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Energy Efficiency Financing

The Energy Loan

Visit our interactive consumer Web site at: www.energyloans.org

The Energy Loan is a Fannie Mae special product developed to provide homeowners with an unsecured finance option for specified energy efficient home improvements. In the interest of consumer protection, Fannie Mae requires its approved lenders to undertake contractor/dealer screening processes. The Energy Loan is available through multiple approved Fannie Mae lenders.

   

Since 1995, Viewtech has processed over $250 million in financing for several major utilities and governmental agencies.  Viewtech is an approved Fannie Mae Lender and Servicer of Fannie Mae Energy Loans, employing our proprietary LoanVIEW™ loan origination and servicing system with internet-enabled customer service features.  Viewtech was instrumental in the development of contractor quality control standards and processes; developing unique and proprietary quality control techniques specific for service-conscious utilities.

Viewtech is the most experienced lender with utility-sponsored programs in the nation, employing our proprietary loan origination and servicing system with internet-enabled customer service features.  

These include:

  1. regulated/ratepayer-funded,

  2. regulated/non-ratepayer-funded, and

  3. unregulated/affiliate-sponsored.

Additionally, these programs have been designed to achieve DSM, market transformation, zero-utility cost, and revenue generation objectives.

Multiple Benefits

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Your customers gain:

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Ability to borrow $2,500 to $20,000

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Ability to borrow for up to 10 years

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Diligent contractor screening/referrals

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Wide range of eligible measures including:
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HVAC

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doors or windows

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flooring

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fireplaces

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insulation

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appliances

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roofing

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water heaters

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bathroom remodeling

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kitchen remodeling

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solar water heaters

People who know say . . .
"Fannie Mae is showing its continued commitment to homeowners," said U.S. Senator Barbara Boxer (D-CA). "Their work does not end with the sale of the home.  They constantly work toward providing a better quality of life for the owners." . . .  Viewtech will administer the program through its full service finance center.
"I applaud The Gas Company, Volt Viewtech, and Fannie Mae, for their commitment to providing California residents with affordable opportunities to improve their homes while saving energy," said U.S. Representative George Radanovich (R-CA).
"Helping our customers with energy efficient financing was a new and challenging endeavor. Volt Viewtech teamed with our management staff to make our Home Energy Upgrade Program a success," said Anne Shen Smith, Senior Vice President,  Customer Services, The Gas Company.
"Fannie Mae is pleased to be working with the Gas Company and Volt Viewtech on such an exciting consumer product," said Libby Harshfield, Senior Vice President of Fannie Mae's Western Regional Office. "The dream of homeownership is not only about providing affordable housing opportunities, but also about providing products that homeowners can use to improve their homes."
Under the program, home improvements will be completed by local contractors approved by the League of California Homeowners.  "As a consumer organization, we are pleased to be able to provide homeowners with recommendations for highly qualified craftsmen and technicians," said Kenneth W. Willis, President of the League.
"You are to be commended for achieving what the California Public Utility Commission has sought to achieve for many years.  Your energy efficiency financing programs with utilities and Fannie Mae are highly regarded by the CPUC and you have successfully shown utilities how to achieve market transformation and offer a valuable customer service through an innovative finance program," said Stan Hulett, former Commissioner, CPUC.
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Your utility gains:

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Innovative customer service with market transformation benefits

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Stronger relationship with local contractors and manufacturers

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Higher value to your customers as an information/service provider

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Leveraged brand equity and better understanding of customer needs

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Depending on program design, zero-cost or revenue generation 

To  National Energy Efficiency Home Loan Center

To  Customer Profiles

For additional information, fill out our Information Request form or e-mail jmclain@viewtechfinancialservices.com.

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