A heating, ventilation, and air conditioning system is an essential part of keeping your home comfortable. The average units lasts anywhere from 15 to 25 years. Many people don’t have the thousands or tens of thousands handy to buy for a new system. You may apply for credit or a loan to help you meet the significant financial commitment. Below, we will show you a few methods for doing so.

1. Go With an Expert

Did you know there are businesses that specialize in Turlock HVAC financing and for many other areas? They are familiar with the expense that comes with a new HVAC system and how best to manage it. For example, we highly recommend Enerbank. They allow you to apply online with a quick, easy, and confidential application. It does not affect your credit score. You will need a contractor to help you with following items to complete the application:

1. Program phone number.
2. Contractor ID (we can provide you with ours if interested).
3. Loan code.
4. Loan amount.

Be sure to get an HVAC financing provider who is FDIC regulated and can authorize loans in your state. Be sure to take into consideration whether you need a loan for your primary residence, rental property, or vacation home.

2. Check for Energy Credits and Rebates

The good news is many local, state, and even federal agencies may offer credits or rebates at any given time. They often require you to purchase an HVAC unit with a certain energy efficient rating. We also recommend doing so as the unit will perform more efficiently. As a result, your power bills are lower. These units also tend to last longer.

3. Check With Your HVAC Brand

As a result for the growing demand for HVAC financing, many manufacturers have come up with their own programs. For example, Bryant is a leading manufacturer of many HVAC units from air conditioners to heat pumps and many others. They also offer the Bryant Retail Financing Program. They work with Wells Fargo to give their buyers flexible financing options. A few benefits include convenient monthly payments, online account management, and flexible terms.

4. Other Options

There are other options for HVAC financing, but we don’t often recommend many of them. For example, a home equity line of credit may be available, but the terms can be unfavorable. The same goes for taking out a second mortgage. We don’t recommend putting an HVAC system on a credit card if you can’t pay off the balance in time, as they tend to have higher interest rates. Check with your bank if none of the above options work for you to see if they can get you a better rate.

Turlock HVAC Financing

Contact us if you live in Turlock or the surrounding areas and are interested in purchasing a new system, as well as the financing that goes with it. Air Kustoms Inc is a locally owned company that can help you select, install, and get financing for your HVAC unit as needed. Feel free to contact us to learn more about how we can help keep your home comfortable.