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COVID-19 Updates - Important information regarding branch & service availability, remote banking options, resources for financial hardship, and more: Click Here

UMassFive has been approved to be a lender of the SBA's Payroll Protection Program (PPP) as a part of the recently passed 2020 CARES Act, and will be eligible to process PPP loans through the SBA's loan delivery system as soon as this system is made available to us. Please email our Commercial Services Division for additional information.

MySolar Loans

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UMassFive's proprietary solar loan.

 

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Higher Max and Longer Terms

With a higher maximum amount to borrow and longer terms, you can finance a larger project to suit your needs with a MySolar loan.

Allowable Costs

Not only does the MySolar Loan cover the cost of installation, but also tree removal and roof repair.

Non-Owner Occupied? No Problem!

Looking to upgrade a rental property with clean energy? You can keep costs down for you and your tenants.

However, if you're looking to get some panels installed on your business, you'll want to check out our Commercial Sustainability options instead.

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MySolar Loan Rates

Product Annual Percentage Rate Max Term Limit
  Rates Starting At...    
MySolar Loan 4.49% 60 Months $75,000
MySolar Loan 4.99% 120 Months $75,000
MySolar Loan 5.99% 180 Months $75,000

Ready to apply for your MySolar Loan?

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For disclosures and additional details, visit here.

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