within your reach:

• Mass Save® HEAT  Loans require a Mass Save® Home Energy Assessment to be approved for the loan. Read more in the ‘HOW IT WORKS’ section below
• Mass Save® HEAT Loans are available for up to $25,000
• Mass Save® HEAT Loans have a maximum 84-month term 
• Mass Save® HEAT Loans apply to owner-occupied 1-4 family residences only

 

CHOOSE ST. MARY'S

We've been in business for over a century as a friend, a neighbor, and a credit union. We’re here for you - with quick, local decision-making and processing as well as attentive, friendly service from start to finish.

Your loan information will assessable to you via our online and/or mobile banking. You’ll be able to set up automatic payments to be deducted from your account monthly. Plus, if you need assistance or have questions, we are available Mon-Sat by phone (508) 490 8000.

 

DO I NEED TO BE A MEMBER?

If you're not already a member, our team will easily set you up with a membership at St. Mary's when you apply for the loan. Your membership will also give you access to our other trusted products and services, be sure to check them out.

 

Ready to make some home upgrades? Apply now -

Getting a 0% APR Mass Save® HEAT Loan is 100% easy.

 

Step 1: Schedule an in-person or virtual Home Energy Assessment through Mass Save® https://www.masssave.com/en/residential/programs-and-services/home-energy-assessments/home-energy-assessments

Step 2. Once assessment is complete, a Mass Save® representative will have determined what improvements are recommended and eligible for financing. The representative will provide a HEAT Loan Intake Form, Program Steps, and Minimum Standards and Requirements.

Step 3: You’ll need to obtain written contractor price proposal(s) for the installation of the improvements and complete the HEAT Loan Intake Form. Then forward those two documents to your Mass Save® HEAT Loan representative. Once approved, you will receive a HEAT Loan Authorization Form.

Step 4: Finalize your Mass Save HEAT® Loan and obtain two-party checks.

Step 5: Get your energy efficient home upgrades on! Once measures are installed, Mass Save® conducts a post-installation inspection on the installed improvements.

Step 6: After satisfactory inspection, sign check over to contractor and any additional rebates are processed.