Do I need to have already purchased my solar system?

No. This is specifically to help you finance the purchase. Comparing your options before you sign anything with a solar installer is exactly the right time to look into this.

Is a HELOC actually cheaper than a solar loan?

It depends on the specific offers in front of you, but home equity lines currently start well below what many dealer-arranged solar loans charge once fees are included. The only way to know for sure is to compare your actual solar financing offer to your actual HELOC offer side by side, and Travis can help you do that.

Do I need to own my home outright?

No. What matters is how much equity you have, not whether your mortgage is paid off.

Will checking my eligibility affect my credit?

No. The quick check on this page is self-reported and doesn't pull your credit at all. The initial application itself uses a soft credit check to determine what you may qualify for, and a soft check doesn't affect your credit score. If you move forward toward final approval, Travis or the lender will let you know before anything further happens.

Is this only for First Electric customers?

No. Anyone can apply, but this page is set up specifically for First Electric referrals so we can move quickly on your project.

What if my credit or equity doesn't fit the typical range?

Every situation is different. Call Travis directly. He can walk you through what might help and whether a different path makes more sense for you right now.

Do I need to have already purchased my solar system?

No. This is specifically to help you finance the purchase. Comparing your options before you sign anything with a solar installer is exactly the right time to look into this.

Is a HELOC actually cheaper than a solar loan?

It depends on the specific offers in front of you, but home equity lines currently start well below what many dealer-arranged solar loans charge once fees are included. The only way to know for sure is to compare your actual solar financing offer to your actual HELOC offer side by side, and Travis can help you do that.

Do I need to own my home outright?

No. What matters is how much equity you have, not whether your mortgage is paid off.

Will checking my eligibility affect my credit?

No. The quick check on this page is self-reported and doesn't pull your credit at all. The initial application itself uses a soft credit check to determine what you may qualify for, and a soft check doesn't affect your credit score.

Is this only for First Electric customers?

What if my credit or equity doesn't fit the typical range?

Every situation is different. Call Travis directly. He can walk you through what might help and whether a different path makes more sense for you right now.

Solar Financing HELOC | Compare Rates First

Save Time

Most solar installers, including great ones, will hand you a financing agreement at the point of sale. It's easy to sign it without comparing it to anything else. A couple of things worth knowing first:

Dealer fees add up fast. Some solar loan programs build dealer fees into the loan itself, which can push the real cost of borrowing well above what the advertised payment suggests, in some cases as high as the high-20s to 30% when you factor in total fees and rate.

A HELOC is your money, on your terms. Because it's secured by your home equity rather than the solar equipment, a HELOC typically comes with a lower rate and more transparent fee structure.

You keep your first mortgage untouched. A HELOC or home equity loan sits behind your existing mortgage. Your current rate doesn't change.

Your credit score	What it typically means for your rate
760+	Best available rates, at or near the lowest published rate
700–759	Still strong, competitive rates just above the floor
660–699	Solid rates, moderately higher depending on your equity
620–659	Available, but rates run noticeably higher

Terms available: 5, 10, 15, and 30-year options, so you can choose a shorter payoff or a lower monthly payment depending on what fits your budget.

*Rate shown is the lowest available APR, based on the lender's published rate sheet dated May 12, 2026, for well-qualified borrowers with excellent credit and lower combined loan-to-value. Not all borrowers will qualify for the lowest rate. Your actual rate depends on your credit score, home equity, loan term, and other factors, and is not guaranteed until you complete a full application. Rates are subject to change without notice and this is not a rate lock.

Solar Equity Check | Bonelli Financial Group

Estimated current home value

Current mortgage balance

Home type Est. credit score

This is a self-reported estimate. Checking here never affects your credit.

✓ Strong candidate

Good news — you're likely a strong candidate.

Based on what you shared, your equity position and credit range fall right where HELOC and home equity lenders typically like to see. You can apply directly below, or talk to Travis first if you'd rather walk through it with someone.

Est. available equity

Est. loan-to-value

--%

Start My Application → Talk to Travis First — (480) 805-5509

This is an estimate, not a loan approval or commitment to lend. Final eligibility, rate, and terms are set by the lender after a full application.

Let's take a closer look

Let's find the right path together.

Every homeowner's situation is different, and the numbers you shared just mean a standard HELOC may take a bit more shaping. That's normal — worth a five-minute call instead of an online guess.

Est. available equity

Est. loan-to-value

--%

Talk to Travis — (480) 805-5509

Travis can walk you through what would move the needle and what other options exist right now.

Do I need to have already purchased my solar system?
No. This is specifically to help you finance the purchase. Comparing your options before you sign anything with a solar installer is exactly the right time to look into this.
Is a HELOC actually cheaper than a solar loan?
It depends on the specific offers in front of you, but home equity lines currently start well below what many dealer-arranged solar loans charge once fees are included. The only way to know for sure is to compare your actual solar financing offer to your actual HELOC offer side by side, and Travis can help you do that.
Do I need to own my home outright?
No. What matters is how much equity you have, not whether your mortgage is paid off.
Will checking my eligibility affect my credit?
No. The quick check on this page is self-reported and doesn't pull your credit at all. The initial application itself uses a soft credit check to determine what you may qualify for, and a soft check doesn't affect your credit score.
Is this only for First Electric customers?
What if my credit or equity doesn't fit the typical range?
What if my credit or equity doesn't fit the typical range?
Every situation is different. Call Travis directly. He can walk you through what might help and whether a different path makes more sense for you right now.

About the author

Travis Erickson

Licensed Mortgage Broker · NMLS# 1193479 · Bonelli Financial Group NMLS# 1211572

Travis Erickson has been in the mortgage industry for over 10 years, working every part of it. He started as a loan officer at Desert Financial Credit Union, one of the largest credit unions in Arizona, moved into production management, and eventually became Vice President at AmeriSave Mortgage where he built a top producing team and helped run a branch location funding well over a billion dollars annually.

He joined Bonelli Financial Group in 2024 to build a faster, more transparent mortgage experience for borrowers that traditional lenders often overlook. His day-to-day work spans the full mortgage spectrum — conventional, FHA, VA, jumbo, DSCR, bank statement, and non-QM programs — with a particular depth in investor financing and complex income situations. He works with borrowers in Arizona and eight other states.

His expertise has been recognized by publications including Bankrate, whose Non-Conforming Loans Guide is one of the most widely read mortgage references in the country, and Clever Real Estate. He’s based in Mesa, knows the East Valley and Scottsdale markets from years of working in them, and has closed deals across Arizona, Texas, Florida, and beyond that conventional lenders couldn’t structure.

His view on lending is straightforward: the best mortgage is the one that actually closes.