The most significant and most important investment most of us have in our lives are our homes. Much of our time will be spent there, and it is the place where we seek comfort. When it comes to the energy efficiency of a home, energy lost equals dollars lost. A chance to invest smart dollars into your home, making your environment more comfortable year-round with the least out of pocket costs, and doing something positive for the environment just makes good sense.
The NEIF or National Energy Improvement Fund is the nation’s only certified “B corporation” energy efficiency and resiliency lender meeting the highest standards of social and environmental performance, public transparency, and legal accountability.
Loans are based on credit scores and range from 7.99% to 12.99%. A credit score of 720+ would place you in the 7.99% interest bracket. The average credit score for most Americans is 680 to 699, placing them in the 9.99% interest bracket. A credit score of 640 to 679 would put you in the 12.99% interest bracket, which is still cheaper than a credit card. Terms are 3, 5, or 10 years, and loans may be paid in full at any time without penalty. Credit scores are pulled from TransUnion. The loans are unsecured, and the percent is static and will never increase. The loans can be applied to primary residences, vacation homes, condominiums, and trailers on a fixed foundation. The amount clients can borrow ranges from $2,900.00 to $25,000.00.
To put things in a clearer perspective, 7.99% and 12.99% is only about $6.00 difference per month, and in the loan space of less than $10,000.00, 70% of the applicants will qualify. Only one loan can be taken at any one time, so we encourage homeowners to choose to perform the job wisely and seal, insulate, and ventilate. Doing one or two without the third will not provide the savings, comfort, and environmental impact you will desire. We invite you to play with the calculator on our website portal to see what your payments would be. Additionally, Attics and More does not require a down payment. This is really a win-win for the consumer all the way around.
Steps to Applying for NEIF:
1. Visit our website www.atticsandmore.com.
2. Scroll to the bottom of the page.
3. Click on the NEIF symbol.
4. This brings you to the Attics and More portal.
5. Scroll to the bottom to the Monthly Payment Estimator. By sliding the blue dots to the amount you are
interested in financing, you can compare what the monthly payment amounts would be.
6. Click on “Learn More About the National Energy Improvement Fund.”
7. Click on “Learn More” or “Apply Now.”
8. Click on “For Homeowners” at the top of the page to apply online or pay online.
Some important information for consideration:
Customers can apply individually or jointly, but if a joint application is chosen, the person with the lower credit score is the score the NEIF uses. For this reason, clients should file individually first to see if they can qualify for a better interest rate. If someone applies and the application kicks out, a message will explain what is missing. No down payment is required by Attics and More or the lender. If you finalize an application, the loan approval is good for 120 days from the date completed and electronically signed by the applicant.
After you apply for a loan, a decision is made immediately. If you are not working due to being retired or disabled, the client must choose “other income” on the application requiring additional time for the income to be verified.
We are proud to partner with the NEIF. We take your relationship with our financing company just as seriously as you do. We want our customers to feel comfortable entering into an agreement with this reputable company. Now is the time to take advantage of this fair and transparent financing relationship and show your home and our Earth a little love.