VA Energy Efficient Improvements Checklist
Below is a list of acceptable VA energy efficient improvements that you can have installed. You can roll the cost of the improvements into your new loan up to a maximum amount of $6000.
VA acceptable
energy efficiency improvements are:
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Solar heating systems, including
solar systems for heating water for domestic use |
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Solar heating and cooling systems |
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Caulking and weather-stripping |
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Furnace efficiency modifications
limited to replacement burners, boilers, or furnaces designed to
reduce the firing rate or to achieve a reduction in the amount of fuel
consumed as a result of increased combustion efficiency, devices for
modifying flue openings which will increase the efficiency of the
heating system, and electrical or mechanical furnace ignition systems
which replace standing gas pilot lights. |
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Clock thermostats |
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New or additional ceiling, attic,
wall and floor insulation |
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Water heater insulation |
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Storm windows and/or doors,
including thermal windows and/or doors |
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Heat pumps |
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Vapor barriers |
You can increase your loan amount up
to $6000 for energy efficiency improvements. You will need to provide
the following additional documentation to have the cost of these
improvements rolled into your loan amount:
If Improvements Total $0—$3000
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A copy of a contractor bid or quote itemizing the improvements and the cost. The quote must list the model number or name of the items to be installed and the bid must be signed and dated by both the contractor and the borrowers.
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A manufacturer brochure or flyer for each of the item(s) you are installing. The brochure or flyer must state the item’s model number or name. The model number/name must match up with the model number/name listed on your bid/quote.
If Improvements Total $3000—$6000
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A copy of a contractor bid or quote itemizing the improvements and the cost. The quote must list the model number or name of the items to be installed and the bid must be signed and dated by both the contractor and the borrowers.
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A manufacturer brochure or flyer for each of the item(s) you are installing. The brochure or flyer must state the item’s model number or name. The model number/name must match up with the model number/name listed on your bid/quote.
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An energy audit performed by your utility company or other 3rd party. The energy audit needs to show what your current monthly average utility cost are for the last year.
Upon closing the funds added to your loan amount for the energy efficient improvements will be held in an escrow account until your improvements are completed. Once you notify us that the improvements are completed an inspection is done to verify completion and the funds will then be released.
