Follow Agency and Government guidelines. I’ve gotten mixed messages on VA loans. Technically solar is considered a utility bill and VA & FHA both indicate that utility bills shouldn’t be [...]
The contract will have a TIL disclosure The contract will say “you don’t have the option of purchasing the system”. This means it’s not financed If it’s on the credit [...]
By reviewing the contract especially if the solar is financed. 9/10 times the contract itself will have verbiage regarding that state of the solar property and whether it’s considered “real [...]
Once we find out that the property has solar, the immediate next step is to get the solar contract. This will tell us if the solar is financed or if [...]
Directly from the client (rare) They are recurring clients and I have a good memory On the credit report. Many times when the solar is financed, it will show on [...]
The interest rate is the cost to borrow the money in your loan, while APR (annual percentage rate) adds an upfront cost of getting the loan including points and lender [...]
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