Making your home more energy-efficient doesn’t just improve comfort—it can also lead to long-term savings on your utility bills. But for many Maryland homeowners, the upfront cost of upgrades like new windows, doors, or insulation can feel like a roadblock. That’s where the Maryland BeSMART Home Loan Program comes in.
Created by the Maryland Department of Housing and Community Development (DHCD), this low-interest financing program helps homeowners make energy-efficient improvements now and pay for them over time—with no home equity required.
At Platinum Exteriors, we’re proud to help homeowners take advantage of BeSMART financing to make their homes more efficient, comfortable, and valuable.
What Is the BeSMART Home Loan Program?
The BeSMART Home Loan is designed to make energy-efficient home improvements affordable. Homeowners can borrow up to $30,000 at a 6.99% APR for terms of up to 10 years, with a minimum loan amount of $5,000.
Unlike traditional loans, BeSMART financing is unsecured, meaning you don’t need to use your home as collateral. Approval is based on your credit and ability to repay.
To qualify, you must:
- Be a Maryland homeowner
- Have a credit score of 640 or higher
- Maintain a debt-to-income ratio of 50% or less
It’s a straightforward, state-supported program that allows you to start saving energy—and money—sooner rather than later.
What Can You Finance with BeSMART?
BeSMART covers a wide variety of energy-efficient home improvements, many of which align perfectly with Platinum Exteriors’ specialties.
Eligible upgrades include:
- ENERGY STAR® windows and doors – Eliminate drafts, reduce energy loss, and boost curb appeal.
- Insulation and air sealing – Keep your home comfortable year-round and lower heating and cooling costs.
- Heating, cooling, and hot water systems – Upgrade to more efficient equipment.
- Programmable thermostats, fans, and lighting controls – Manage your energy use smartly.
- Solar and renewable energy systems – Eligible when paired with energy-efficiency measures.
- Health and safety improvements related to your energy project, like ventilation or code compliance (up to 25% of the project cost).
If you’ve been considering replacing your old windows or doors, this program is the perfect opportunity. You can improve your home’s efficiency and comfort now while spreading out the payments with low-interest financing.
How the Application Process Works
Applying for the BeSMART Loan is simple:
- Apply Online: Complete the BeSMART Home Loan application through the DHCD website, or request a paper version by emailing BeSmartHome.dhcd@maryland.gov.
- Get Pre-Approved: Submit your income documentation to confirm your eligibility.
- Submit Project Details: Provide your contractor’s estimate, scope of work, and any ENERGY STAR® specifications.
- Sign and Finalize: Once approved, you’ll sign and notarize your loan documents.
- Start Your Project: The loan funds are released in stages—first to begin work, and again once your project is complete and approved.
Your contractor and DHCD will verify the project completion, ensuring all improvements meet program standards and deliver real energy savings.
Upgrade Smarter with Platinum Exteriors
Your home should be both beautiful and efficient—and now, with Maryland’s BeSMART financing, it can be. Whether you’re upgrading to ENERGY STAR® windows and doors or improving your home’s insulation, Platinum Exteriors can help you plan your project and guide you through the application process.
Call us today at (443) 536-1779 or contact us online, schedule your consultation, and learn how the BeSMART Home Loan can make your energy-efficient upgrades more affordable.
