Description

Lumbee River Electric Membership Corporation (LREMC) offers low interest loans to help residential members increase the energy efficiency of homes. Loans up to $17,000 are available for the purchase and installation of:

• thermal windows and doors
• attic ventilation fans
• water heaters
• foundation vents
• insulation and or mastic sealing of duct work
• heat pumps
• gas packs
• insulation of ceilings, walls, floors, storm doors and windows
• geothermal heat pumps

Loans of $2,000 or less will be secured as signature loan. Loans in excess of $2,000 will be secured by a deed of trust against the home and property. To qualify for a loan, the property on which the improvements are to be made must be titled in the customer’s name and be receiving service from LREMC. The applicant must have a good credit rating as determined by the cooperative, and meet other qualifications. The structure on which the improvements are to be made must be at least five years old.