HEAT Loans | East Cambridge Savings Bank | ECSB.com

HEAT Loans

An East Cambridge Savings Bank Heat Loan is an energy efficiency loan that allows home owners to make improvements that significantly reduce the costs associated with both heating and cooling.


  • 0% APR* | View terms
  • Loans up to $25K
  • Terms up to 7 years


Steps to achieving energy efficiency in your home:

  1. Own a one-to-four family residence.

  2. Obtain a free Mass Save Home Energy Assessment by calling 1.866.527.7283. Visit www.masssave.com for more information.

  3. Install qualified energy efficiency upgrades recommended by a Mass Save energy specialist.



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*The APR is effective as of and applies to 1-4 Family Owner Occupied and Non-Owner Occupied Dwellings. Minimum loan amount for Non-Owner Occupied Dwelling is $5,000.

  • Borrower must have received an "energy efficiency review" from a HEAT energy auditor with a recommendation for improvements and an estimate. If you have not, please apply for an East Cambridge Savings Bank Home Improvement loan.
  • Subject property must be located in Arlington, Belmont, Cambridge, Chelsea, Everett, Lexington, Malden, Medford, Newton, Revere, Saugus, Somerville, Waltham, Watertown and Winchester MA.
  • East Cambridge Savings Bank policy allows for no more than one HEAT loan per customer.
  • Closing must take place at an East Cambridge Savings Bank Banking Center.
  • Loan request must be in the name of a natural person and not a Trust or LLC.
  • Required documentation for HEAT loans: HEAT Intake Form (issued through MassSave); HEAT Authorization Form (issued through MassSave); Pay stubs representing one consecutive month for all applicants; Current Federal Tax returns (all pages, W2s & schedules) if self-employed; Copy of current mortgage statement or bill; Copy of current real estate tax bill; Copy of property deed.
  • Payment example: $25,000 loan amount, 0% Annual Percentage Rate (APR), 84 monthly payments of $297.62.
  • Other restrictions may apply.

    1.866.354.ECSB (3272)
    Routing number: 211370419
    The Banking Connectionsm 24-hour banking service: 1.800.869.3423
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