Finance Options & Lender Requirements

Credit Requirements

Leases & PPAS

• 650+ Credit Score

• DTI: None

• Cannot have a foreclosure within the last 4 years

• Property Value: minimum of $100K

• Occupancy: Owner Occupied and Second/Vacation Homes

• One applicant MUST be on the title

• ACH required for Monthly Payments

Loans

• 600 minimum Credit Score

• No DTI Requirement for 700+ Credit Scores

• 600-649: Up to $45,000

• 650-669: Up to $50,000

• 670-699: Up to $75,000

• 700-739: Up to $100,000

• 740+: Up to $135,000

• First Payment is due 90 Days after Installation 

• Solar Only PPW Cap is $6.50/watt

• Can do up to 35% of the loan as non-solar upgrades for efficiency.  All adders need to be listed in the Notes/Upgrades section of the installation agreement.

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TPO Product Availability by State

• Term: 25 Years

• Minimum System Size: 3 KW

• Maximum System Size: 25 KW

• Allowed Adders: Electrical, Minor Roof Upgrades, Tree Trimming, Trenching, and Equipment Related

California

(Solar Only is NOT available with PG&E, SCE, or SDG&E)

• Solar Only Lease

• Solar Only PPA-Balanced Billing

• Solar + Backup Battery Lease

• Solar + Backup Battery PPA-Balanced Billing

• Solar + EnergyShift Battery PPA-Balanced Billing

Texas

• Solar Only Lease

• Solar Only PPA-Balanced Billing

• Solar + Backup Battery Lease

• Solar + Backup Battery PPA-Balanced Billing

Colorado

• Solar Only Lease

• Solar Only PPA-Balanced Billing

• Solar + Backup Battery Lease

• Solar + Backup Battery PPA-Balanced Billing

Connecticut

• Solar Only Lease

• Solar Only PPA-Balanced Billing

• Solar + Backup Battery Lease

• Solar + Backup Battery PPA-Balanced Billing

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Approved Property types

• Residential

• Single-Family

• Townhomes: Must own the entire roof

• Condo: Must own the entire roof

• Multifamily(No more than 4 Units)

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Conditionally Approved Property Types

• Manufactured Homes(Acceptable):
  -Improvement value must be $50,000 or greater. Market Value must be $100,000 or greater.
  -Must be on a solid, permanent foundation. This includes brick perimeter, concrete slab, pier & beam, or pier & post.
  -Double-wides or triple-wides are acceptable.

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Disqualified Property Types

• Mobile Home. Properties located in a mobile home park complex are NOT approved.

• Manufactured Homes(Unacceptable):
  -Single-wides are NOT acceptable.
  -Disqualified foundations include anchor and strap foundations, metal strappings connected to the ground.

• Rental Properties

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Utility Bill Requirements

A clear photo or PDF of a recent Utility Bill(within 90 Days) that includes:
1. Name and service address that match Origin name and property address. 

2. Utility account number and bill dated within the last year. 

3. At least one month of usage reflected on the bill.

4. Bill has not been altered.

5. Usage graph or information from the past twelve months (if available)
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Add-On or Second Systems

• Goodleap TPO(PPAs & Leases): NOT approved for Second/Add-On Systems

• Loan Products: Add-On and Second Systems are okay.

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Identity Check Overview

All customers will need to verify their identity before signing their loan agreement. 

• A Link will be sent via text message to the customer when documents are requested.

• Requires a picture of the front & back of their ID and a selfie.

• Documents can typically be signed immediately following the ID verification in one continuous experience.

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Project Verification Survey(Digital Welcome call) Overview

• A link will be sent via email to the customer after their agreement is signed.

• Digital project verification survey consisting of 15-16 questions that should take between 3 and 5 minutes to complete. 

• Customers must answer all questions correctly.

• If the customer doesn’t answer questions correctly, they are emailed information about which questions they answered incorrectly via email and they will have the opportunity to retry the entire verification. 

• For customers that are 65 years of age and older, Goodleap will continue to conduct manual project verification via phone calls ONLY.

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• 650 Fico for PPA (620 for Loans)

• Soft Credit Inquiries always

• Credit Expires after 60 days

• Joint Applicants: EverBright allows for two distinct individuals (applicant and co-applicant) to be on the agreement. Both individuals must be named on the title for the home and at least one individual must meet the credit requirements.

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Acceptable Property Types:

• Single-Family Homes.

• Duplexes & Triplexes.

-Side by Side; can be a single owner on title or multiple owners on multiple titles.

-Stacked Construction; must be a single owner for the entire structure.

• Condos/Townhomes- accepted with conditions; must have all necessary permissions for installing solar.

• Agricultural properties; accepted if a single-family home resides on the property with a residential utility meter.

• Second Properties.

• Ground Mounts are allowed.

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Disqualified Property Types

• Modular/Manufactured/Mobile homes- even if on a permanent foundation.

• Rental Property/Investment Property.

• Non-Profit owned home.

• Cooperative housing unit(Co-Op).

• Commercial Property.

• Property must not require an environmental study or approval.

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Roof Types & Conditions

• Customers are financially responsible for the cost of removing and reinstalling their system if and when they need to repair or replace their roof during the contract period. The customer should be made aware of the current condition of their roof and expected number of years left in their roof. This will help inform the financial decision of whether they would like to re-roof now or in the future.

• If a roof is reported to be within 10 years of the end of its useful life, based on customer provided information regarding last reroof date and roofing material warranty, a re-roof should be pursued

• If the roof appears to have less than 10 years of useful life but the customer wants to move forward without a reroof, an EverBright roof waiver is required.

Disqualified Roof Types

• Wood Shake

• Cal Shake

• Slate Tile

• Metal Shingle

• Copper

• More than 2 layers of composition shingles

• Tar & Gravel
  
  

Any home with faulty or defective roofing products. These can include, but are not limited to, Cemwood, certain Monier Tiles, Caland Hardy shake, and others that have had class-action lawsuits brought against them regarding asbestos and other issue

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Second System Eligibility Requirements

• Each solar system must have its own revenue grade meter and separate monitoring.

• Cell Connection required.

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Title Requirements

• Ownership by Individuals:
  -signer must be on title and exact name on title as what is signed

-The exact name(s) from the title must be on the homeowner agreement and must be executor(s) of the agreement

• Ownership by Trust:
  -at least one trustee must reside in the property and sign the agreement with the exact name as listed. -Trust documents are required showing the full name of the trust, all trustees, the date of formation of the trust and the signature page.

• Ownership by LLC, S Corp or C Corp:

- a director or officer must reside in the property and be an executor of the agreement.

-One or more applicants must pass credit.

-Business formation documents showing all officers and directors of the entity, and signature page.

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Utility Bill Requirements

At least one full copy (all pages) of the homeowner’s recent utility bill must be uploaded. 

Note: Data from these bills must match what was entered in the Usage phase

• The billing period must be within 2 months of contract signing. 

• The bill must not show a past due payment amount. 

•  If the utility provides numeric annual usage on each bill, only one bill is needed; otherwise, two or three recent bills from the last three months are required to gather usage data for at least three months.

The uploaded utility bill must clearly display:

-Homeowner’s name 

-Property address 

-Utility company name

-Utility account number

-Utility (kWh) rate

-Meter number

-Payment amount due

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Welcome Checklist

After signing an EverBright agreement, the homeowner will be sent an email to register for MyEverBright and complete the Digital Welcome Checklist located within the portal. 

• After the homeowner logs in to MyEverBright, the page will display a status bar with a message, a blue “Complete Checklist” button, and a link to download a copy of the homeowner’s agreement. 

• Clicking the “Complete Checklist” button will open a pop-up modal containing a list of statements. The homeowner must select Yes or No for each statement.

• If the DWC fails, a copy of the failed answers will be uploaded to the task. EverBright’s support team will contact the homeowner to clarify their understanding of the agreement and complete a Welcome Call over the phone.

• The homeowner can also reach out to our Homeowner Support: (877)-425-5201

Hours of Operations:
-Mon - Fri: 6:00 am - 8:00 pm PST
-Saturday from 8:00 am - 5:00 pm PST
-Sunday CLOSED

• Max Loan up to $150,000 depending on credit. 

• Borrowers must have at least a 600 FICO score 

• Customers with a FICO score of 600-699 will be approved for up to $70,000

• Customers with a FICO score of 700+ will be approved for up to $100,000 

• Maximum approvals up to $150,000

• Soft check on full approval that becomes a hard inquiry at installation of panels.

• $7/watt PPW cap for Solar Only

• $10/watt PPW cap for Solar + Roof

• $11/watt PPW for Solar + Battery

• $12.50/watt PPW cap for Solar + Roof + Battery 

• A customer's approved credit application is valid for 180 days after credit is run. 

• Loan Payments start 90 Days after install. 

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Co-Applicants

• At least one applicant must be on title for the property.

• Both applicants need to meet the minimum FICO requirement.

-If one titleholder credit fails, try using the "pre-qualification tool" to see if any other titleholders may qualify.

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Sunlight Financial Elderly Protection Policy

To make sure elderly consumers are on board with the loan terms we have put the following policy into place:

• Sunlight will complete a courtesy call with consumers who are over age 80 before providing Notice to Proceed.

• Sunlight will make a courtesy call with customers who are 70-79 years old after providing Notice to Proceed.

• During the call Sunlight will review the key terms of the loan including the 18 month re-amortization and the fact that the federal tax credit requires sufficient tax liability.

• The customer can call Sunlight’s support line at (888) 850-3359 to complete the courtesy call.  Please be sure that the individual who calls the support line is the person whose name is on the loan agreement.

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Approved Property Types

• Primary or Secondary homes (Owner-occupied) 

• Vacation homes

• Single-family residences

• Multi-family residences (duplexes, triplexes, 1 – 4 units), borrower must be a resident

• Town homes, row homes

• Modular homes

• Trusts: Revocable or irrevocable is accepted. Borrower must be a trustee. We may request proof of name on trust.

• Ground mounts

• Farms / agricultural land, if borrower is a resident and the utility rate code is residential

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Conditionally Approved Property Types

• Condominiums
  - Must own and maintain the roof
  - Validate ownership with condo HOA 

• Mobile or manufactured homes
  -Must provide HUD documentation evidencing home is anchored to real property

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Disqualified Property Types

• Condominiums*

• Mobile/manufactured/prefabricated homes**

• Investment properties

• Multi-family homes with 5+ units

• Commercial properties

• Limited Liability Corporation (LLC)

• Life Estates

These are two exceptions that will be looked at on a case by case basis:

*Condominiums - If your customer's credit is approved they will receive a stipulation email to provide additional documentation before Sunlight can grant them Notice to Proceed. If the homeowner can provide documentation (Covenant's, Conditions, & Restrictions - CC&R) showing that the homeowner has ownership over the roof, then please instruct them to upload this document using the secure upload button in the email from Sunlight.

**Mobile, manufactured and prefabricated homes - If your customer's credit is approved they will receive a stipulation email to provide additional documentation before Sunlight can grant them Notice to Proceed. These property types (Mobile, manufactured and prefabricated homes) are considered to not have a permanent foundation (Cinder blocks and cement blocks would not be accepted as a permanent foundation). If that is not the case, then please have your customer upload a photo(s) of the foundation using the secure upload button in the email from Sunlight.

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Title/Ownership Stipulation

Acceptable documents: 

• Grant Deed, Warranty Deed, Special Warranty Deed, Quit Claim Deed, Transfer Deed, Gift Deed, Bargain & Sale Deed

• Deed of trust (must be dated within 60 days of credit application)

• Unrecorded deed and all pages of a fully executed and signed closing disclosure (only for new home purchases within last 60 days of credit application)

* The deed MUST have the county recording stamp affixed to be official and confirm ownership.*

• An official county letter that confirms the customer is on title of the property as well as the full legal property address

• Mortgage Statement
  -Must be dated within 60 days of credit application, reflect at least one borrower and the installation address, and the mortgage cannot show as delinquent.
  -Mortgage statements may require additional documentation based on the property information available in county property records.   

Unacceptable Documents

• Closing or mortgage documents that are older than 60 days 

• Life estate

• Any of the deeds listed above without a recording stamp
  -A deed without the recording stamp means that it has not been recorded with the county. 

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Solar vs Non Solar Add-Ons

Solar add-ons: Items that are required for the solar installation can be included in the loan amount. Your company will decide which items are required for the solar installation and may include items in the list below. Full re-roofs can be financed through Sunlight's Home Improvement loans.

Examples of add-on items that may be required in certain circumstances are:

• Roof work required to support solar installation (e.g., support beams, shingle work, etc.)

• Tree trimming

• Electrical panel upgrade

• Trench digging 

• Home integration kits 

• Battery

Non-Solar add-ons: Up to 15% of the loan amount can be allocated for a specific set of non-solar items: 

• Roof work that is not required to support the solar installation 

• Energy Efficiency packages including insulation, LED lighting and attic fans. 

• Home automation systems including thermostats

• Monitoring hardware and software

• Variable speed pool pump

• Generators

• EV chargers

These items CANNOT be included in the non-solar portion of the loan:

• HVACs

• Disaster repair

• Exterior remodeling, including:

• Pools, spas

• Decks

• Gutters

• Windows, doors and/or shutters

• Siding and/or stucco

• Fencing

• Interior remodeling, including:    

            -Kitchens

            -Bathrooms

            -Basements

            -Flooring

            -Duct work

            -Home additions

            -Electrical and/or plumbing repair

15% Allocation for Non-Solar Add-ons:

You can add non-solar items that are in the list above to the loan. Keep in mind they are prohibited from exceeding 15% of the total loan amount. Please make sure each non-solar add-on is included as a separate line item in the installation agreement.

Credit Requirements

• Credit Score: 660 minimum (soft inquiry, no impact).
  -LightReach checks both Experian and TransUnion scores for approval. Light Reach will base approval off the highest score between both bureaus.

• Credit Validity:  180 days from the initial credit run.
  -Max of 3 active applications per client. Please make sure each account has its own email address. Each site is considered its own project. No repeat email addresses.

• Debt-to-Income (DTI): Not factored.

• Delinquencies: No bankruptcies or late mortgage payments (7-Year Lookback)

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Co-Applicants

Must be a spouse or domestic partner. No exceptions.

Approved Supporting Documents:

• Marriage License

• Copy of both applicant's driver's licenses showing the same address.

• Voided check or bank statement showing both applicants, on the same address.

• Recent mortgage statement showing both applicants, on the same address.

• Recorded deed/title showing both applicants, as a couple, on the same address.

• Recent utility bill showing both applicants, on the same address.

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PPA vs. Lease Overview

PPA (Power Purchase Agreement)

• Pricing: Discounted per kWh rate.

• Ownership: Homeowner is buying power based on the per kWh rate from the solar system 

• Production Guarantee: Guaranteed output for 25 years.

• Forecast: Annual solar production forecasted out for 25 years, included in customer agreement.

• Annual Escalator: Applied to per kWh rate at the start of each year.

Lease

• Pricing: Discounted monthly utility bill.

• Ownership: Homeowner leases the solar system.

• Production Guarantee: Available in most markets.

• Forecast: Annual solar production outlined in the lease agreement.

• Annual Escalator: Applied to the monthly lease, not per kWh rate.

Note: Both PPA and Lease offer savings based on current utility consumption rates. Monthly cost is calculated using per kWh x forecasted production.

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Active Utilities

California

• LADWP (Lease only)

• PG&E

• SDG&E

• SCE

• IID (Lease only)

Colorado

• Xcel Energy

• BHE

• Colorado Springs Utilities

• CORE Electric

• United Power

• Grand Valley Power Cooperative

• DMEA

Connecticut

• Eversource

• United Illuminating

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Roof Conditions/Eligibility & Property Eligibility

Roof Guidelines

Golden Rule: Roof must have at least 10 years of life remaining and meet quality checks below.

Approved Roof Types

• Pitched Roofs: Asphalt Shingle, Metal (Corrugated/Standing Seam), Concrete/Cement Tile, Clay Tile(Comp. Out/Picture Frame required)

• Flat Roofs: EPDM, Modified Bitumen, Rolled Asphalt/Composition.

Disqualified Roof Types

• Wood Shake

• Tin Metal

• Tar/Gravel

• Slate Tile

Roof Quality Criteria

• No obvious damage, wear, or rust.

• No missing coverage (e.g., shingles, tabs, exposed fiberglass, etc.).

• Decking must be uncompromised and free of water penetration.

• Flat roofs should show no water retention or pooling.

• Underlayment paper for tile roofs should not be brittle, torn, or missing.

• Roofing material should be installed directly to decking, and not installed over another roof type. Shingles should be no more than 2 layers.

Eligible Property Types

Approved

• Residential, Single-family homes

• Detached Garages/ADUs

• Multi-family homes (owned entirely)

• Golf course homes (excludes damage from golf balls & does not qualify for no cost panel replacement or production guarantee)

• Ground mounts (customer must own the entire property & cannot be manufactured/mobile)
  
  

Disqualified

• Manufactured/mobile homes

• Townhomes

• Condos

• Pergolas, Carports, Custom structures

• Commercial/Agricultural properties

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Existing Systems vs. Add-Ons

• Second Systems: New, separate systems are acceptable if approved by the utility, with a separate inverter, monitoring, and contract.
  Only allowed outside California and must not affect the existing system’s NEM or value proposition.

• Add-Ons: Additional panels tied to the same inverter are not allowed. Add-ons are not accepted and will not be funded.

California: Second systems are NOT permitted for any contracts dated after 2/2/2024.

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Sales Rep ReCheck Verification

• All sales reps must verify at recheck.co/signup

• Sales rep will be sent an email automatically at point of sale, prompting them to login to ReCheck.

• Login is required only once - ReCheck verification is saved for all future sales thereafter.

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Administrative Stipulations

This stipulation is applied when higher-risk factors are identified on the customer's account, including but not limited to age. All customers over the age of 65 are eligible to be stipulated. The stipulation can only be deployed after the initial sale, typically the next business day after a contract has been signed.

• typically applied the next business day after a contract has been signed.

• How Customers Clear the Stipulation: (takes 1/2 minutes)

-Sign in to their home.palmetto.com account

-Open the Key Contract Details Review task

-Review the information, check the boxes, "sign" & submit.

-Upon completion, the stipulation will automatically clear

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LightReach Account Setup

• Homeowners will complete the stipulation clearing process via their account (accessible via web browser or via app download).

• Email Subject Line: "Welcome to Palmetto Solar! Let's activate your solar account." -Or- SMS Link invite.

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Setting up ACH

• For homeowners without a major bank/instant linking, manual input of bank info + a voided check is required. 

• Information input is secure, and voided checks are deleted after validation for security. 

• Homeowners will manually key in their bank account information and snap a voided check photo.

• Cash, checks or Credit Card payments are NOT supported. ACH is the only payment option at this time

First payment typically is due 30 days after the system is issued PTO. Customers generally receive their first bill/invoice approximately 15 days after granted PTO.

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Customer Agreement Confirmation

A simple, non-invasive order summary. Homeowners 'checks' key details of their Energy Plan and 'signs off' on their order details. This feature helps recap key order details and reinforces the sale. Completed in a matter of seconds. 

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Identity Verification

Acceptable documents are:

• Driver's license or other state issued ID card

• Passport or passport card

• Resident permit ID or green card

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Proof of Ownership

The homeowner uploads a document affirming that they own the home. The document must show full name and address. Acceptable documents:

• Original deed or deed of trust

• Most recent tax property bill

• Mortgage statement less than 60 days old

For Properties owned in a Trust/LLC: 

• Applicant must be a trustee/controlling member/owner. 

• Trust documents (or other official documentation) must be submitted confirming trustee/controlling member status

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End of Term & Options

• LightReach will remove the system at no cost

• Purchase the system at fair market value (appraised at end of 25 year term)

• Extend the contract at a new rate (offered at end of 25 year term) 

Homeowners will need to respond to the renewal notice with their options at the end of the term. LightReach reserves the option to transfer ownership of the system to the homeowner as is if the homeowner has not opted into option 1/2/3 after 90 days

Pre-Pay Options

• Upon the 5th anniversary of the interconnection date or anytime after the 5th anniversary of the interconnection date (IE Year 6) with 60 day notice
  Ideal for homeowners who prefer to eliminate monthly payments, but still want to maintain the extended protect coverage for the full term

• Prepay total plan cost with a 5% discount. (typically outlined on Exhibit F of contract)

Transfer Options

• Transfer to a new homeowner: New homeowner qualifies for Energy Plan financing, and signs transfer agreement to take over the Energy Plan 

• Transferring/relocating the system(with conditions):

             -New home within same utility district

-Subject to utility, AHJ, HOA approvals

-Homeowner pays all additional costs of relocation, redesign, reapproval submissions, etc

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Warranty & Service Options

Protect Package Warranty (Included in Lease/PPA)

LightReach owns the system, and covers all warranties and maintenance. This means no cost to the homeowner to service the solar system over the life of the agreement.

• 25-year extended warranties on all hardware, 24/7 production & consumption monitoring, and pre-emptive maintenance, at no cost to the homeowner. Remote troubleshooting, service alerts, and dedicated support

• Production Guarantee: 25 years, 90% production.

• 10 Year Workmanship + Roof penetration warranty
  
  

Force Majeure:
Force majeure events are defined in the contract, and include scenarios such as extreme weather events or extreme geo-political events.
In the event of a catastrophic event, or force majeure, LightReach will replace the panels at no cost to the homeowner. LightReach assumes the risk associated with force majeure events. However, production guarantee during any down period of a force majeure event is not included. Additionally, we do not guarantee replacement/fix times due to a force majeure event.

Example: A panel is damaged by hail. LightReach will replace that panel at no cost to the homeowner, however, production guarantee does not apply to that down time.

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Customer Support

• Phone: (855) 339-1831

• Email: help@palmetto.com

• Online Form Submission: www.palmetto.com

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Service Work Requests

• Phone: (855) 339-1831

• Email: help@palmetto.com

• Online: https://palmetto.com/request-service/contact-us 

Non-Emergency Work: Typically takes 48-72 hours for processing.

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Spanish & English Contracts

• Available in Spanish in CA.

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Light Reach Change Orders

Since Light Reach doesn’t have the option to include adders, if an adder is needed the Sales Representative can either-

1.  Have the adders needed deducted from their commission at the pricing/Base PPW they selected at signing.

2.  Increase the Base PPW, generate a new quote, and send out new PPA docs to resign with the customer to account for the additional cost.

Homeowner Support

Mon-Fri- 8am-5pm PST

Sat-Sun-7am-4pm PST

Phone Number: 833-586-3677

Email for Loan Customers: loaninquiries@enfin.com 

Email for TPO customers: contractinquiries@enfin.com 

Welcome Calls

Mon-Fri- 5am-9pm PST

Sat-Sun- 7am-4pm PST

Phone Number: 833-586-3677, Option 1

Purpose:

-Identity Verification

-Explain Loan scheduled & Terms

-Explain Next Steps

Timing:

This occurs before the loan is funded.

Options:

1. Recommended: Installer/Representative calls EnFin’s Welcome Call Confirmation number(833-979-6288) with the primary borrower within two hours of loan agreement being signed.

2. EnFin makes up to three attempts to reach the primary borrower within 3 business days after the loan agreement has been signed. The installer(Action/Rep) should advise the customer to expect a call from EnFin.

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Credit Eligibility Requirements & Reminders

• Minimum Credit Score: 620+

• Income Documentation: Required for credit scores 700 or lower

• Debt-to-Income (DTI): No DTI required

• EnFin Credit Check:

  • Past bankruptcies

  • Past due utility bills or bills in the last 2 years

• Soft Pull:
  Submitting a credit application is a soft pull but serves as consent for a hard credit pull later in the process (M2).

• Existing System Eligibility:
  Customers with existing solar systems can participate, but the new system must be separate from the current one.

• Credit Decline Disclosure: EnFin cannot disclose the reason for a credit decline to installers.
  Homeowners will receive an adverse action notice and can contact EnFin directly for more details.

• Expiration of Credit Approval:
  Credit approval expires if the final disbursement doesn’t occur within 180 days of the credit pull date. However, EnFin reserves the right to cancel within 90 days.

• No Signed Loan Agreement:
  If no loan agreement is signed, the credit application expires within 30 days.

• Co-Applicants:
  Co-applicants are equally responsible for any loan default, and their credit will be affected accordingly.

• Contract Language:
  EnFin’s contract is only available in English, and installers must conduct sales and communicate in English only (no translators allowed).

• Minimum Age:
  The applicant must be at least 18 years old.

• Incorrect Entries:
  If there is an error, a new application must be submitted.
  You may cancel up to 3 applications per homeowner. After that, contact EnFin Support for assistance.

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Identity Verification
The applicant and co-applicant identities must be verified prior to the submission of a loan application.  Acceptable Documents include:

• US/State ID

• US Passports

• US Greencard or Permanent Resident Card

Proof of Income Verification
Acceptable documents include:

• Pay stubs from the last 30 days

• Most recent W-2 and 1099 tax documents

• Most recent tax return

• Most recent social security/pension statement
  
  

Proof of Ownership/Title Verification
Before submitting a loan application, verify that the homeowner is listed on the title or deed of the property and on the manufactured home title (if applicable).

Acceptable documents include:

• Warranty deed

• Property tax bill

• Title Insurance

• Escrow Documents or Mortgage Statement

• Declaration of Trust

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Eligible Property Types

• Permanent Affixation:
  The residence must be permanently affixed to the ground.

• Rental Properties:
  Rental properties are eligible if the borrower is listed on the property title.

• Multi-Unit Dwellings (Townhomes, Condos):

  • Customers must own the roof.

  • HOA approval is required (if applicable).

  • Units must be metered separately.

• Mobile/Manufactured Homes:

  • Must be permanently affixed to the ground.

  • Borrowers must be listed on the property’s title.

  • Borrower must be the current owner of the land the home is affixed to.

  • Cannot be located within a Mobile Home Park/Community.

Disqualified Property Types

• Business Accounts:
  No business accounts (e.g., LLC, S-Corp, C-Corp, State Agency) are allowed.

• Indian Reservation Land:
  Properties located on Indian Reservation Land are not eligible.

• 5+ Unit Properties:
  Properties with 5 or more units are not eligible.

• Investment Properties:
  Investment properties are not eligible.

• Non-Permanent Foundations:
  Any structure not on a permanent foundation is not eligible.

 Disqualified Roof Types

• Wood Shake 

• Cal Shake 

• Slate Tile 

• Metal Shingle 

• Copper 

• More than 2 layers of composition shingles 

• Any home with faulty or defective roofing products. 

These can include, but are not limited to, Cemwood, certain Monier Tiles, Cal and Hardy shake, and others that have had class-action lawsuits brought against them regarding asbestos and other issues

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TPO Specifications

Terms & Conditions

• Term Length: 25 Years

• ROR (Response Time):

  • 3 Business Days

  • 5 Business Days for customers aged 65+

System Specifications

• Minimum System Size: 3.16 KW

• Maximum System Size:

  • 45 KW

  • Connecticut: Max size 25 KW

• Additional Requirements:

  • No ground mounts allowed

  • Minimum 300 yards from a golf course

  • Savings required in Year 1

  • Parts of California will offer Lease products

Payment Options

ACH Auto Pay(Optional):

• 0.25% APR Discount(Loans)

• $10/monthly Discount(TPO Products)

• Name on checking account & loan agreement must match.

• Remind customers to provide their bank details to qualify for the discounted APR.

Non-ACH Auto Pay:

• No APR Discount

End of Term Options

• Enfin will remove the system at no cost to the customer

• Customer can upgrade to a new system with the latest solar technology under a new contract

• Customers may purchase the system from EnFin for its fair market value.

Post-Install Servicing & Support

• System Monitoring:
  EnFin partners with Omnidian, a third-party vendor, to monitor system performance.

• Issue Resolution:
  If Omnidian detects a problem, they will attempt to resolve it through phone, text, or email. If the issue persists, a technician will be dispatched at no cost to the customer.

• Contacting Omnidian:
  If you need to follow up with Omnidian, call EnFin at 1-866-970-1109 for assistance.

Maintenance & Warranty

• 25-Year Coverage:
  Full maintenance and repair coverage for the entire system, including storage, for 25 years.
  Includes a 25-year production guarantee (90% of estimated output).

• Required Modules:
  Q-Cell Modules are mandatory for all installations.

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Loan Specifications

• Loan Term(s): 10-30 Years

• Minimum Loan Amount: $10,000

• Maximum Approval Amount:  $125,000

• Max loan amount may be lower depending upon applicants FICO score.

• First Payment: Occurs approximately 60 days after system installation

• ROR: 3 Business days. 5 Business days for customers 65 years of age and older.

• Enfin does not allow applications for residences that have existing financed systems. No exceptions can be made for this policy.

In-Scope Add-Ons for Loans

• 100% Allowed

• Solar Power Generation System Equipment:
  -Solar Panels and/or other PV Equipment.
  -Inverters
  -Racking
  -Wiring & balance-of-system equipment.
  -Electrical System Upgrades related to install
  -Re-Roofing
  -Energy Storage Systems(paired to PV)
  -If installing battery-only, must not offer more than a 10 year loan.
  -Pre-Paid 0&M contracts covering solar energy system upkeep.
  -Other services directly related to install, such as trenching, foliage trimming, fencing, etc.
  
  

In-Limited Scope Add-Ons for Loans

• Up to 25% of Total Loan Amount

• Solar Power generation equipment:
  -Insulation
  -Solar Thermal Systems
  -Sealing/replacement of doors and/or windows
  -EV Charging Stations
  -Energy Efficient Appliances
  -Energy Efficient Lighting and Power Strips

NOTE:
Customers should consult their tax advisors regarding ITC Eligibility, particularly with Limited-Scope add-ons as some may not qualify for ITC.

NOTE:

Any items not categorized as “In-Scope” or “Limited-Scope” will not be eligible through EnFin Financing. Any additional questions need to go through our Partner Advisor.

Transferring a Loan

Borrowers may transfer a loan if all of the following conditions have been met:

1. Transfer is due to the home being sold or a new individual being added to the title.

2. Transferee will be on the title of the home

3. New obligor is approved for the loan through EnFin’s Consumer Loan Program Policy

4. New Obligor executes a loan transfer Agreement with EnFin

5. Transferred loan balance equal to the unpaid principal balance of the existing loan, plus any accrued unpaid interest and any unpaid fees associated with the loan.

-No Lien on home

-ICC-1 & County Fixtures Filed. Paid for by EnFin, both are public records.

-EnFin may charge up to $250 for a loan transfer fee.

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PayKeeper facilitates a structured payment schedule tied to verifiable project milestones. The funds are securely held in your name within an FDIC-insured bank account. Payments are released to Action Solar only upon milestone verification, ensuring that funds are disbursed exclusively when specific parts of the project are completed. This process provides transparency and minimizes financial risk for all parties involved.

Payment Milestones

Milestone 1: $3,000 due at signing($1,000 for CA Sales).

Milestone 2: 50% Net Remaining of "Total System Cost" due at Permits Submitted.

Milestone 3: 50% Net Remaining of "Total System Cost" due at Permits Approved.

Payments will be facilitated through:

• ACH transactions

• Credit/Debit Card transaction(Merchant Fee will be charged to the customer)

• Check(The customer will have to mail this to PayKeeper)

1. When submitting a cash deal, please inform Sales Support that the customer will need an invite sent via text or email to set up their PayKeeper Account.

2. The client will receive a text or email with a link to set up their escrow and fund the project.

3. Once the client's funds are verified, we proceed with the installation and subsequent stages.

4. Milestone payments will be processed at key stages. PayKeeper will verify that necessary progress has been made before releasing any payments.

For your additional info here is a link to their Sales Roleplay Video .

For any questions, please reach out to Sales Support.