Closing costs associated with residential solar loans can vary by state. These are automatically rolled into the estimated loan amount and monthly payment. The customer will see this breakdown in their referral email, as well as their loan documents. The total origination fee for residential loans is $1,375, consisting of a $625 origination fee and a $750 solar project fee.
Florida
Closing costs for Florida loans are $1,375, plus document stamp fees.
FL Doc Stamps: $0.35 per $100 financed
All Other States
In addition, both MD and TN require document stamp fees (Doc Stamps):
• In TN: $0.35 per $100 financed
• In MD: $0.90 per $100 financed