Green Light Your Home Energy Improvements
Smart-E Loans provide affordable financing to upgrade your home through energy use improvements.
5-12
Year Terms
6.99% F
Annual Percentage Rate (APR)
7.49% F
Annual Percentage Rate (APR)
Smart Green Loan Solutions
Get your green on! We’ve partnered with the Connecticut Green Bank and local businesses to offer long-term, low-interest financing for home energy improvement projects.
| Name | Limit | Term | APR* |
|---|---|---|---|
| Personal Unsecured / Debt Consolidation | $15,000 | 36 Months | 9.99% F |
| $15,000 | 72 Months | 10.99% F | |
| $20,000 | 36 Months | 10.99% F | |
| $20,000 | 72 Months | 11.99% F | |
| $25,000 | 36 Months | 11.99% F | |
| $25,000 | 72 Months | 12.99% F | |
| Savings Secured | $100,000 | 12 - 60 Months | Savings Rate +3% (V) |
| Smart-E Loan - Max APR | 5 Years | 6.99% F | |
| 7 Years | 6.99% F | ||
| 10 Years | 6.99% F | ||
| Smart-E Loan | 12 Years | 7.49% F |
Eligibility Requirements
Eligible Projects
You can use your Smart-E Loan to finance a variety of projects. Here are just a few:
- Insulation
- Central Air Conditioning
- High Efficiency Furnace/Boiler
- Heat Pump Water Heater
- Solar PV System
- Electric Vehicle Charging Station
You can also check out the complete list of eligible improvement projects.
Eligible Properties
- Property must be owner-occupied in Connecticut
- 1 to 4 unit residential building
- Condominiums must be individually metered
Additional requirements may apply. Call 800-761-2400 ext. 2459 to speak with one of our green loan specialists.
Get Started!
1. Find a Contractor
Choose an approved contractor to work with, or have your contractor reach out to the Connecticut Green Bank to get approved. If you’re using multiple contractors, select one to facilitate the process as your general contractor.
2. Select Your Home Improvement Project
Your contractor can help ensure your improvements meet the Connecticut Green Bank's eligibility requirements.
3. Get Preapproved with Mutual Security Credit Union
Apply for a Green Loan with Mutual Security Credit Union before your contractor begins work on the project.
4. Close Your Green Loan
Your contractor will submit the project to the Connecticut Green Bank. Once approved, we’ll reach out to schedule a loan closing.
*APR = Annual Percentage Rate. Additional terms and rates are available. May not be combined with other promotional rates or offers. APR is based on creditworthiness, loan terms and project acceptance by the CT Green Bank Smart-e program. Sample monthly payment per $1,000 borrowed for 60 months at 5.99% is approximately $19,00.
Membership in MSCU is required with a minimum $5 deposit into a Membership Account. Smart-E Loans offer long-term, low interest financing to help Connecticut residents access affordable home energy improvements. Program is available for 1 to 4 family owner occupied dwellings. Please note that the interest rates shown here are available to borrowers with a satisfactory credit history. Subject to other terms and conditions. Other restrictions may apply.