Solar loan
Borrow $5,000–$75,000 to buy and install new solar panels at your primary residence in Vermont.
Ta możliwość jest obecnie dostępna po angielsku.
Vermont Federal Credit Union lends money for the purchase and installation of new solar panels for your home. You repay the loan with interest over the agreed term.
The published repayment options are 5 or 10 years, with annual percentage rates (APR) starting at 5.90%, and 15 or 20 years, starting at 6.90%. APR expresses the yearly cost of borrowing. These are lowest advertised rates: your credit assessment may lead to a different rate, and rates can change without notice. You can repay early without a prepayment penalty.
Eligibility
- The property must be your primary residence and must be in Vermont.
- You must be a Vermont Federal Credit Union member. You can join if you live, work, worship or attend school in Vermont. You can also join, regardless of where you live, if an immediate family member is already a member.
- Membership requires a $5 share deposit. All loans require credit approval.
How to apply
- Status
- Nabór ciągły
- Warunki naboru
- Credit approval and credit union membership are required. The property must be a primary residence in Vermont.
Contact Vermont Federal Credit Union on (888) 252-0202, Option 1, to discuss the solar loan and start your application. Its solar-loan page also provides routes for existing members to log in and apply, and for new applicants to join and apply.
When joining, provide identification, your physical and mailing addresses, a valid email address, Social Security number and date of birth. Identity documents must be original, unaltered and unexpired. The credit union may request further documents to verify your information; supplying documents does not guarantee membership approval.