Making your home more energy-efficient is a wise investment and it’s more affordable with the right financing. At People Driven Credit Union, our Home Equity Line of Credit (HELOC) provides you with flexible and affordable access to funds for renovations that reduce energy consumption and enhance comfort.
Energy-Saving Tips and How to Use a HELOC to Finance Green Home Improvements
Whether you’re updating insulation, replacing windows, or adding solar panels, our Michigan home equity line of credit financing makes it easier to take on projects that make a difference.
Why Use a HELOC for Energy-Efficient Renovations?
A HELOC is a revolving credit line secured by the equity in your home. It allows you to borrow as needed and only pay interest on what you use. That makes it ideal for multi-stage or long-term home improvements.
- Flexible access to funds over time
- Lower rates than most credit cards or personal loans
- Potential tax benefits when used for qualifying home upgrades (consult your tax advisor)
Top 5 Energy-Efficient Upgrades to Consider
These projects can help you cut energy costs while boosting your home’s value:
- Energy-Efficient Windows: Reduce heat loss and gain with modern multi-pane windows.
- Improved Insulation: Keep your home comfortable year-round by sealing attic and wall gaps.
- LED Lighting: Lower your electric bill with efficient, long-lasting bulbs.
- High-Efficiency HVAC: Upgrade to a modern system that uses less energy and costs less to operate.
- Solar Panels: Offset or eliminate electric bills with renewable energy.
Use Your HELOC Strategically
Because you can borrow and repay over time, a HELOC gives you the flexibility to fund renovations when you’re ready, without overborrowing. Whether it’s a few hundred or several thousand dollars, you’re in control of how and when you spend.
Get Started Today
If you’re ready to boost your home’s efficiency and lower monthly bills, consider a HELOC from People Driven Credit Union. Our lending experts are here to help you explore options and determine if this is the right solution for your needs.
Apply now for Michigan home equity line of credit financing
Or call us at 248-263-4100 to speak with a member of our team.
Disclosures
Home Equity Lines of Credit are subject to credit approval and collateral evaluation. Rates, terms, and conditions may vary based on creditworthiness and property details. Borrowing against your home’s equity carries risk, including the potential for foreclosure. Interest may be tax-deductible if used for qualifying home improvements; consult your tax advisor for details. Membership eligibility required. NMLS #2050307. Other restrictions may apply.
