Interested in exploring financing options for your renewable energy system?

U.S. Bank offers several options to help finance your next green project.

• Home Equity Line of Credit
• Home Equity Installment Loan
• U.S. Bank Line, An Unsecured Personal Line of Credit

For more information or to apply please call the Freeland Branch of U.S. Bank at 360-331-5246 and ask for Lynda McClure or Richard Newton. .pdf brochure

financing solar

U.S. Bank offers Home Equity Lines of Credit (HELOC) and Loans.  Competitive interest rates, no closing costs, low monthly payments and potential tax deductibility make these Home Equity products the smart choice for financing.

Home Equity Line of Credit
Enjoy great rates and a variety of flexible payment options with a U.S. Bank Home Equity Line of Credit.  Combines the flexibility of a line of credit with various monthly payment options.  And with a Fixed Rated Option get a fixed interest rate and monthly payment on all or a part of the balance.  Provides the ability to lock in a fixed rate on all of or any part of your variable balance at any time.  Offers flexible payment options, including interest-only.

U.S. Bank lends up to 90% combined loan-to-value. The Annual Percentage Rate for their (“Smart Refi”) 1st Position Home Equity Loans is based on the amount borrowed, the Loan-To-Value and the length of repayment term selected (20 years max).
 
LTV
12-60 Mos
61-120 Mos
121-180 Mos
181-240 Mos
LT 70%
3.25%
3.50%
3.99%
4.25%
70%-80%
3.25%
3.50%
3.99%
4.25%
80%-90%
4.50%
4.75%
5.24%
5.50%

Other loan rates and terms are also available.

 

Home Equity Installment Loan
Relax knowing you have the security of a fixed rate U.S. Bank Home Equity Loan offering fixed monthly payments. 
Provides first or second lien position financing with the security of a fixed rate and fixed monthly payments.  Offers terms up to 30 years.

U.S. Bank also offers Premier Line, an unsecured Personal Line of Credit.  You can enjoy instant access to funds on an ongoing basis via Premier Line’s revolving, open-end line of credit.  With a U.S. Bank Premier Line you will receive competitive Annual Percentage Rates, generous credit limits, no Annual Fee, convenient onging access to your funds.

Consult your tax advisor regarding the deductibility of interest.  Rates are subject to change.  Some restrictions may apply.  Approval for a U.S. Bank Premier Line is based on having a new or existing U.S. Bank consumer checking account, meeting U.S. Bank relationship requirements and underwriting policy guidelines, and normal credit qualifications.  Some restrictions may apply.  U.S. Bank National Association ND.

Installment loan payment example: On a $30,000 20-year loan (240 payments) at 7.99% APR, monthly payments would be $250.75 if the Loan-to-Value ration is less than or equal to 80%.  Higher rates apply for higher Loan-to-Value.  Offer is subject to higher credit qualifications.  Property insurance is required.  Some additional restrictions apply. 

Deposit products offered by U.S. Bank National Association, Member FDIC.