Sungage Financial – EquitySolar

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Application Platform: Enerflo (integrated)

Design Platform: Aurora

Property Types 🏘️🌞

Notes:

Add On Systems 🏠⚡➕

Are add-on systems allowed?

✔️

Notes:

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

Pricing Details 💰

Maximum amount (total)

$ 150.000

Customer Requirements 👤

Borrower must be a resident	✔️
Minimum FICO requirement	640 for all terms
	700 for loan amounts between $80k - $99 k
	740 for loan amounts between $100k - $150k
Reporting bureau	Experian
Initial credit verification	Soft
Income Verification	Sungage may request proof of income during the underwriting process, especially when it is necessary to confirm the applicant's ability to pay.
Co-signer allowed?	Both applicants can be listed on the loan and be liable for the debt.
Credit Freeze	Normally, the applicant must lift the freeze so that the credit check can be performed.
Reverse Mortgage	❌
DTI	NOT REQUIRED
ITIN (Individual Taxpayer Identification Number)	There is no public documentation from Sungage confirming that it accepts loans with an ITIN instead of an SSN.

Roofing Information 🏠

These restrictions typically depend on the installer, the insurance company, or the project's technical requirements.

Credit Extension 📊

Credit Expires	Sungage's credit approvals are valid for a certain period, although the duration may vary depending on the current program
Allows Extension	No
Extension Expires	N/A
Max Number of Extensions	N/A

Debt Requirments 📋

Bankruptcies	Depending on the type of bankruptcy, the discharge date, and the applicant's credit profile, the loan may or may not be eligible
Foreclosure	Foreclosure history is taken into account in the credit assessment. Eligibility depends on the applicant's complete credit history and current underwriting criteria.

Funding Details 💸

First Payment Date	The date of the first payment depends on the loan product and whether there is a Deferred Payment Portion (DPP), not on a fixed date such as “signed before June 30.”
NTP (Notice to Proceed) Timeline	1-3 Days
Funding Timeline	Sungage does not publish an M1/M2 commission schedule
M1 Commission By Equity Solar	❌
Loan Transferability	✔️

Contract & Verification Process ✍️

Spanish Agreement?	✔️
Welcome Call	❌
Cancellation Policy Timeline	✔️

Utility Companies 🔌

FPL	✔️
Duke	✔️
JEA	✔️
Kissimmee Utility Authority	✔️
Lakeland Electric	✔️
TECO	✔️
Orlando Utilities Commission	✔️

📞 Financial institution contact information:

Chat & Phone Support Hours: Monday – Friday: 9:00 AM – 10:00 PM (ET) Year Round and Saturday: 10 AM – 7:00 PM