Benefits for Lenders
For residential and commercial lenders who are interested in offering competitive rates and terms, share our high standards of service and community involvement, and have a vested interest in accelerating Michigan’s clean energy future, here are just a handful of our network’s benefits:
- Access to the growing, high-potential market for energy efficiency and renewable energy in Michigan
- Added value for your members, including competitive rates and terms, tools to ensure greater health and safety protections, and money and energy savings
- Access to new members and cross-selling opportunities with responsible individuals committed to financial and environmental stewardship
- Exclusive access to our extensive contractor network
- A partnership with a reputable, member-centric organization that offers a unique financing solution to help borrowers reduce their energy footprint
- Access to utility- and contractor-funded interest rate buydown programs
- Protection for residential lenders from unnecessary risk through sophisticated credit enhancements
Residential Lending by the Numbers
*Every dollar we hold in reserve translates into at least $30 of private investments.
Become a Michigan Saves Authorized Lender
We’re always exploring potential lenders to join our network to ensure the best possible financing options of our borrowers. When partnering with lenders, some areas of priority include:
If your lending institution is interested in joining the Michigan Saves lender network, contact us. Someone from our team will be in touch!