Financing options for qualifying HVAC projects
Financing options may be available for qualifying HVAC installation and replacement projects. During the estimate process, HVAC & Appliance Repair Guys can review available payment options based on the project scope and current program details.
Financing should be reviewed before approving the project. Availability, terms, promotional options, interest rates, payment amounts, and approval depend on the current program, project scope, and applicant qualification.
Projects financing may help with
Current program categories
Available financing programs can change. The categories below are examples to review during the estimate process, and final terms must be confirmed before approval.
Deferred interest with scheduled monthly payments
| Plan | Program | Min loan | Max loan |
|---|---|---|---|
| 1006 | 6 months deferred interest with minimum monthly payments | $500 | $100,000 |
| 1012 | 12 months deferred interest with minimum monthly payments | $500 | $100,000 |
| 1018 | 18 months deferred interest with minimum monthly payments | $1,000 | $100,000 |
Same-as-cash promotional options
| Plan | Program | Min loan | Max loan |
|---|---|---|---|
| 2003 | 3 months zero interest with no monthly payments – same as cash | $1,000 | $100,000 |
| 2006 | 6 months zero interest with no monthly payments – same as cash | $1,000 | $100,000 |
| 2012 | 12 months zero interest with no monthly payments – same as cash | $1,000 | $100,000 |
Reduced interest loans
| Plan | Interest rate | Term | Payment factor | Min loan | Max loan |
|---|---|---|---|---|---|
| 4212 | 9.99% | 60 months | 2.12% | $1,000 | $100,000 |
| 4012 | 12.99% | 84 months | 1.81% | $1,000 | $100,000 |
| 4132 | 9.99% | 120 months | 1.32% | $3,000 | $100,000 |
| 4119 | 9.99% | 144 months | 1.19% | $3,000 | $100,000 |
| 4107 | 9.99% | 180 months | 1.07% | $3,000 | $100,000 |
FEMA plan category
| Plan | Program | Min loan | Max loan |
|---|---|---|---|
| 4612 | 6 months no interest/no payment and 60 months at 9.99% interest with monthly payments | $500 | $100,000 |
| 4632 | 6 months no interest/no payment and 120 months at 9.99% interest with monthly payments | $3,000 | $100,000 |
Additional option to confirm
An additional option may be available and should be confirmed during the estimate process:
- 12 months no interest/no payments and 120 months at 9.99%
Final availability, plan number, loan amount range, lender/program terms, and required disclosure language must be reviewed before approval.
What affects the project cost
Project cost can depend on equipment type, system size, indoor and outdoor equipment, ductwork condition, installation complexity, access, thermostat or control needs, and code or permit requirements when applicable.
How the financing process works
- Request an installation or replacement estimate.
- Review the home, equipment, and project scope.
- Discuss current payment options.
- Review terms, promotional details, and qualification requirements.
- Confirm approval and final terms before approving the project.
Important financing note
Financing availability, terms, payment amounts, promotional options, interest rates, and approval depend on the current program, project scope, and applicant qualification. Final details must be reviewed before approval.
FAQ
Do you offer financing for HVAC replacement?
Financing options may be available for qualifying HVAC installation and replacement projects. Availability depends on the current program, project scope, and applicant qualification.
Are promotional options guaranteed?
No. Promotional terms, approval, payment amounts, and program availability are not guaranteed and must be reviewed before approval.
Can financing be used for AC installation?
It may be available for qualifying AC installation or replacement projects. The estimate process is the right time to review current options.
Does financing apply to repairs or appliance repair?
Financing is currently presented for qualifying HVAC installation and replacement projects. If additional repair or appliance programs are available, those details should be confirmed during the estimate process.
Can I review final terms before approving the work?
Yes. Final financing details should be reviewed before the project is approved.
Discuss financing with your estimate
Request an HVAC installation or replacement estimate to review project scope and current financing options.
