Finally someone has figured out how to provide meaningful financial help to those families who are in a tight spot this winter due to the high costs of heating fuel. The folks up in Maine are leading the US in providing an innovative loan program for qualified homeowners.

MaineHousing’s Home Energy Loan Program offers loans at a low fixed rate of only 3.95% (4.194% APR) for home improvements that increase home energy efficiency.

This program is more than a band-aid. For those that participate, it will provide long-term relief from energy costs. Our hats are off to Maine State Housing Authority.

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