Admirals Bank's Solar Loans

These non-equity based solar loans are intended for customers seeking financing for renewable energy projects, such as solar, energy efficiency upgrades, small wind and geothermal systems where credits, rebates and/or incentives are available. Qualifying renewable energy projects may be paired with other general home improvements, including roofing, window, energy efficiency solutions, garages and much more.

Call us today at 1-800-715-8472 to find out more about our programs. 

Benefits of The Solar StepDown Loan:

  • No equity or appraisal required1
  • No prepayment penalties
  • Flexible loan terms
  • Fixed rates
  • Interest and HUD insurance fees may be tax deductible (consult your tax advisor)
  • No seasoning requirements2
  • Borrowers looking for renewable energy products may apply any tax credits and/or local incentives to request a one-time re-amortization within the first 24 months of the funding date of the loan to lower, or 'step down,' monthly payments, provided certain requirements are met3
  • Access to a team of renewable energy financing experts

Click Here to Apply!

Qualifying Solar StepDown customers now have an option to borrow up-to an additional $25,000 through our exclusive "Plus 1 Companion Loan".* This innovative program gives homeowners the ability to borrow up to $50,000 for a single set of residential renewable energy solutions!

Are you seeking financing for home improvement projects as well? Learn more about Admirals Bank's Home Improvement Loans

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1Lien will be placed against the property. Lien will be in first or second position. 2New residential structures must be completed and occupied for minimum of 90 days. 3Must be a project that qualifies for federal and/or government rebates or incentives.
*The Plus 1 Companion Loan is a Bank program that is not affiliated with or sponsored by FHA. The term of the Plus 1 Companion Loan cannot exceed the term of the Solar StepDown Loan. Each loan is subject to separate credit approval. 

All loans are subject to credit approval.