In recent years, many homeowners have decided on upgrades and renovations not simply because they were needed, but because these smart homeowners knew that upgrading to energy-efficient windows and doors as well as household appliances was a great way to save money as well as earning tax credits and in some cases, cash back. Improving a home’s energy efficiency is also much better on the environment, and in response, the government at the state and federal level have created multiple making programs making it easier to finance such home improvements.
Most of these programs are essentially the same, however, certain restrictions and regulations apply for each. Before researching which type of home remodel financing is right for you, it’s best to check to make sure that your area as well as your specific home type are eligible for each program.