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Solar Financing Options
Financing with monthly payments is usually the most cost effective way to invest in solar.
In many cases, loan payments can be matched to your existing monthly payments to the utility company, which means if you have a $250/month power bill, perhaps a solar system can be installed for $250/month – or even less. An added bonus: interest on a loan may be tax-deductible, while nothing on your electric bill is!
These lenders have helped our customers or expressed an interest in financing solar:
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Citizens Bank of Northern California
Contact Lori Jayne or Julie at (530) 470-2839 |
Jeannie Tofanelli Home Loans
Contact Jeannie at (530) 346-9713
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Addison Avenue Federal Credit Union
Roseville Branch (877) 233-4766 |
New Resources Bank
Contact Kimia Mizany at (707) 766-7727 x112
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First US Community Credit Union
Danny Pastores (916) 576-5615
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
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Cal-Bay Mortgage
Contact Michelle Hartwell at (888) 606-5005, ext. 142
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Omega Home Loans
Office (530) 272-3454 ext. 139
Tina Skrukrud or Suzette Pool |
First Priority Financial (also for off-grid properties)
Contact Terry Phenicie at (707) 485-0318
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Ballpark loan interest rates as of 1/25/2010
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10-yr |
15-yr |
20-yr |
30-yr |
40-yr |
Fixed Mortgage
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4.75% |
4.875% |
5.125% |
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Fixed Home Equity Loan (2nd)
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7.75% |
7.75% |
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| Fixed Commercial Construction Loan |
6.75% |
7.00% |
7.15% |
7.25% |
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| Fixed Lease (for non-profits) |
7.00% |
7.00% |
7.00% |
7.00% |
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