Solar and battery loan
Personal financing for solar panels and solar batteries for people eligible for MyPoint Credit Union membership through a San Diego or Riverside County connection or immediate family.
Questa opportunità è attualmente disponibile in inglese.
The Green Living loan can finance home solar panels and solar battery systems. You can also refinance a higher-interest personal loan already used for solar panels.
Borrow up to $75,000, with repayment terms up to 240 months (20 years). You repay the loan through monthly payments with interest. The product advertises an annual percentage rate (APR) as low as 7.49% for a 120-month term. Its illustration for a $10,000 loan at that rate is $11.87 per month for each $1,000 borrowed.
The published Green Living rate table lists 7.49% for terms up to 60 months and 7.49%–9.99% for 120–240 months. That table is dated September 16, 2022, and rates and terms can change. The advertised rates apply to the most creditworthy borrowers; your final interest rate depends on your creditworthiness and loan approval.
Eligibility
You must qualify for MyPoint Credit Union membership and receive loan approval.
- Membership is available if you live, work or worship in San Diego or Riverside County. Immediate family members of existing members can also join.
- Opening a checking, savings or another account establishes membership.
- To apply, you need a Social Security Number or Individual Tax Identification Number, proof of your home address such as a utility bill or lease, and two identification documents. Examples are a driver’s license or California state ID, plus a passport or another institution’s debit or credit card.
How to apply
- Stato
- Aperto continuamente
- Restrizioni del bando
- Membership eligibility and loan approval are required.
Call MyPoint Credit Union at 888-495-3400 to start with its solar specialists. They guide you through the process and work with your vendor. Eligible new applicants can apply for membership or a loan.
Use that assessment to obtain your individual loan offer; approval and your creditworthiness determine the interest rate.