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Somerset Federal Credit Union

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Home Alternative Energy

If you are interested in improving the energy and efficiency of your home, we have a fast lending option for you! Our Home Alternative Energy Loan can help pay for solar panels and other renewable energy improvements.

Features:

  • No lien on your property
  • No closing costs
  • Fixed rate loan
  • Flexible terms
  • Get an answer in less than one hour (during normal business hours)
  • Must show proof of expense such as an invoice, statement, etc.
  • Credit Life and Disability insurance available

Upon approval you will need to open an account with the Credit Union and maintain a $5 minimum balance in the account for the life of the loan.

Rates/Terms are subject to change without notice.

Rates based on direct payment from SFCU checking or savings account. Add .25% for non-direct payment.

Minimum loan amount is $250 and maximum amount is $30,000.