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The application process is simple and efficient with minimum documentation required* for submission. Terms are easy and payments are low**. Plus, we take care of payment to the contractor for you so you don’t have to! You choose the contractor who will perform the conversion
Southwest Federal Credit Union is glad to participate in a program that not only increases comfort in your home, but also increases its value. We will be glad to advise you on the best loan terms for you. Speak to a loan officer today!
You may also be eligible for rebates from PNM upon completion of the work. Speak to your contractor about possible additional rebates available from manufacturers.
Your cool comfort loan can also include the amount for the costs associated with the replacement of your furnace during your conversion.
You have flexible options
The Cool Comfort Loan can be designed to fit your financial needs. Your Cool Comfort Loan can adapt to different terms. You can repay it quickly, or you can extend the length to the maximum term of 120 months. The choice is yours.
In addition, you can make payments in person or through online banking. We’ll even help you set up periodic payments so you don’t have to worry about remembering a due date or mailing a check.
The Cool Comfort Loan makes it easy to upgrade your home’s cooling system. Let us answer your questions.
*Depending on terms requested
**Certain restrictions apply. Approval based on certain credit criteria. Three-day right of rescission applies to any loan on principal dwelling. See loan officer for details.