Oregon: EFS Oregon Loan Program
| Loan Features | Current Interest Rates |
| Eligible Measures | How to Apply |
Energy Finance Solutions is offering a loan program to Oregon homeowners. Customers may finance a number of energy efficiency improvements to their homes.
Loan Features
Key features of an EFS loan:
- Residential owner-occupied single-family and duplex homes
- Unsecured loan (homeowner provides no collateral)
- Borrowers can finance $2,500 - $20,000
- Fixed rate loan terms available: 3, 5, 7 and 10 years
- No fees, points, or closing costs
- No prepayment penalty
- Can finance 100% of installation costs
- Quick approval process - usually 30 minutes or less
- Approved contractors only
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Current Interest Rates
Credit Score Interest Rate Annual Percentage Rate (APR) 640 - 679 18.75% 18.75% 680 - 719 16.99% 16.99% 720+ 14.49% 14.49% Note: Rates subject to change weekly.
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Eligible Measures
The Energy Finance Solutions Oregon program is designed to promote the installation of high efficiency measures, making your home more energy efficient. Therefore, all measures to be installed must meet the minimum efficiency requirements to be eligible for financing.
Please click on this link to view the qualified measures.
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How to Apply
Before you select one of the four options below please download the document, " 6 Easy Steps". 6 Easy Steps is a simple step by step instruction guide designed to assist you through the loan process.
Please note: Any homeowner with a credit history involving a foreclosure, bankruptcy, or repossession in the past 7 years will be ineligible for this loan.
Below are four ways that you can apply for the Energy Efficiency Improvement Loan Program.
At any time throughout the application process you may call 1.800.681.2095 for assistance.
A) Print the application
Click here to download the credit application. Please note the credit application is not a contract for a loan nor does it lock you into any commitment with a contractor. The credit application will allow us to proceed with your request for a loan to finance your improvement(s).B) Request an application packet by mail
You may request an application packet by mail by calling 1.800.681.2095.C) Apply online
If you have an accepted bid from an approved contractor and are ready to submit a full application or you have already been pre-approved and would like to complete the application - you can fill out the credit application online.If you apply online, a loan representative will contact you within a few hours to inform you of the loan decision. You will also be notified by mail.
D) Apply by phone
You may call 1.800.681.2095 to obtain a pre-approval by phone.In order to fully process your loan, you will need to mail or fax the following information in addition to the Credit Application:
- Copy of contractor's bid for the eligible home improvements. (The bid needs to be signed by the contractor and homeowner, list the eligible improvements, and indicate the total cost.)
- If your loan is over $4,000, you may need to provide proof of income. (Recent paystub showing year to date income, or if self-employed, provide a copy of the most recent federal tax returns)
Submit to:
Energy Finance Solutions
431 Charmany Drive
Madison, WI 53719
Fax: 608.249.5788
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