650 FICO credit requirement (No DTI)Homeowner must be on title Home is an approved type (in general, single family, fully owned roof - no shared roofs)
QUALIFICATIONS
No Credit check required
Available States & Accepted Yield
MASSACHUSETTS
Yield 950New Jersey
Yield 950MAINE
YIELD 850APPROVED UTILITIES
HOW TO CALCULATE PRODUCTION YIELD (SUN HOURS) ?
MAX OFFSET WITH POSIGEN:
105%
RESTRICTIONS WITH POSIGEN:
Must save 15% of the customers current Utility Rate Utility Bill MUST be clear and the Amount Due MUST be shown.If there is a past due balance on the bill you will not qualify unless you provide 1 of the following: 1. A screenshot showing the account number and the past due amount being paid off. 2. Sign the homeowner up for a payment plan, and provide 3 consecutive bills showing on time payments No Ground mounts No Batteries
REQUIREMENTS FOR SUBMISSION:
- SALES AGREEMENT + INTERCONNECTION DOCUMENTS
- CLEAR UTILITY BILL AND FULL PAGES
- PROOF OF OWNERSHIP (DEED/TAX BILL- MORTGAGE STATEMENTS NOT ACCEPTABLE)
REQUIREMENTS FROM POSIGEN AFTER SUBMISSION:
- ACH
- SOCIAL SECURITY NUMBER + BIRTH DATE