Five Percent Loans

Take action with special 5% financing

Improve the energy fitness of your home.

Whether you need caulking and weatherstripping, additional insulation, storm windows, attic ventilation, a more efficient heating system or water heating system, this program can help.

Through arrangements with the Rural Utilities Service we are able to offer low 5% financing to help owners of improve the energy efficiency of their home.

About the 5% Loan:

• 5% Loans are available to any member of Jackson EMC who owns a home served by the
  cooperative and can be used for the cost of labor, materials and products.

• The minimum loan is $300, and you can borrow up to $5,000 if the loan includes a
  heat pump.

• A Personal Home Fitness Evaluation can help
  you determine which measures would be the
  most beneficial.

Call 1-800-462-3691 Today!

Contact Jackson EMC for more information on this
loan and other energy efficiency products and services.

FAQs

Q: What can a loan be used for?

A: Loans can be used to pay the cost and labor for (a) caulking, (b) weatherstripping, (c) electric heat pumps, (d) electric water heaters, (e) ceiling insulation, (f) wall insulation, (g) floor insulation, (h) storm windows, (i) thermal doors**, and (j) attic ventilation. A Personal Home Fitness Evaluation will help you decide which measures will be most beneficial. **A thermal door is permissible only if replacing a hollow core door.

Q: Can I do the work myself?

A: Yes, in most cases. If you do the work yourself the loan will cover the cost of materials only. If you are installing a heat pump, you must have it installed by a licensed heating and air conditioning contractor.

Q: Can I start the work before applying for the loan?

A: No. Loans will not be made to refinance existing obligations or to finance the cost of eligible measures in structures to be built or under construction.

Q: How much can I borrow?

A: The minimum loan is $300. The maximum loan for a single family residence is $3,000 for insulation measures alone. The limit is $5,000 if the loan includes a heat pump.

Q: How do I apply?

A: Call 1-800-462-3691 Today!

 

*Financing is available through arrangements with the Rural Utilities Service. Qualification is based a reasonable test of credit worthiness. This includes a good utility payment record, credit application and credit report from an outside agency. All loan programs, rates, forms, and conditions are subject to change at any time without notice. Limited time offer until funds are exhausted.