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.
Esta oportunidade está atualmente disponível em inglês.
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
- Estado
- Aberto continuamente
- Condições do período de candidaturas
- 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.