Contractor Finaning Application - PDF by twk13354


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									                                                 Special Program
                                                 for Pennsylvania
                                                Homeowners Only!          You Can Afford to Improve Your Home’s Energy Efficiency
                                                                               with Special Low Rate, Longer Term Financing
                                               Low Rate                                                  With the Keystone HELP® Energy Efficiency Program, most Pennsylvania
                                                                                                      homeowners who meet the program’s eligibility guidelines can get a low cost loan for
                                            Financing Plan                                            ENERGY STAR® rated and high efficiency heating, air conditioning, air sealing,
                                                                                                      insulation, windows, doors, geothermal and “whole house” improvements using
                                                 for Energy Star®                                     Home Performance with ENERGY STAR®. These lower rates can save consumers
      Who is                                  and Energy Saving
                                                                                                      thousands of dollars over the life of the loan, further enhancing the energy savings
                                                                                                      from the improvements being made and eliminating or minimizing out of pocket costs.
   Keystone Help?                            Home Improvements           For improvements from $1,000 to $15,000
     Keystone HELP®, Pennsylvania’s
  special program for Energy Efficient
                                                                            Keystone HELP® loans have lower fixed rates and
                                                                         long amortization terms (meaning lower monthly
                                                                                                                                          How Do I get
  Home Improvements has lower rates
  as a result of the Alternative Energy
                                                                         payments) than typical unsecured financing options
                                                                         such as high rate credit cards or shorter term bank
                                                                                                                                     a Keystone HELP® Loan?
  Investment Fund Act (Act 1).                                                                                                         Apply online at, by phone at
     Principally supported by the PA                                                                                                 (888) 232-3477, or see an Approved Contractor for
  Department of Environmental                                            For improvements up to $35,000                              more information. We’ll have a quick decision on
  Protection, PA Treasury Department                                       Keystone HELP® loans provide an affordable                your application and are happy to answer your
  and the PA Housing Finance Agency,                                                                                                 questions.
                                                                         home equity option for homeowners with limited
  the Keystone HELP® program helps
  make affordable energy efficiency
                                                                         home equity and below market rates for consumers
                                                                         with equity who choose to do “whole house”
                                                                                                                                            What Information
  available to all Pennsylvanians.
     Keystone HELP® is administered by
                                                                         improvements.                                                     Will I Need to Supply?
  AFC First Financial Corporation, a                                                                                                 1. Get an estimate for qualifying improvements
  Pennsylvania energy efficiency lender.                                 Who is Eligible?                                               from an Approved Contractor
  AFC First Financial                                                    Pennsylvania homeowners who:                                2. Fill out an application online by going to
  Corporation, founded in 1947,                                          ! Own and are making                                  or by phone by calling
  provides simple, preferred                                               qualifying improvements to                                   1-888-232-3477
  rate financing programs for
  energy related home and                   Lower your energy costs!       their primary residence
                                                                           located in Pennsylvania and;                              3. Provide us or your contractor with how much
  business improvements. AFC First is the
  exclusive lender for Keystone HELP, and   Raise your comfort level!    ! Have a combined annual household income of
                                                                                                                                        energy you used and how much you paid for
                                                                                                                                        energy for the past 12 months.
  also administers the Connecticut Solar                                   $150,000 or less.*
  Lease program for the Connecticut Clean      Heating and Cooling                                                                    4. For an Unsecured Loan, sign the Keystone
  Energy Fund.                                 Windows and Doors         ! Are making Improvements to 1 to 2 unit owner-
                                                                                                                                          HELP® Retail Installment Agreement provided
                                                                            occupied dwellings. Work under the secured                    to you. For a Secured R&R Loan, we will send
                                                    Insulation              “Whole House Improvement Loan” or                             you disclosure information and a closing agent
                                            “Whole House” Improvements      EnergyLoan “R&R” programs must be done on a                   will come to you at a mutually convenient time
                                                                            1-2 unit owner occupied, deeded property.                     and location to close your loan.
                                                                         ! Meet the credit eligibility standards                      5. When the work is done to your satisfaction, sign
                                                                         *Homeowners with income over $150,000 can apply for              the Completion Certificate provided by your
                                                                         the EnergyLoan programs.                                         contractor. Upon reciept, we’ll call you to
                                                                                                                                          confirm and pay the contractor upon your verbal

For fastest approval, Apply Online:                                         For fastest approval, Apply Online:                           authorization.
                                                                                                                                         If you are applying for a “Whole House” Loan,                                                                                           obtain your energy audit from a Keystone HELP
                                                                                                                                     Certified Auditor and select sufficient qualifying
or apply by Phone: 888-232-3477                                               or apply by Phone: 888-232-3477                        improvements to meet the program requirements.
        Who can Perform                                                                                                                    $150,000 Maximum                              More Eligible
          the Work?                                        Keystone HELP® Loan Programs                                                    Household Income
                   Only Keystone HELP®                     EnergyStar Unsecured Loan                                              Amt: $1,000 to $15,000                  Advanced Performance
                   Approved Contractors may                                                                                       Rate: 6.99%
                   perform the work. Approved
                                                           For ENERGY STAR qualified Heating, Cooling,                                                                    Eligible Improvements
                   Contractors have been
                                                           Windows, Doors, Insulation and other qualified                         3, 5 or 10 Year Term                    Work under this category may be performed by an
                                                           improvements that meet program standards
                   reviewed for financial and                                                                                                                             Approved, Trained or Certified Contractor.
                   ethical stability. Visit                                                                                                                               Improvements under this category must be both
          or call (888)                                                                                                                         Energy Star® rated (except insulation) and also meet
                   232-3477 to find Approved                Advanced Performance Unsecured Loan                                   Amt: $1,000 to $15,000                  the Advanced Performance standards of this program.
                                                                                                                                                                          See additional specifications for Alternative Energy
                   Contractors in your area.                For ENERGY STAR qualified Heating, Cooling, Windows, Doors,           Rate: 5.99%                             Equipment at
                                                            Insulation and other qualified improvements(except insulation)        3, 5 or 10 Year Term
                                                            that meet the AP program standards                                                                            Air Source Heat Pumps - SEER > 15.0, EER > 13.0, HSPF > 9.0
                                                                                                                                                                          Central AC System Split Systems - SEER > 15.0, EER > 12.5
   What Improvements                                        Whole House Unsecured Loan                                            Amt: $1,000 to $15,000                  Central AC Package Systems - SEER > 14.0, EER > 12.0
      are Eligible?                                         with Certified Energy Audit                                           Rate: 4.99%                             Boilers (all fuels) - AFUE >95
                                                            For improvements recommended by a certified Energy Audit with
This is a summary of eligible improvements. A
                                                            predicted minimum energy savings of 15% to 25% required, depending
                                                                                                                                  3, 5 or 10 Year Term
complete list with detailed installation specifications                                                                                                                   Furnances - AFUE >95
                                                            on your energy profile. One Certified Auditor must do all the work.
can be obtained at All work can                                                                                                                         Geothermal Heat Pumps - Closed Loop GeoExchange Systems
be financed if at least 75 percent of the project                                                                                                                         Only. EER> 14.1, COP > 3.3
consists of qualifying improvements.                        Whole House Secured Loan                                              Amt: $5,000 to $35,000                  Air Sealing and Insulation - Walls, Floors and Ceiling
                                                            with Certified Energy Audit                                           Rate: 3.875% to 6.375%
             Energy Star® Improvements                      For improvements recommended by a certified Energy Audit with         10, 15 or 20 Year Term
                                                                                                                                                                          Alternative Energy Heating & Cooling Systems -
                                                                                                                                                                          Excluding solar technologies.
             Work under this category may be                predicted minimum energy savings of 15% to 25% required,
             performed by an Approved, Trained or           depending on home’s energy profile. Up to 120% of home’s value.       plus $325 Audit Credit
             Certified Contractor                                                                                                                                         Whole House Improvements
      Energy Star Air Source Heat Pumps                                                                               No Income Limits                                    Work under this category must be
      Energy Star Central Air Conditioning
                                                           EnergyLoan Programs                                        for projects NOT eligible for Keystone HELP loans
                                                                                                                                                                          performed by a Certified Contractor,
                                                                                                                                                                          or a trained Contractor under the
                                                                                                                                                                          on-site oversight of a Certified
      Energy Star Boilers (all fuels)                      Alternative Energy Secured Loan                                        Amt: $5,000 to $35,000
      Energy Star Furnaces (all fuels)
      Must be Energy Star certified except for indoor
                                                           For installation of energy-efficient improvements that are NOT         Rate: 6.375% to 8.875%
      solid fuel buring furnaces (wood, coal, etc) which
                                                           Energy Star qualified, including Sunrooms (heated), Solar Thermal,
                                                           Solar PV, Closed & Open Loop Geothermal.                               10, 15 or 20 Year Term                                     Alternative Energy Sources
      have a minimum 78% AFUE.
                                                                                                                                                                                             including Solar and Wind
      Energy Star Water Heaters
      Energy Star Windows/Doors                             Alternative Energy Unsecured Loan                                     Amt: $2,500 to $20,000                                     Financing available through
      Air Sealing and Insulation                            For all makes and models of Heating, Cooling, Windows, Doors,         Rate: 13.99%
                                                            Insulation, Solar Thermal, Water Treatment and other qualified        3, 5 or 10 Year Term
      Energy Star Ceiling Fans                              energy-efficient improvements.
                                                                                                                                                                             For fastest approval, Apply Online:
      Energy Star Programmable Thermostats
      Energy Star Ventilating Fans                         “R&R” General Home Improvements                                        Amt: $5,000 to $35,000           
                                                           Secured Loan                                                           Rate: 6.375% to 8.875%
      For more information on Energy Star® rated
      improvements visit
                                                            For installation of most types of home improvements (both energy      10, 15 or 20 Year Term           
                                                            and non-energy related) with a PHFA Approved Home Evaluation                                                        or by Phone: 888-232-347 7

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