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Finance Product Details

SMUD's Residential Secured Loan (Windows or Solar Domestic Hot Water)
Lender: SMUD's Residential Secured Loan (Windows or Solar Domestic Hot Water)
Product Description
SMUD offers secured loans for qualified SMUD ratepayers who install energy efficient windows and/or a solar domestic hot water heater in their home. Products must meet SMUD's minimum efficiency standards to be eligible for financing.
Miscellaneous Information
To access a list of SMUD's participating contractors, visit https://www.smud.org/en/residential/save-energy/rebates-incentives-financing/financing.htm.
Verified by Lender on: 8/5/2015 0
The data provided is for informational purposes only. For actual loan terms specific to borrowers, contact the lender directly.
Property Types
Sponsor:
Financing Type
Secured
Financing & Payment Information
Rate (APR):
5.99% - 7.99%
Term (years):
10 years
Minimum Amount:
$1
Maximum Amount:
$30,000
Fees:
One-time fees
Down Pmt. Required:
No
Re-pmt. Method:
Off-bill loan (Direct to Lender)
Pmt Frequency:
Monthly
Pre-pmt Penalty:
No
Allowable Projects
Funds Energy Efficiency projects
Funds Water Efficiency projects
Funds other energy projects
Water efficiency measures and solar domestic hot water heaters may be financed.
Other Program Requirements
Contractors
Must be program-approved
Financing Approval Time
Within 24 hours
Equity in Property Needed
No