People love solar, don't waste time selling the financing

Traditional solar financing has limitations and isn't always the best fit for your customers. By wrapping their solar system in with their mortgage, your customers could save 10x more than traditional solar financing every month which creates raving fans and referrals for you.

People love solar, don't waste time selling the financing

Attract More Buyers

Why use Lowtility?

1. More and more homebuyers are listing energy efficiency and renewable energy as a motivator in the house they choose.
2. Use our Lowtility financing tool to finance more than just the house. You can include things like: Solar, insulation, windows, doors, furnace, Energy Star appliances, smart home bundle, batteries, etc.
3. Simplify your payments and interest rates by having only one lien and one payment on your property. Solar financing options put 2nd and 3rd liens on the house, making them harder to sell.
4. Additional tax benefits. For the majority of us, 2nd mortgages or industry financing can't be tax deducted.
5. Your customers can do what they want with the federal or state tax credits (i.e. pay off other debt and save money).
6. For some, additional payment savings include: Reduced mortgage rate, elimination of Mortgage Insurance, elimination of additional debts.

Refinance Case Study: 1

Find out why Lowtility makes more financial sense below.
‍

Lowtility Refinance

Traditional Refinance

Solar

$350k

$350k + 20k (solar)

Sale Price

$17,500

5% Down Payment

4.25% (4.482 apr)

3.75% (4.265 apr)

Rate

rates subject to change and can vary by customer, ltv, dti, Credit

$1,636

$1,657

Mortgage (PI) Payment

$195

$249

Mortgage Insurance

$200

$25

Power Bill

$2,031

$1,931

Total Monthly Expense

Mortgage Payment (PI) + Utility Bill

$0

$7,600

Tax Credit

Fed: $6k + Utah: $1,600 = $7600

Refinance Case Study: 2

Find out why Lowtility makes more financial sense below.
‍

Lowtility Refinance

Traditional Refinance

Solar

$350k

$350k + 20k (solar)

Sale Price

$17,500

5% Down Payment

4.25% (4.482 apr)

3.75% (4.265 apr)

Rate

rates subject to change and can vary by customer, ltv, dti, Credit

$1,636

$1,657

Mortgage (PI) Payment

$195

$249

Mortgage Insurance

$200

$25

Power Bill

$2,031

$1,931

Total Monthly Expense

Mortgage Payment (PI) + Utility Bill

$0

$7,600

Tax Credit

Fed: $6k + Utah: $1,600 = $7600

Refinance Case Study: 3

Find out why Lowtility makes more financial sense below.
‍

Lowtility Refinance

Traditional Refinance

Solar

$350k

$350k + 20k (solar)

Sale Price

$17,500

5% Down Payment

4.25% (4.482 apr)

3.75% (4.265 apr)

Rate

rates subject to change and can vary by customer, ltv, dti, Credit

$1,636

$1,657

Mortgage (PI) Payment

$195

$249

Mortgage Insurance

$200

$25

Power Bill

$2,031

$1,931

Total Monthly Expense

Mortgage Payment (PI) + Utility Bill

$0

$7,600

Tax Credit

Fed: $6k + Utah: $1,600 = $7600

Traditional solar financing has limitations...

Traditional solar financing has limitations and isn't always the best fit for your customers. By wrapping their solar system in with their mortgage, hour customers could save 10x more than traditional solar financing every month which creates raving fans and referrals for you.

At Lowtility, we know that you want to be the top sales performer in you company. In order to do that, you need your solar customers to be raving fans. The problem is traditional solar financing isn't always the best fit for your customers, which makes you feel discouraged because you are not providing your customers with the best financial solution.

How The Process Works

1. We collect some info from the customer online, through our app, or they can speak with us directly.
2. We collect a little info from you (cost of project, current power bill, power bill after improvements).
3. We prepare a couple financing options for the customer and review them with the customer.
4. They pick the plan and we take care of all the traditional mortgage needs (appraisal, title etc.)
5. They close and fund on their Lowtility loan and we pay off any applicable creditors, and pay the solar company 50% of the bid amount.
6. Once solar is installed, we get notified and send our appraiser out to confirm.
7. The remaining 50% of funds are sent to the solar company (you don't have to be debt collectors because checks are cut to the solar company).
8. Your customer enjoys the savings, tax benefits, and the tax credits.
*From the time we pay off your existing mortgage to the time where your new mortgage payment is due, for many, there is a month where a payment is not needed.

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Attract more sellers & buyers.

Lowtility helps Agents stay up to date in an ever changing real estate world.

People love solar, don't waste time selling the financing

People love solar, don't waste time selling the financing

Attract More Buyers

Why use Lowtility?

Refinance Case Study: 1

Lowtility Refinance

Traditional Refinance

Solar

$350k

$350k + 20k (solar)

Sale Price

$17,500

$17,500

5% Down Payment

4.25% (4.482 apr)

3.75% (4.265 apr)

Rate

$1,636

$1,657

Mortgage (PI) Payment

$195

$249

Mortgage Insurance

$200

$25

Power Bill

$2,031

$1,931

Total Monthly Expense

$0

$7,600

Tax Credit

Refinance Case Study: 2

Lowtility Refinance

Traditional Refinance

Solar

$350k

$350k + 20k (solar)

Sale Price

$17,500

$17,500

5% Down Payment

4.25% (4.482 apr)

3.75% (4.265 apr)

Rate

$1,636

$1,657

Mortgage (PI) Payment

$195

$249

Mortgage Insurance

$200

$25

Power Bill

$2,031

$1,931

Total Monthly Expense

$0

$7,600

Tax Credit

Refinance Case Study: 3

Lowtility Refinance

Traditional Refinance

Solar

$350k

$350k + 20k (solar)

Sale Price

$17,500

$17,500

5% Down Payment

4.25% (4.482 apr)

3.75% (4.265 apr)

Rate

$1,636

$1,657

Mortgage (PI) Payment

$195

$249