Help Your Buyers Go Green with FHA Solar Incentives & Down Payment or Closing Costs

Your buyers can join the green energy movement—without income limits or repayment requirements! They can receive up to $13,000 to help with their down payment, closing costs, or even future savings. Plus, they’ll enjoy competitive FHA interest rates!

🌿 Easy Solar Financing with FHA

FHA now makes it easier than ever for families to finance a new solar energy system when they buy a home!

✅ The full cost of a new solar panel system (including batteries and necessary roof repairs) can be added to an FHA-insured mortgage.
✅ Installation happens after closing—so no upfront hassle!

🔹 How It Works:

1️⃣ Get Pre-Approved – Your buyer applies for an FHA loan with a HOPER-approved lender. (Summit Lending has multiple lenders for this program!)
2️⃣ Complete an Online Course – A 6-8 hour self-paced financial education course.
3️⃣ Receive Your Funds – Once the course is done, the buyer gets up to $13,000 (or 3.5% of the home price)—held until closing.
4️⃣ Enjoy Tax Benefits – Solar installation makes buyers eligible for a federal tax credit worth $10,000–$15,000 on average!

🔹 Who Qualifies?

✔️ Available in 30+ states
✔️ Primary residences only (No condos or homes with existing solar panels)
✔️ No income restrictions
✔️ Open to first-time & repeat homebuyers

💡 Why This Matters for Your Buyers:

• Lower energy bills – Solar panels can help cut monthly electricity costs.
• Protect against rising energy prices – Utility rates increase 6% per year nationwide, and in some states, even faster!
• Tax benefits – Interest on the full mortgage (including solar costs) may be tax-deductible.
• Big federal incentives – Thanks to the Inflation Reduction Act, buyers get a 30% federal tax credit on the system price (a $40K system = $12K tax credit!)
• Affordable payments – Solar system costs are spread over the 30-year mortgage with a locked-in rate.

This is a huge opportunity for buyers to save money, go green, and secure their future energy costs! Let me know if you have any questions—I’d love to help!