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/
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/
Yes, HDM PPA has to be signed before Solar Installation.
$3.75
Batteries
Inverters
EV chargers
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