VSECU Financing for Kasselman Solar Customers

This loan is for purchases eligible for the 30% Federal Investment Tax Credit. Within the first 24 months, you may apply your tax credit to the principal of your ITC Loan, or you may use the credit to pay down higher-interest debt and let your ITC Loan payments re-amortize to a higher monthly payment at the same fixed rate.

TERM: 84 months (7 years)
APR AS LOW AS: 7.75%
MAXIMUM LOAN AMOUNT: $60,000

TERM: 180 months (15 years)
APR AS LOW AS: 8.50%
MAXIMUM LOAN AMOUNT: $60,000

You can apply your tax credits and other incentives to the loan to reduce your loan principal. This special feature further reduces your costs and maximizes your energy savings.

^{APR = annual percentage rate. APR is effective as of 1/2/2024 and reflects the current minimum APR offered. Payment amount subject to change after the initial 24 months based on tax credits or other credits applied to principal or re-amortization of the outstanding balance. As an example, a $20,000 loan at 8.50% APR would result in 24 initial monthly payments of $138.44. If 30% of the loan amount is applied to the principal during the first 24 months, the monthly payment would remain approximately the same for the remaining term of the loan. If the principal is not paid down with a tax credit or other payment, the outstanding loan balance at the end of the 24-month period will re-amortize to $202.16 per month for the remaining 156 months. Minimum loan amount is $5,000. Example payments are for estimation purposes only. Actual loan payment amount will be disclosed at loan closing and may differ slightly. The APR may be adjusted based on individual credit standing and term.}

The Energy Improvement Loan offers consistent monthly payments and a discounted rate. This option is perfect for those who want to keep their monthly payments stable. 

TERM: 60 months (5 years)
APR AS LOW AS: 6.75%
MAXIMUM LOAN AMOUNT: $40,000

TERM: 144 months (12 years)
APR AS LOW AS: 7.75%
MAXIMUM LOAN AMOUNT: $40,000

TERM: 180 months (15 years)
APR AS LOW AS: 8.50%
MAXIMUM LOAN AMOUNT: $40,000

You can apply your tax credits and other incentives to the loan to reduce your loan principal and re-amortize to reduce your monthly payments.

^{APR = annual percentage rate. APR is effective as of 11/15/2023 and reflects the current minimum APR offered. The following example is for estimation purposes only: a $20,000 loan at 7.75% APR would result in 144 monthly payments of $213.81. Actual loan payment amount will be disclosed at loan closing and may differ slightly. Other rates and terms available based on individual credit standing and term. Other terms are available.}

Designed to finance larger solar purchases, the unsecured VGreen 20-Year Energy Improvement Loan has discounted fixed rates and an extended term. You’ll benefit from an investment that reduces your home’s operating expenses and provides consistent monthly loan payments.

TERM: 240 months
APR AS LOW AS: 9.75%
MAXIMUM LOAN AMOUNT: $60,000

You can apply your tax credits and other incentives to the loan to reduce your loan principal and re-amortize to reduce your monthly payments.

^{APR = annual percentage rate. APR is effective as of 11/15/2023 and reflects the current minimum APR offered. The APR may be adjusted based on individual credit standing and term. Minimum loan amount is $10,000. The following example is for estimation purposes only: a $20,000 loan at 9.75% APR would result in 240 monthly payments of $189.79. Actual loan payment amount will be disclosed at loan closing and may differ slightly. Other rates and terms available based on individual credit standing and term.}