How long does the approval process take?
Most loans are approved over the phone in minutes with contractor at your house.
What is EnerBank’s credit approval rate?
About 80% of our loan applications are approved.
How long is my credit commitment good for?
Good for 120 days from application date.
What is an unsecured loan?
An unsecured loan means there is no collateral or lien on your house.
Is there a penalty for paying off my loan early?
No, there is no penalty.
What types of home improvements qualify?
Many interior and exterior home improvements qualify.
Your home is not used as collateral, so there’s no lien on your property.
Fixed interest rate locked in for the life of your loan.
Your personal information is given directly to the bank.