Millbury Savings Bank`s Solar Loan Program makes installing solar
Transcription
Millbury Savings Bank`s Solar Loan Program makes installing solar
Let our green help you go green. Millbury Savings Bank’s Solar Loan Program makes installing solar PV panels even more affordable! What’s Solarize Mass? Millbury and Sutton homeowners participating in Solarize Mass enjoy these special terms: Fixed interest rates as low as 3.99% (4.205% APR) for five years* l No equity is no problem: up to 100%+ loan-to-value options are available l Loan amounts up to $30,000 l Terms available from five to 20 years l No prepayment penalty l Interest may be tax-deductible l Take advantage of the financial and Earthfriendly benefits of solar energy today! Millbury and Sutton are two of just 17 communities selected to participate in Solarize Mass, a program developed by the Massachusetts Clean Energy Center (MassCEC) in partnership with the State Department of Energy Resources (DOER) to expand the installation and use of solar systems. We’re looking out for you. For more information, contact Joanne Ryan at (508) 865-5811 or stop by our 109 Elm Street office. MillburySavings.com *Rate and Annual Percentage Rate (APR) available as of 6/9/12, and subject to change without notice. Available for owner-occupied, 1-4 family homes. Fixed interest rate of 3.99% (4.205% APR) based on a loan amount of $10,000 with 80% loan-to-value and results in 60 payments of $18.41 per $1,000 borrowed. Other terms and interest rates/APRs are available. Homeowners insurance required on property. All loans are subject to good credit and debt-to-income ratios. The interest on the portion of the credit extension that is greater than the fair market value of the dwelling is not tax deductible for Federal income tax purposes. Consult a tax advisor for further information regarding the deductibility of interest and charges. Closing costs of $308 apply to all loans. Member FDIC Member DIF