EnFin – EquitySolar | knowledgebase

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Application Platform: Aurora (non integrated)

Design Platform: Aurora

Property Types 🏘️🌞

Duplexes	✔️
Triplexes	✔️
1-4 Unit Multifamily Homes	❌
Condos	✔️
Townhomes	✔️
Vacation Homes	✔️
Secondary Homes	✔️
Mobile Homes	❌
In a mobile home park	❌
Manufactured Homes	❌
Modular Homes	❌
Farms/Agricultural Land	✔️
Investment Properties	✔️
Commercial Properties	✔️
5+ Unit Multifamily Homes	✔️
Roof must be owned, not shared	✔️
Mulitiple System Financing	✔️
Add-On* (see notes)	❌
Ground Mount	❌
Residential, Single Family Homes	❌
Detached Garage / Guest Suite	❌
Accessory Dwelling Unit (ADU)	❌
Carports / Pergolas	❌
Overhang Porches	❌

Notes:

*Second systems must include a Tesla inverter if you add any Enphase inverter an adder of $650 will apply.

Pricing Details 💰

Minimum amount	$10.000
Maximum amount (total)	$125.000
Price Per Watt (PPW) Cap	PV Only: $0.07–$0.22 per kWh PV + ESS: $0.10–$0.31 per kWh Max Escalator: 3.5%

Customer Requirements 👤

Borrower must be a resident	✔️
Minimum FICO requirement	620
Reporting bureau	Transunion
Initial credit verification	Soft
Income Verification	Depends on Credit Report
Co-signer allowed?	Yes, Both applicants must meet the minimum credit requirements
Credit Freeze	Unfreeze Transunion
Reverse Mortgage	❌
DTI	Yes
ITIN (Individual Taxpayer Identification Number)	✔️

Roofing Information 🏠

❌ Excluded Roofs	Excluded roof type. – Wood Shake – Cal Shake – Slate Tile – Metal Shingle – Copper - Copper - Exotic Metals
❌ Disqualified / Excluded / Restricted Roofs	– Wood Shake – Cal Shake – Slate Tile – Metal Shingle – Copper
	The only requirement is that you would need to use a racking system from our AVL that is compatible with this roof type & install it to manufacturer specifications.
	✔Clay

Credit Extension 📊

Credit Expires	Before Contract is Signed: Credit expires 30 days from the application submission date. After Contract is Signed: Credit expires 180 days from the application submission date.
Allows Extension	Extensions for this 180-day expiration are assessed on a case-by-case basis, and it is expected that any potential delays are communicated in advance
Extension Expires	Yes. Must contact EnFin at minimum 2 weeks before credit expiration. Case by Case and can only request 30 day extensions at a time. ys. extra 30 days. Must be requested within 10 days of original expiration
Max Number of Extensions	1

Debt Requirments 📋

Bankruptcies	❌ Not disclosed
Foreclosure	❌ Not disclosed

Funding Details 💸

First Payment Date	After the project reaches PTO, H/O can expect payment roughly 2 months of PTO completion.
NTP (Notice to Proceed) Timeline	3-5 Days
Funding Timeline	1-3 business days
M1 Commission By Equity Solar	✔️
Loan Transferability	✔️

Contract & Verification Process ✍️

Spanish Agreement?	❌
Welcome Call	✔️
Cancellation Policy Timeline	❌

Utility Companies 🔌

FPL	✔️
Duke	✔️
City of Bartow Electric	❌
City of Mount Dora	✔️
City of Vero Beach	✔️
Clay Electric Cooperative Inc	✔️
JEA	✔️
Kissimmee Utility Authority	✔️
Lakeland Electric	✔️
Lee County Electric Coop Inc	✔️
SECO	✔️
TECO	✔️
Glades	❌
Withlacoochee	✔️
City Of Winter Park	❌
FPUA	❌
Orlando Utilities Commission	✔️
Peace River Electric Coop (PREC)	❌
City of Tallahassee (Your Own Utilities)	❌
Gainesville Regional Utility (GRU)	✔️

📞 Financial institution contact information: