Credit Human, a Non-Profit Federal Credit Union
Chartered in 1935, Credit Human is a not-for-profit, 100% member-owned, member-directed, and member-governed federal credit union serving members across the United States. Their Sustainable Home Division provides financing for homeowners to help improve their home’s carbon footprint and sustainability. They believe that being good stewards of financial resources and good stewards of our environmental resources go hand-in-hand.
How a Loan Works with Credit Human
For example, Credit Human’s 6.99% 20-year loan:
No cost 3x re-amortization. To lower your monthly payment amount, customers may elect to re-amortize their UCC Secured loan (at no cost) after applying a minimum principal payment of 10%. Available up to 3 times over the life of the loan.
No closing costs or dealer fees. One-time loan fee of $295 (added into the loan amount & financed over the life of the loan)
Loan amount: Minimum: $12,500 / Maximum: $100,000
One loan, you decide what you do with your tax credit. Not a combo loan, so the whole project amount is on a single, long-term loan
No pre-payment penalties
Why We Chose Credit Human for Financing Solar Systems
“We chose to work with Credit Human because their values reflect our own. They believe in the power of community, and in helping folks live their dreams. We especially love to work with them because they are committed to serving their members, not their shareholders as a typical bank does. This means savings for you rather than profit for the bank’s shareholders.”
(Copy is from Ipsun Solar, a fellow member of the Amicus Solar Coop that operates in the DC metro area)
