Michigan Saves—a nonprofit organization dedicated to making energy improvements easy and affordable—has teamed up with lenders, contractors, utilities, and real estate professionals to promote affordable financing options for residential properties across the state.

Since market research shows that new home buyers are the most likely to make energy-saving home improvements, the Michigan Saves Home Mortgage Program is ideal for your clients looking to purchase a home, particularly in the current market. The program:

• Helps drive home sales, particularly for distressed properties.
• Provides a convenient way to package energy-saving improvements (furnace, appliances, windows, insulation, etc.) with other renovations of their choice, like a new bath or kitchen—even granite countertops! Improvements are rolled into the home loan as part of the home sale.
• Offers additional benefits for your clients, including lower utility bills.

Home loans are offered through Prospect Mortgage—the nation’s largest independent retail mortgage lender, and leading renovation lender.