Our home energy loans help hundreds of Washington homeowners annually.
Finance up to 100 percent of eligible energy efficiency - measures up to a maximum loan amount of $50,000.
No up-front loan fees or prepayment penalties. Perfect credit not required.
Competitive interest rates, with no rate increase for lower credit scores.
Our financing has helped hundreds of homeowners. Our team makes it easy and helps you every step of the way. We look forward to working with you!
* APR, Annual Percentage Rate based on example loan criteria.
** The area median income (AMI) is the household income for the median household in a region. AMI is based on HUD Income Limits, See Income Limits | HUD USER and Section 8 Income Limits or more information.
*** Maximum loan amount is $25,000 for Loans not secured by a UCC-1A filing.
Loan availability, terms, and conditions current as of 1/1/23 and are subject to change. Examples include financing of loan fees and a $200 recording fee, where applicable. All loan applications are subject to credit, property, and project approval. Maximum loan amount and Loan to Value apply and are subject to equity value and underwriting requirements for all programs. Applicants must be a customer of a listed participating utility. Loans that are secured by a UCC-1A filing will be recorded with the county. Subordination may be available with lender approval, fees may apply. Principal balance and interest are due on sale, transfer, refinance, or maturity. Due to Home Energy Loan funding sources, financed projects may require a cultural resource and historic preservation review. If a designation is made, the property owner will be responsible for costs incurred.
+ Critical repairs could include mold abatement; asbestos removal; leak repairs, including relevant wall and floor replacement; roof repair/replacement; rodent/pest removal and prevention; electrical upgrades including panel replacement; and air quality improvement.
Our online application is user-friendly and we’re standing by to help. Pre-approval in as few as three to five business days.
Work with your contractor to finalize project cost.
NOTE: Your contractor must be approved as a trade ally by the program and/or utility. Contact us here for more information.
Securely sign your electronic loan documents. By request, document signing is also available by mail.
When your loan documents are signed, your contractor can get to work. When you’re satisfied with the work, you authorize final payment to your contractor.
NOTE: Some programs require a post-project review before final payment can be made to your contractor.
Repay your loan with automated payments through your utility bill.
A Craft3 Home Energy Loan let Tanya install a ductless heat pump, and insulate and weatherproof her older home.
When you repay your loan, we use that money to make other loans. This allows us to serve more homeowners. Over time, this makes a big difference for communities, local economies, and the environment.
Low-income households may be eligible for additional low-cost services.
Seattle City Light offers additional programs and rebates that may help you save money or time.
Seattle City Light also provides information online about Solar Power, Heating and Cooling Your Home, and Oil Heating including resources to help you convert to a more efficient heating option.
Download the Home Energy Loan brochure for Washington homeowners with Seattle City Light as their utility.
“I love numbers! But I never forget that behind every application I review there’s a person that deserves careful and personalized attention.”