Financing with monthly payments is usually
the most cost effective way to invest in solar.
In many cases, the monthly payments on a loan can be closely
matched to your
existing monthly payments to PG&E, which means if you already have $250/month
budgeted to pay a PG&E bill, perhaps a solar system can be installed for
$250/month – or even less. One added bonus: the interest on a loan may
be
tax-deductible,
while nothing on your PG&E bill is.
Interest rates as of 2/1/2008
10-yr
15-yr
20-yr
30-yr
40-yr
Fixed
Mortgage
-
5.75%
5.85%
6.00%
6.50%
Fixed
Home Equity Loan (2nd)
7.50%
7.50%
-
-
-
Fixed Commercial Construction Loan
8.00%
8.00%
8.00%
8.00%
8.00%
Fixed Lease (for non-profits)
-
5.00%
-
-
-
The following lenders have either helped
our customers in
the past, or have expressed an interest in financing solar:
Citizens Bank of
Northern California
Contact Mary Jo at (530) 887-7493
Cell (916) 719-9566
Omega Home Loans understands
that solar energy is an asset to your lifestyle as well as
property values. We offer a selection of lenders to meet your
investment needs, including alternative financing and private
funding.
Contact one of our experienced loan officers for over-the-phone pre-qualifying
and to learn more about your lending options, or you may visit our Grass Valley
office at:
1721 East Main Street Ste 3
Grass Valley, CA 95945
located upstairs...between Humpty Dumpty and CitiBank. Lori Jayne
Tina Skrukrud
Suzette Pool
Office: 530-272-3454 ext 139
FAX: 530-273-3608
CELL: 530-559-2616
email: ljayne@omegahomeloans.com
Jeannie Tofanelli Home Loans
Contact Jeannie at 530-346-9713 jt4loans@gv.net
New Resources Bank Contact Kimia Mizany at (707) 766-7727 x112 kimia@solardepot.com
Cal-Bay
Mortgage Solar
Depot, a renewable energy wholesaler located in Sacramento, has partnered with
Cal-Bay
Mortgage to provide financing for investments in solar energy. Cal-Bay
offers over-the-phone applications, same day pre-qualifications, 2 – 4
day loan approvals, free consultations and more. Contact Michelle Hartwell, Loan
Consultant, at 888-606-5005, ext. 142 or mhartwell@cal-bay.com.
First
Priority Financial (also for off-grid properties)
Contact Terry Phenicie at (707) 485-0318 terryp41@comcast.net
