Our Residential Solar and Battery Loans include separate fees. These are standard fees for consumer loans and are automatically rolled into the loan amount to be financed over the term of the loan.
The total origination fee for residential loans is $1,375, consisting of a $625 origination fee and a $750 solar project fee.
The origination fee covers costs associated with originating and processing the loan.
Applicable document stamp fees are assessed separately based on state requirements.
State Specific Doc Stamps (if applicable)
Some states also require document stamps (Doc Stamps), which are calculated as a cost per $100 financed:
Florida (FL): $0.35 per $100 financed
Tennessee (TN): $0.35 per $100 financed
Maryland (MD): $0.90 per $100 financed
Alabama (AL): $0.15 per $100 financed
Important Notes for Installers and Homeowners
Do not add these fees to your contract price. They are automatically included in the loan balance and loan documents issued by Climate First Bank.
If a project is canceled after the Notice to Proceed (NTP) has been issued, the customer is responsible for paying the fees plus accrued interest. These represent the hard costs of processing the loan.
Why This Matters
The loan origination process involves underwriting, documentation, and compliance work that incurs costs regardless of whether a project is ultimately completed. Because of this, customers who cancel after NTP remain responsible for these fees.