VSECU is committed to helping members make smart investments in their homes and communities. We’ve teamed up with Granite State Solar to offer special discounted rates to maximize your solar investment savings.
Discounted, Fixed Rates
Convenient Online Application
Specialized Solar Loan Options
Online & Mobile Repayment
No-cost loan modifications are available. Apply tax credits and other incentives to lower your loan principal. This special feature further reduces your costs and maximizes your energy savings.
HOW TO APPLY:
Step 1: WORK WITH A GRANITE STATE SOLAR ADVISOR
Contact the Granite State Solar team to get started.
Step 2: APPLY ONLINE
Click here to submit your application.
VSECU will work with you to help make your financing a smooth and worry-free experience. Contact a VSECU consumer lending consultant at email@example.com or (802) 371-5146 for more information.
VSECU is a Vermont-based credit union open to anyone who lives or works in Vermont, or anyone who is a member of the Northeast Sustainable Energy Association (NESEA).
This loan is for purchases eligible for the 26% Federal Investment Tax Credit. After the first 15 months, you may apply your tax credit to the principal of your VGreen 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 same fixed rate.
Annual Percentage Rate. APR is effective as of 1/1/2020 and reflects the current minimum APR offered. Payment amount subject to change after initial 15-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 3.99% APR would result in 15 initial monthly payments of $130.15. If the entire 26% tax credit is applied to the principal during the first 15 months, the monthly payment would remain at $130.15 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 15-month period will re-amortize to $181.95 per month for the remaining 129 months. Other rates and terms may be available. The APR may be adjusted based on individual credit standing and term. Example payments are for estimation purposes only. Actual loan payment amount will be disclosed at loan closing and may differ slightly.
20-Year Energy Improvement Loan
Designed to finance larger solar purchases, the unsecured 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.
Enter the amount you wish to borrow:
|Term||Maximum Loan Amount||APR as low as||Estimated
|240 Months||$60,000||5.49%||Apply Now|
APR = Annual Percentage Rage. APR is effective as of 1/1/2018 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. Payment example is based on a $20,000 loan. Actual loan payment amount will be disclosed at loan closing based on loan amount requested.
APPLY: You can apply for most of our loan products online. Our online loan application offers quick results, sometimes letting qualified applicants know of approval instantly. This loan comes with options and levels of discounts and terms. Contact a VSECU consumer lending consultant at firstname.lastname@example.org or (802) 371-5146 with any questions.
QUICK TIP: If you are already a member and want to apply for a product online, it’s easier to apply once you’ve logged into our Online Banking system. That way we can save you time by pre-filling the application with the general information we already have on file for you.