Game-changing: Homeowners can now pay for rooftop solar on their mortgages

by Brian Eckhouse, Bloomberg

There’s a new way for homeowners to pay for rooftop solar panels. It’s called a mortgage.

Loanpal, led by two former SolarCity Corp. executives, provides loans for rooftop solar panels, then offers to bundle them into conventional 30-year mortgages. It allows customers to spread payments out over decades and, the company says, lower costs.

Read more: https://www.bloomberg.com/news/articles/2019-11-07/ex-solarcity-execs-are-baking-solar-loans-into-home-mortgages

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