Home Equity Line Of Credit

Home Equity Line of Credit From HelioPower

With home prices rebounding in California and across the USA, solar financing your home solar system with a HELOC (Home Equity Line of Credit) is becoming an option again for millions of Americans.

HELOC payments are typically less than an average electric bill of $150 or more and are a pathway to solar ownership for those who prefer financing options other than residential leases or PPAs.

HELOC as part of our self financing solar

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About Home Line of Credit

Benefits:

  • Attractive home equity loan rates are available
  • Pay a monthly bill to get solar power while utility bill goes down
  • Become more independent of energy price volatility
  • Interest may be tax deductible
  • Not just solar financing, but anything financing or a safety net

Requirements:

  • Maximum loan to value of 80 percent for homes up to $1 million in value, 50 percent loan to value for value over $1 million
  • Good or Excellent credit rating with FICO® score above 700
  • Premium rates for FICO® score

Learn More About HELOC

Think that HELOC is the right solar financing option for you? Our mission is to make a positive difference to the planet, out customers and our teammates. Contact us today and we can help you verify if you're qualified for HELOC.