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What's New
Are there any installer requirements to meet to sell SunSaver loans?
Yes, there are a couple of requirements for installers wishing to offer the SunSaverTM loan:
- Credit Requirements: Installers must maintain a first-look volume. Sunlight assesses the credit profile of applications regularly to ensure the installer refers homeowners with high credit quality to Sunlight. Sunlight maintains the discretion to adjust pricing and product availability
- ACH Enrollment: Installers must have an ACH (Automated Clearing House) enrollment rate of over 90% to ensure efficient and reliable payment processing
- Proposal Updates: Installers must update their sales proposals to meet Sunlight’s proposal requirements for the SunSaverTM loan product. If installers sell through one of our integrated proposal partners that have completed the SunSaverTM API integration, the required proposal changes are already integrated on those platforms. If the installer is using their own custom proposal tool, then Sunlight must review the SunSaverTM proposal for compliance.