FHA and Fannie Mae offer loans for home energy improvements
The FHA’s PowerSaver program allows eligible owners to borrow up to $25,000 at fixed rates for as long as 20 years to finance energy-conservation retrofits. Fannie Mae has an energy-improvement mortgage add-on program. If you’ve been looking for a way to pay for energy improvements to your house, two little-publicized new mortgage programs could provide the cash you need.
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