Thursday, April 28, 2011

New Low-Cost Green Home Improvement Loan: The Smartest $25,000 You’ll Ever Get

From Old House Web: FHA PowerSaver Loan may save enough from energy bills to cover your monthly payments. Great opportunity for homeowners who want to save energy but can't make the investment up front.

"I recommend getting a home energy audit to determine which improvements will give you the biggest bang for the buck.  If you’re smart and combine this loan with other incentives like rebates and tax credits, the 20-year loan term could make your monthly payment actually less than your energy savings.  It’s like free money." - Matt Grocoff OldHouseWebBlog %28The Old House Web Blog%29