Back to Find Financing Print Preview >

Finance Vendor Details

Santa Cruz Community Credit Union's Solar Power Loans
Lender: Santa Cruz Community Credit Union
Contact Information
Property Types
Program Description
Santa Cruz Community Credit Union's Solar Power Loan provides up to $100,000 of financing to eligible single-family homeowners for solar installations.
Santa Cruz Community Credit Union's Solar Power Loan provides up to $100,000 of financing to eligible single-family homeowners for solar installations.
Santa Cruz Community Credit Union's Solar Power Loan provides up to $100,000 of financing to eligible single-family homeowners for solar installations.
Verified by Lender on: 10/16/2015
The data provided is for informational purposes only. For actual loan terms specific to borrowers, contact the lender directly.
Types of Financing
Unsecured
Secured
Financing & Payment Information
Term (years):
5, 15
Minimum Amount:
$1
Maximum Amount:
$100,000
Fees:
None
Money Down Required:
Yes
Repayment Method:
Off-bill loan (Direct to Lender)
Payment Frequency:
Monthly
Pre-Payment Penalty:
No
Allowable Projects
Funds Renewable Energy projects
Funds other energy projects
Other Program Requirements
Financing Approval Time
Within 24 hours
Equity in Property Needed
No

Financial Products

Lien type Unsecured loan
Re-Payment Method Off-bill loan (Direct to Lender)
Property Types
Automatic payment option available Yes
Requires utility incentive program participation No
Must use Program's pre-approved contractors No
One-time fees (% of total financing)
One-time fees (fixed)
Ongoing fees
Financing Amount $1 - $20,000
Financing Term (yrs.) 5 year(s)
Rate 6%
Money Down Required? No
Credit Enhancement Available No
Transferrable No
Prepayment Penalty or Fee No
Tax Deductibility No
Minimum Credit Score Required
Equity in Property Required No
Debt to Income Ratio Required Yes
Involuntary Property Liens Allowed No
Foreclosures Allowed
Bankruptcies Allowed
Mortgage Lender Consent/ Acknowledgement No
Must be current on property taxes No
Must be current on mortgage No
Loan to value
Debt Service Coverage Ratio No
Financing Approval Time Within 24 hours
Projected Energy Savings/Cash Flow is considered No
Must be current on utility bill No
Lien type Loan with UCC-1 lienLoan with UCC-1 lien
Re-Payment Method Off-bill loan (Direct to Lender)Off-bill loan (Direct to Lender)
Property Types
Automatic payment option available YesYes
Requires utility incentive program participation NoNo
Must use Program's pre-approved contractors NoNo
One-time fees (% of total financing)
One-time fees (fixed)
Ongoing fees
Financing Amount $20,001 - $30,000$30,001 - $100,000
Financing Term (yrs.) 15 year(s)15 year(s)
Rate 6.5 - 8%6.5 - 8%
Money Down Required? NoYes
Credit Enhancement Available NoNo
Transferrable NoNo
Prepayment Penalty or Fee NoNo
Tax Deductibility NoNo
Minimum Credit Score Required
Equity in Property Required NoNo
Debt to Income Ratio Required YesYes
Involuntary Property Liens Allowed NoNo
Foreclosures Allowed
Bankruptcies Allowed
Mortgage Lender Consent/ Acknowledgement NoNo
Must be current on property taxes NoNo
Must be current on mortgage NoNo
Loan to value
Debt Service Coverage Ratio NoNo
Financing Approval Time Within 24 hoursWithin 24 hours
Projected Energy Savings/Cash Flow is considered NoNo
Must be current on utility bill NoNo

Upgrades Covered

No Results

FAQ's

Through our Contractor Marketplace, you can search for contractors and find the right fit for your project. You find out details about the contractor such as what types of certifications they have and where they are located. You can also directly find reviews when available. From there it is easy to connect and get started with your projects. A quality installation of equipment increases the benefits and efficiency of your new equipment.