Mass Save® HEAT Loan Programs

Middlesex Saving Bank is pleased to participate with the Mass Save Program to offer HEAT Loans.

HEAT Loans are no-interest loans that homeowners can use to finance eligible energy efficiency projects, such as new heating systems, hot water systems, insulation upgrades, window replacements, and other qualifying efficiency improvements as allowed by the Mass Save Program. 

The Mass Save Program determines the eligibility for customers to participate in the HEAT Loan program. The participating lender determines the credit-worthiness of the customer. 

Middlesex Savings Bank offers HEAT Loans up to $25,000, with terms up to 7 years. The property must be occupied by the borrower(s).

How to apply for a HEAT loan:
  • Start by visiting Mass Save, and completing the online Home Energy Assessment.
  • If required, an in home or virtual Home Energy Assessment will be scheduled. 
  • If your property has eligible upgrades, you will need to obtain a quote from a contractor and submit it to Mass Save. 
  • Upon review, a HEAT Loan Authorization Form will be issued, which you can take to a participating lender, like Middlesex Savings Bank, to apply for a loan. 
  • Applicants are underwritten for creditworthiness, and may require documentation of the applicant's credit history, housing expenses, income, etc.
  • Pre-approvals are available upon request. 
Please visit for more information. 

If you have any questions regarding the loan, please contact us at 1-877-672-7654 or  
Customers must meet program eligibility requirements prior to participating. Proposed equipment upgrades must be authorized by Mass Save prior to financing. Eligibility for the HEAT Loan Program is based on pre-approval. Some restrictions apply and offers are subject to change or cancellation. 

No-interest loans are available for home energy efficiency improvements through the Mass Save HEAT Loan Program. As a participating lender, we offer these 0% interest loans on qualifying improvements. Financing is subject to credit approval. Estimated cost per $1,000 calculated on maximum term available, 0% APR for 84 monthly payments of $11.91 per $1,000 borrowed. Loan terms are based on finance amount. Additional Terms and Conditions apply. 

Visit or call 866-527-SAVE (7283) for details and to learn more about the program.