Financing Your Furnace

Heating and air conditioning units are something many home owners may need to replace and finance during the lifetime of their home ownership. Your heating system is a valuable asset for your home. Most homeowners can’t afford to purchase a new furnace without saving for one.  But if your furnace breaks in the middle of winter, the time to buy may be immediate. We’ve come up with a list of the top 4 ways Georgia homeowners can finance a new high-efficiency furnace:  

  1. If you have equity in your home, you can apply for a home equity line of credit (HELOC). Leveraging the existing equity in your home for a purchase that adds to the overall value is a sound investment.
  2. Work with the company providing your unit. Many companies use third party financing to help you with the cost of your furnace. Reese Services use a company that offers the lowest interest rates, quickest response time and the best customer service. To find out more information.
  3. Unsecured loans through energy efficient loan government programs for ENERGY STAR-qualified heating, ventilation, and air-conditioning (HVAC) units. The state of Georgia, along with the federal government has created loan programs in conjunction with the utility companies to help homeowners make more energy efficient choices for their homes. 
  4. If you can make the purchase upfront with your own funds, but want to get some of that money back, you can find A LIST OF FEDERAL AND STATE REBATE PROGRAMS in the state of Georgia. From tax credits to grants to rebates, there are many ways to earn back the money have spent on your HVAC.                 

There are so many options out there to finance your new high-efficiency furnace. Federal and local governments have established programs to promote more energy efficient home appliances. You don’t have to go into major debt or pay high interest on a credit card in order to purchase this important part of your home.