Loans/Visa

HEAT Loan
Offered in conjunction with MassSAVE™

Pay for energy efficient upgrades to your primary residence, as identified during a Home Energy Assessment performed by an authorized MassSAVE vendor.
 

Features:

  • Loans from $2,000 to $15,000
  • Terms up to 84 months with no prepayment penalty
  • Covers new furnace/heating systems, windows, insulation, energy efficient hot water heaters. For a complete list of qualifying upgrades and steps to the HEAT loan click here.
  • Members pay NO interest (0% APR*)

Benefits:

  • Low monthly installment payment
  • Promotes lower fuel consumption, lower home
    energy costs, and financial stability 
  • It's environmentally friendly


*APR=Annual Percentage Rate. Payment example: A loan of $15,000 with a term of 84 months and an APR of 0.00% has an approximate monthly payment of $178.58.

                                 

Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency.Co-OpMoney PassSUM
Digital Insight, an Intuit companyEqual Housing Lender
All rights reserved 2008 MIT Federal Credit Union 700 Technology Square Cambridge MA (p) 617-253-2845 (f) 617-258-5709
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