Best of Both Worlds - Low, Fixed Monthly Payment Financing With No Interest for the First 12 Months
0.00% for 12 Months, 8.99% thereafter (blended 6.14% APR) for most borrowers
Low, fixed monthly payment financing from NEIF— with no interest for the first 12 months.
The National Energy Improvement Fund (NEIF)’s EnergyPlus “Best of Both Worlds” Financing offers qualified homeowners low monthly payments and a full 12 months of 0.00% true APR* on eligible home upgrades— with no deferred or accrued interest.
Each payment made during the first year goes directly toward principal, helping shorten the overall loan term. If the loan is paid off before 12 months, there is no interest.
*0.00% for 12 months, 8.99* thereafter (blended 6.14%) for most borrowers.
What Improvements Qualify?
Homeowners making qualifying improvements to their primary residence or vacation (1 to 4 unit on permanent foundation) are eligible. Work must be performed by a NEIF-Approved Contractor. Additional work can be part of the financed project if at least 50% of the improvements include:
- Air Conditioning (Central)
- Air Sealing & Insulation
- Awnings & Shading
- Carpet, Flooring, Tile
- Electrical Work
- Electric Vehicle Chargers
- Furnaces & Boilers – All Fuels
- Gas Line Extension
- Generators
- Geothermal
- Heat Pumps
- Kitchens & Baths
- Lighting & Controls
- Other Energy Improvements – Case by case
- Plumbing Work
- Roofing
- Siding
- Solar
- Tank Removal & Replacement
- Water Heaters – All Fuels
- Water Treatment
- Windows & Doors
Special Financing with Low Guaranteed Monthly Payments
- Financing from $2,500—$50,000
- 100% Financing of Project
- Unsecured Loan – No lien on property
- Complete Flexibility on How Much Interest You Pay – pay off or pay ahead with no penalty
- Simple, Transparent, Expert, Trusted Financing from NEIF, a Certified B Corporation™
Who is Eligible?
- 1 to 4-unit primary or secondary (vacation) home – deeded properties* and
co-operative housing communities- *Properties owned or held in trust are not eligible.
- Owner-occupied, no investment properties
- Must be affixed to a permanent foundation
- No lien filed on your home
- Applicant must meet all credit guidelines
Three Simple Steps
1. Get an Estimate
Contact a NEIF-Approved Contractor to get an estimate for qualifying improvements.
2. Fast Approval
Find a NEIF-Approved Contractor and apply via their application link for an instant credit decision. If you don’t have a contractor selected, apply online directly for a no-obligation credit pre-approval.
3. Installation & Payment to Contractor
Your contractor will send us a copy of your estimate/proposal identifying final price and qualifying improvements. You will receive electronic loan documents for your signature. NEIF pays the contractor when the work is completed to your satisfaction.
NEIF-Approved Contractors
Contractors who have earned the NEIF Seal of Approval are qualified, leading contractors of all sizes authorized to offer NEIF’s trusted, affordable monthly payment plans for energy and resilience upgrades.
They have met NEIF standards for commitment to quality work and customer service, financial stability and personal integrity and leverage our technology, expertise and relationships to broaden their markets in HVAC, Roofing, Remodeling, Lighting, and most energy improvements
If you are not already a NEIF-Approved Contractor, apply here!
Resources
Contractor Rate Sheet
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