30-year residential solar loans now obtainable via Sunlight Financial – Solar Energy World

Sunlight Financial introduced a brand new suite of 30-year mortgage merchandise for residential solar. Available at Annual Percentage Rates (APRs) of 1.99%, 2.99%, and three.99%, Sunlight’s 30-year loans scale back month-to-month funds for residential solar methods, making solar extra inexpensive and accessible. Hundreds of Sunlight set up companions nationwide now supply Sunlight’s 30-year loans to their clients.

“Sunlight enables a homeowner to finance a residential solar system in the same way they likely financed their home — with a 30-year loan,” stated Matt Potere, CEO of Sunlight Financial. “The 30-year mortgage is by far the most popular home loan, which is why Sunlight is excited to be the first company to enable installers nationwide to offer 30-year solar loans. Our latest product enhancement will reduce monthly payments, facilitating homeowners’ transition to clean and affordable renewable energy.”

Sunlight’s digital, end-to-end point-of-sale platform delivers immediate credit score selections and automatic mortgage processing and funding, making a seamless course of for the sale of residential solar methods and different home enhancements. Through considerate threat administration, Sunlight has delivered excellent mortgage efficiency and industry-leading credit score high quality to its various set of capital suppliers. The greater than 160,000 solar methods financed via Sunlight’s proprietary expertise platform, Orange, as of December 31, 2021, will produce sufficient solar energy to keep away from the emission of almost 28 million metric tons of carbon dioxide into the environment.

Prospective set up companions can be taught extra and apply to companion with Sunlight at https://sunlightfinancial.com/enroll/.

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