Are you one of the countless homeowners who have considered solar but were turned away because you needed a new roof? Or perhaps you weren’t even thinking of solar but your roof is begging for some new shingles. If you fall into either of these categories, this article is for you.
Getting a new roof on your home can be an expensive shock to your yearly budget. New roofs are not cheap and they are even more costly if you already have two layers of shingles and need to start from scratch.
Wouldn’t it be great if you could get all that work paid for with nothing out of pocket and at the same time get solar for your home? If that excites you, then you will be pleased to know our financial provider, Sungage Financial, has a solution made specifically for you.
When you go solar with a Solar Loan we can cover the entire cost of most roofs in the same loan.
This means you get the following benefits:
- Single Credit Application
- Single Loan Payment
…And All the Benefits of a Solar Loan:
- Simple and Fast Credit Approval Process
- No Payments Till the System is Installed and Operational
- Loan Terms of 5, 19, 15 and 20 years
- No Down Payment Required
- No Prepayment Penalty
- No Home Equity Required
- Min FICO Score of 640
- Max DTI Ratio of 50%
- Primary applicant must own home
Your home gets a new roof with a 25+ year warranty and you get a solar system that will deliver electric utility savings as well as receive all applicable incentives. This instantly raises the value of your home as you now have both a new roof and a solar system.
The below infographic also includes the option for a battery system, but as explained in detail in our article entitled “Solar Battery Storage at Home — A Hot Topic, but Is It Ready for Prime Time in NJ?”, EcoMen does not see battery systems return any benefit for homeowners in NJ or NY. For now they are best suited to the West Coast where utility rates are handled in tiers.
For an honest evaluation of your solar options and straightforward talk, give us a call at 732-SOLAR-NJ. We promise to not waste your time and to give you the straight facts about your solar savings.
Please be advised that we are not tax experts. You should always consult with a tax professional.
Solar Solutions for New Jersey, New York, and Eastern Pennsylvania