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Finance Product Details

Matadors Solar Loan Program
Lender: Matadors Solar Loan Program
Website: www.matadors.org
Email: solar@matadors.org
Phone: (888) 993-6901
Product Description
Matador's Solar Home Loan provides financing for home owners to install solar panels, solar thermal or solar pool heating equipment on their properties. In addition, 25% of the loan proceeds may be used to finance other items necessary to complete the project or other energy efficient measures. These loans have no fees and terms up to 20 years.
Miscellaneous Information
To access a list of Matadors approved contractors, visit https://matadors.org/loans/solarcontractors.html
See Website Apply Here
Verified by Lender on: 4/17/2016
7/11/2017
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% - 8.99%
Term (years):
8, 12, 15, 20 years
Minimum Amount:
$10,000
Maximum Amount:
$75,000
Fees:
None
Down Pmt. Required:
No
Re-pmt. Method:
Off-bill loan (Direct to Lender)
Pmt Frequency:
Monthly
Pre-pmt Penalty:
No
Allowable Projects
Funds Renewable Energy projects
Funds other energy projects
25% of the loan amount may be used to fund other improvements related to the solar project or other energy efficient measures.
Funds other energy-related projects
25% of the loan amount may be used to fund other improvements related to the solar project or other energy efficient measures.
Other Program Requirements
Contractors
Must be program-approved
Financing Approval Time
Within 24 hours - Preliminary
Equity in Property Needed
No

Other Variations of this product

Matadors Solar Loan Program

Property Types
Sponsor
Financing Type Loan with UCC-1 lien
Term (years) 8,  12,  15,  20 year(s)
Rate (APR) 6.99% - 10.99%
Min. Amount $10,000
Max. Amount $50,000
One-time Fees No
Ongoing Fees No
Description Matador's Solar Home Loan provides financing for home owners to install solar panels, solar thermal or solar pool heating equipment on their properties. In addition, 25% of the loan proceeds may be used to finance other items necessary to complete the project or other energy efficient measures. These loans have no fees and terms up to 20 years.

Other Products By This Lender

Lender: Matadors Community Credit Union

Matadors Solar Loan Program
Website: www.matadors.org
Contact Email: solar@matadors.org
Contact Phone: (888) 993-6901
Residential Energy Efficiency Loan (REEL) Program by Matadors
Website: www.matadors.org
Contact Email: energy@matadors.org
Contact Phone: (818) 993-6328