Are you dreaming of owning a home but facing financial hurdles? Or are you a current homeowner looking to save on energy costs while earning cash incentives? Northeast Financial is excited to introduce the SunPowered Home Loan, designed to make homeownership more attainable while offering up to $13,000 in financial assistance and solar savings!
What is the SunPowered Home Loan?
The SunPowered Home Loan is an FHA-backed mortgage program that provides 3.5% of the home’s purchase price or home’s value if refinancing — up to $13,000—to help with upfront costs. This assistance can be used for:
✅ Down payment
✅ Closing costs
✅ Rate buydown
✅ Debt payoff
✅ Realtor fees
✅ Savings replenishment
Unlike many assistance programs, SunPowered Home Loan funds do not delay the home purchase or loan process.
Who Qualifies for the SunPowered Home Loan?
This program is available to new homebuyers and current homeowners who meet the following criteria:
Property Type: Single-family primary residence (no condos).
Location: Available in Connecticut, New York, North Carolina, and Florida.
Credit Score: Minimum 580 FICO score required.
Education Requirement: Completion of a 6-8 hour online homebuyer education course.
Financial Mentorship: Participation in a financial mentorship program.
Energy Efficiency Commitment: Agreement to install solar panels, with costs rolled into the FHA Simply Solar loan (installation occurs after move-in, ensuring no delay in closing).
Research Participation: Commitment to respond to periodic research surveys.
How Does It Work?
1️⃣ Pre-Approval – Get pre-approved for an FHA mortgage loan through Northeast Financial.
2️⃣ Homebuyer Education – Complete a self-paced online homebuyer education course before closing.
3️⃣ Receive Funds – Once completed, you’ll receive up to $13,000 to use for down payment, closing costs, or other approved expenses.
Added Benefits of the SunPowered Home Loan
💰 Cash Incentives – Earn up to $13,000 in financial assistance.
🔋 Solar Energy Savings – Reduce your monthly electric bill with solar panels installed at no upfront cost.
🏡 For New and Existing Homeowners – Whether you’re buying a home or already own one, you can take advantage of the savings.
📉 Tax Incentives – Potential eligibility for a 30% federal tax credit on energy-efficient upgrades.
📈 Home Value Boost – Homes with solar panels may increase in value by an average of 5%.
⚡ No Extra Costs – This is a true financial benefit with no hidden fees.
Get Started Today!
At Northeast Financial, we’re committed to helping you achieve your dream of homeownership while maximizing your energy savings.
📞 Call us now at 844-788-7237 to speak with an expert.
📩 Email us at info@northeast-mortgage.com for more details.
Don’t miss this opportunity to own a home and go solar with the SunPowered Home Loan from Northeast Financial!
