Residential Financing for Contractors

We offer eligible homeowners unsecured, personal loans for prequalified energy measures or improvements recommended by a whole-home energy assessment. We do this by partnering with authorized residential lenders to offer competitive, low-interest financing up to $50,000. Homeowners are eligible for below-market interest rates with flexible terms up to ten to 15 years with no penalty for early repayment. Actual rates, terms, and loan amounts depend on the selected lender and the borrower’s creditworthiness.

The only cost to you is a low fee assessed on any loan, which is less than what you would pay if your customers used credit cards or other forms of financing. Michigan Saves makes this process easy.

Residential Loan Process

1

Provide your estimate to the customer

2

Instruct the customer to contact our loan application center online.

3

Schedule and install the project after lender approval

4

Log in to your NGEN account and fill out a quick project closeout