SOLAR
LOANS
Spend Less on Electricity
If you are a homeowner and want to save money on your electricity bills and protect yourself from rising utility costs, consider adding solar to your home. Matadors Community CU offers affordable financing to help you get more and spend less.
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Rates as low as 5.24%¹
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No money down and no pre-payment penalties
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No payment for 90 days*
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Quick application turnaround
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Contractors must be approved by the credit union
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Terms up to 300 months
Federal Tax Credit
The Federal Solar Tax Credit (also known as the Investment Tax Credit or ITC) of 30% has been extended through 2032. Consult your solar contractor for more details.
Interested?
Contact us at solar@matadors.org
Are you a contractor?
Solar Contractor Resource Center Click here!
Have Equity in Your Home?
Apply for a low-rate Home Equity Line of Credit to pay for your solar installation.
GoGreen Home Energy Loans
Want to add energy-efficient appliances or windows to your home?
We'll help you finance it with affordable rates & terms!
¹APR=Annual Percentage Rate. Rates as of 11/01/2024 and are subject to change at any time. Must meet credit and income criteria. Rate quoted is the preferred rate with a minimum 720 FICO. Subject to credit approval and membership eligibility. Other rates and terms available. Sample Payment: $234.25 (based on 144 month term, $25,000, 5.24% APR). Rate reflects a .50% discount for Automatic Payment. Rate buydown fee may apply. Interest will accrue from date of funding. UCC1 lien will be recorded on property. Restrictions may apply. Membership required.
*Interest accrues from date of funding.
Loan Rates
Rates are subject to change and are current as of November 1, 2024.
Solar ⁶, ⁷
⁶ Rate reflects a .50% discount for Automatic Payment.
⁷ APR=Annual Percentage Rate. Rates subject to change at any time. Must meet credit and income criteria. Rate quoted is the preferred rate with a minimum 720 FICO. Subject to credit approval and membership eligibility. Rate buydown fee may apply. Other rates and terms available. UCC1 lien will be recorded on property.
