Sunlight Financial, a point-of-sale financing firm, has debuted a brand new suite of 30-year mortgage merchandise for residential solar. Available at annual proportion charges of 1.99%, 2.99% and three.99%, Sunlight’s 30-year loans scale back month-to-month funds for residential solar techniques, making solar extra inexpensive and accessible. Hundreds of Sunlight set up companions nationwide now provide Sunlight’s 30-year loans to their prospects.
“Sunlight enables a homeowner to finance a residential solar system in the same way they likely financed their home – with a 30-year loan,” says 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 choices and automatic mortgage processing and funding, making a seamless course of for the sale of residential solar techniques and different home enhancements.