Sunlight Financial launches 30-year loans for solar home energy

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Sunlight Financial is launching a suite of 30-year residential solar loan products this week, available at annual percentage rates (APR) of 1.99%, 2.99% and 3.99%.

Sunlight’s 30-year loans reduce monthly payments for residential solar systems, making solar power more accessible to the right customer. Hundreds of Sunlight Installation Partners nationwide can now offer Sunlight 30 Year Loans to their customers.

“Sunlight allows a homeowner to finance a residential solar system the same way they probably financed their home – with a 30-year loan,” said Matt Potere, CEO of Sunlight Financial. “The 30-year mortgage is by far the most popular home loan, which is why Sunlight is thrilled to be the first company to enable installers nationwide to offer 30-year solar loans.”

Sunlight’s digital point-of-sale platform is capable of providing instant credit decisions and automated loan processing and funding to facilitate the process of offering financial options to interested homeowners.

More than 160,000 solar systems have been funded through Sunlight’s proprietary technology platform, Orange, as of December 31, 2021.

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Tags: Sunlight Financial
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