Power Pro Solutions - Climate First / OneEthos

Dema D. Headley Samantha Gonzalez

SVP, Director of Digital Banking Business Operations Manager

Email: dema.headley@climatefirstbank.com Email: samantha@oneethos.com

Portal: https://installers.climatefirstbank.com/

HDM

Yes, HDM PPA has to be signed before Solar Installation.

ITIN number NOT allowed, only social security number

Max PPW Solar Only

$3.75

Allowed Adders

Batteries
Inverters
EV chargers

Add-ons

Yes, Add-on systems are allowed ONLY if the customer's current system is paid off, if they have a loan on the current system we would not be able to since we file a UCC-1 on the solar equipment

Residential Solar Loans

As of 08/01/2024, interest rate is 7.50% with Autopay, 7.75% without Autopay
30 Year Term
Minimum loan amount: $10,000.00
Maximum loan amount: No maximum loan amount. If the loan is $125,000.00 or more, it will require full underwriting.
Client can keep the ITC credit.
Loan Origination Fee of $1,125.00, Paid by the customer and rolled into the loan to be financed over the 30-year term.
In FL, Plus Doc Stamps ($0.35 per $100 Financed.)
No payments for the first 6 months.

Commercial Solar Loans

25-Year Ter
As of 06/24/2024, Rate fixed at 8.99%
Minimum loan amount: $25,000.00
Maximum loan amount: $16,000,000.00
Loan Origination Fee of 1.5%, Paid by the borrower.

Community Solar Loans

Loan amounts up to $16,000,000.00.
Preference for projects benefiting LMI residents and small businesses.
Construction and perm financing available.

Residential Solar Underwriting Criteria

•Min Fico: 680 • Debt-to-income ratio: 50% • Income Verification

What will we finance?

We will finance: We will not finance:

• A re-roof • Water Heaters

• Batteries • Pool Pumps

• Tree trimmings or Tree Removals • Generators

• Ground mounts • HVAC

• Pergolas • Tesla Solar Roofs

• Carports • Home Improvement Items

• Critter Guards • Ex: windows, doors, attic fans, gutters, or full structural upgrades.

Service Areas

• Texas

• New Mexico