Residential Solar Power Systems

 

How Do Home Solar
Power Systems Work?

 

Solar Rebates &
Tax Credits

 

Solar Power Homes
Appraise Higher

 

Residential Solar
System Finances

 

Applied Solar Energy Solutions offers a number of California residential solar financing programs that are tailored to meet your needs. Our loan programs feature the following options:

Sun West Financing PowerSaver Program:

  • Interest rate 5–7%
  • Fico score 680+
  • Fees - no cost for the energy loan
  • Term is 20 years
  • No prepayment penalties
  • Loan up to 100% value of home
  • Maximum $25,000 loan
  • Has to be primary residence

Secured Financing Program:

  • NO EQUITY REQUIRED. Bank will take a “No Equity” lien on your home as security for the loan.
  • Rates as low as 6.95% depending on FICO and term of loan
  • Repayment term from 5-20 years are available
  • No prepayment penalties

Unsecured Financing Program:

  • Solar purchase and solar lease programs tailored to meet your needs are available
  • Rates as low as 7.99%
  • Variety of repayment terms tailored to meet your budgeting requirements
  • No collateral required
  • Minimal paperwork required
California Residential Solar Panels on Roof

We always recommend considering the use of a home equity line of credit for funding for your solar power system. A home equity line of credit will typically be the lowest cost of funds available for financing your solar array. We can recommend lenders who offer low interest/low cost home equity lines.

If home equity is of concern our unsecured or “no equity required” secured financing are excellent options and are offered at fairly low cost rates. Our staff will work with you to put together a home solar power system financing program tailored to meet your needs. Contact us today to get started!

 
 
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