Each Lender has different limits on the loans they will give. If the system amount is greater than the limit, the payment will show $0.
Sunlight is $150,000, PPW cap is $8.
Sunnova is $150,000
GoodLeap/LoanPal is $135,000
Mosaic is $135,000
Dividend is $130,000
Service Finance has a minimum of 10,000 and a max of 100,000
Salal is 100,000
EnFin Caps
Latest info from Enfin as 9/01/2024:
The $/W limit is hard coded in Enfin's system which can be helpful:
• Solar System Only ($7/W for CA, $6.5/W for non-CA)
• Solar System with Battery Storage ($10/W)
• Solar System with Reroofing ($12/W)
• Solar System with Battery Storage and Reroofing ($15/W)
• Battery Only ($30,000 max)
For systems less than or equal to 4.5 KW:
Solar Only PPW Cap: $8.00 in CA
Solar + Roof Cap: $13.00
Solar + Battery Cap: $11.00
Solar + Roof + Battery PPW Cap: $16.00
For systems greater than 4.5 KW:
Solar Only PPW Cap: $7.00 in CA
Solar + Roof Cap: $12.00
Solar + Battery Cap: $10.00
Solar + Roof + Battery PPW Cap: $15.00
For ground mount systems
Solar system only Cap $8.00 in CA
Solar system with battery storage: $11.00
Min loan amount: $10k
Max loan amount: $125k
EnFin Allowable Adders
25% of the total loan can be allocated toward adders
EnFin Application Requirements
Co-signer allowed and does not need to live at the property
No bankruptcies in the last 2 years
EnFin Property Requirements
Primary residence only
Must have a solid foundation