Information for Contractors

Contractor Resources | Minnesota Home Improvement Financing

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We partner with the Minnesota Housing Finance Agency to offer loans that help your customers finance home improvements. As a nonprofit lender, we’re able to offer a combination of better rates and lower minimum credit scores than many private lenders.

We finance both energy-related and general home improvements, but lower rates are available for energy projects, including:

  • Furnaces
  • Boilers
  • Insulation
  • Air sealing
  • Qualifying windows
  • Qualifying light fixtures

What Sets Us Apart

  • No referral fees for contractors
  • Credit scores as low as 620
  • Low fixed rates of 4.99-5.99%
  • Forgivable financing for qualifying suburban Ramsey County homeowners
  • No rate increases for lower credit scores
  • Terms up to 20 years
  • Loans up to $50,000

We think our Energy Fix-Up loan will be especially helpful to you and your customers. One of the features that sets this loan apart is the 4.99% fixed interest rate that is available for credit scores as low as 620. If a homeowner’s credit score is 680 or above, they‘re eligible for an unsecured (no collateral required) loan.

One other important aspect to note is that while many cities and counties offer lower interest home improvement/home energy loans, these programs usually have upper income limits. The Energy Fix-Up loan has no upper income limits and is available to homeowners statewide.

Who We Are and What We Do

We're a nonprofit that's been helping Minnesota homeowners with energy efficiency since 1985. We have a variety of service offerings, including home energy audits, free energy advising, efficiency certifications and consultling, and home improvement financing. As a nonprofit lender, our is mission to help community members increase their energy savings, comfort and quality of life.  

Our partners include Xcel Energy, Greater Minnesota Gas, the City of Saint Paul, the Minnesota Housing Finance Agency and Ramsey County.

Marketing Materials

This brochure is available for you to share with your customers.

NEC Financing Brochure for Contractors and Homeowners - view and download as a PDF

To learn more about how our loan program can help you and your customers, call LeAnne Karras at 651-789-5706 ext. 132.