How do I ensure my customers reserve their Cool Comfort Financing loan before the program ends?
In order to be eligible for Cool Comfort Financing, submit loan application documents to Matadors Community Credit Union (MCCU) and receive approval for the loan by 5:00 pm on March 31, 2016. Upon submittal of the loan application documents by 5:00 pm on Thursday, March 31, 2016, MCCU must review and approve the application.
The homeowner must meet MCCU's credit criteria and The Energy Network project criteria in order to be approved for a loan. Once the loan application is approved, MCCU will notify the homeowner that their Cool Comfort loan is reserved.
Why is the program ending?
The permit study associated with funding for Cool Comfort Financing
will end effective March 31
, 2016.
What will happen if the Cool Comfort Financing application and accompanying documents have NOT been submitted by 5:00 pm on March 31, 2016?
There will be no funds reserved for that project and it will not be eligible for the Cool Comfort Financing Program.
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