Yes, it’s a mortgage, and it’s awesome. Fund the installation of your solar panels with a loan secured by your home in order to pay super low interest.
- No payments for 90-days to allow time for construction
- One-time reamortization option to reduce your payment for the remaining life of the loan
- Low, fixed interest rates for terms up to 20 years
- Minimal fees due upon credit approval
- Traditional equity restrictions may not apply advances up to 5% more than your home’s value