BUY NOW PAY LATER

New No Payment No Interest Loans!

So your customers can buy, install and enjoy solar now, while paying for it later See Our Rates

NEW BUY NOW, PAY LATER

ON SOLAR AND ENERGY EFFICIENT LOANS

Our new 12 and 18 month no interest and no payment buydown options allow your customers to buy, install and enjoy solar now, and pay for it later, way later.

NEW
No Interest No Payment Buydown Options

CLEAN ENERGY CHAMPION

Wheelhouse is San Diego’s Clean Energy Champion, financing Solar PV Systems that have generated more than 134 Million Kilowatt Hours of clean energy.

SAN DIEGO INNOVATOR

Wheelhouse Credit Union continues to innovate sustainable products for your customers; from permanent buydowns, to our state-of-the-art online subordination process, to our new no payment no interest extended term options.

EXPERIENCED AND PERSONABLE

Wheelhouse has been funding Solar Loans for more than 10 years, making us experienced professionals that can help your customers through the process.

Solar and Energy Efficient Loan Program

Terms

Minimum Loan Amount

A+

720+

A

680-719

B

650-679

Terms

Minimum Loan Amount

A+

720+

Max Loan Amount

$80,000

A

680-719

Max Loan Amount

$75,000

B

650-679

Max Loan Amount

$65,000

Terms

Up to 96 months

Minimum Loan Amount

$2,500

A+

720+

4.49%+

A

680-719

5.49%+

B

650-679

6.49%+

Terms

97 - 144 months

Minimum Loan Amount

$7,500

A+

720+

5.49%+

A

680-719

6.49%+

B

650-679

7.49%+

Terms

145 - 240 months

Minimum Loan Amount

$15,000

A+

720+

5.99%+

A

680-719

6.99%+

B

650-679

7.99%+

Permanent Buy Down Program

Terms

Min Loan Amount

Buydown Fee

A+

720+

A

680-719

B

650-679

Terms

Min Loan Amount

Buydown Fee

A+

720+

Max Loan Amount

$80,000

A

680-719

Max Loan Amount

$75,000

B

650-679

Max Loan Amount

$65,000

Terms

Up to 144 months

Min Loan Amount

$7,500

Buydown Fee

12%

A+

720+

As low as 1.89%+

A

680-719

As low as 2.89%+

B

650-679

As low as 3.89%+

Terms

Min Loan Amount

Buydown Fee

8%

A+

720+

As low as 2.74%+

A

680-719

As low as 3.74%+

B

650-679

As low as 4.74%+

Terms

Min Loan Amount

Buydown Fee

5%

A+

720+

As low as 3.49%+

A

680-719

As low as 4.49%+

B

650-679

As low as 5.49%+

Terms

Min Loan Amount

Buydown Fee

3%

A+

720+

As low as 4.49%+

A

680-719

As low as 5.49%+

B

650-679

As low as 6.49%+

Terms

up to 240 months

Min Loan Amount

$15,000

Buydown Fee

12%

A+

720+

As low as 2.89%+

A

680-719

As low as 3.89%+

B

650-679

As low as 4.89%+

Terms

Min Loan Amount

Buydown Fee

7%

A+

720+

As low as 4.99%+

A

680-719

As low as 5.99%+

B

650-679

As low as 6.99%+

Temporary Buy Down Program

Terms

Min Loan Amount

Buydown Fee

0% Interest and No Payment

A+

720+

A

680-719

B

650-679

* APR = Annual Percentage Rate. All loans are subject to credit approval. Rates are based on credit worthiness, payment method and loan term. Rates are effective October 3, 2022 and are subject to change without notice.

Non-buydown Loans are eligible for the 0.25% Inspired Checking rate discount. Inspired Checking offer requires monthly electronic direct deposit of $450 or more, an active online banking registration and eStatements and recurring automatic payments from the Inspired Checking Account. Electronic deposits are defined as ACH or Automatic Clearing House deposits. If requirements are not met within 90 days of account opening and maintained, account will be converted to a Basic Checking Account and the Inspired Checking loan rate discount will be removed.

+Payment may be deferred for up to 90 days from loan funding. Interest will accrue during the deferral period. Not all borrowers will qualify.

x0% for the first 6 months of the loan, rate reverts to standard base rate at start of month seven.

y0% for the first 12 months of the loan, rate reverts to standard base rate at start of month thirteen.

z0% for the first 18 months of the loan, rate reverts to standard base rate at start of month nineteen.

Energy Efficient Loans includes Water Conservation program.

Product Details for Solar Product Details for Energy Efficient

 

The CA. SB2, Atkins. Building Homes and Job Act imposes a fee of $75.
UCC-1 filing is required.

Terms

Min Loan Amount

Buydown Fee

0% Interest and No Payment

A+

720+

Max Loan Amount

$80,000

A

680-719

Max Loan Amount

$75,000

B

650-679

Max Loan Amount

$65,000

Terms

Up to 96 months

Min Loan Amount

$2,500

Buydown Fee

2.25%

0% Interest and No Payment

for 6 months

A+

720+

4.49%x

A

680-719

5.49%x

B

650-679

6.49%x

Terms

up to 144 months

Min Loan Amount

$7,500

Buydown Fee

2.75%

0% Interest and No Payment

for 6 months

A+

720+

5.49%x

A

680-719

6.49%x

B

650-679

7.49%x

Terms

up to 240 months

Min Loan Amount

$15,000

Buydown Fee

3.00%

0% Interest and No Payment

for 6 months

A+

720+

5.99%x

A

680-719

6.99%x

B

650-679

7.99%x

Terms

up to 96 months

Min Loan Amount

$2,500

Buydown Fee

4.50%

0% Interest and No Payment

for 12 months

A+

720+

4.49%y

A

680-719

5.49%y

B

650-679

6.49%y

Terms

up to 144 months

Min Loan Amount

$7,500

Buydown Fee

5.50%

0% Interest and No Payment

for 12 months

A+

720+

5.49%y

A

680-719

6.49%y

B

650-679

7.49%y

Terms

up to 240 months

Min Loan Amount

$15,000

Buydown Fee

6.00%

0% Interest and No Payment

for 12 months

A+

720+

5.99%y

A

680-719

6.99%y

B

650-679

7.99%y

Terms

up to 96 months

Min Loan Amount

$2,500

Buydown Fee

6.75%

0% Interest and No Payment

for 18 months

A+

720+

4.49%z

A

680-719

5.49%z

B

650-679

6.49%z

Terms

up to 144 months

Min Loan Amount

$7,500

Buydown Fee

8.50%

0% Interest and No Payment

for 18 months

A+

720+

5.49%z

A

680-719

6.49%z

B

650-679

7.49%z

Terms

up to 240 months

Min Loan Amount

$15,000

Buydown Fee

9.00%

0% Interest and No Payment

for 18 months

A+

720+

5.99%z

A

680-719

6.99%z

B

650-679

7.99%z

Take .25% Off Our Already Low Rates
As a Preferred Partner, your customers can receive a 0.25% rate discount on their Wheelhouse Solar Loan when they do the following:
  1. Open and maintain an Inspired Checking Account with direct deposit of $450 / month
  2. Enroll in Digital Banking and eStatements
  3. Make and maintain automatic loan payments from their Inspired Checking Account
Questions? Contact your representative, Josh Mehrian.

Rate discount valid on new non-buy down solar loans only.

Dedicated Solar Resources

Josh Mehrian
Business Relationship Officer
jmehrian@wheelhousecu.com | 619-297-5772

Preferred Partner Discount Rates
For a complete list of discount rates, terms and payment samples, click the button below.

Contact Josh
Josh Staff 2020

Membership Eligibility

Your customers can easily join Wheelhouse Credit Union and take advantage of our rates by meeting one of the following:

  • Living or working in San Diego County
  • Having a family member who is a Wheelhouse Member
  • Being or becoming a Member of the San Diego Automotive Museum
    • Discounted membership is only $30 a year
    • Use passcode “wheelhouse” for membership discount
  • Being or becoming a Zoological Society member
Balboa Park San Diego
134 Million Kilowatt Hours
of clean energy has been generated by the Solar PV Systems we’ve financed; which is equivalent to:

Greenhouse gas emissions from 20,469 passenger vehicles driven for one year
or
CO2 emissions from104,394,185 pounds of coal burned
or
Carbon sequestered by1,566,602 tree seedlings grown for 10 years

Our Preferred Partner Promise

As one of our most trusted and valued partners, we are dedicated to always providing competitive solar and energy efficient pricing for your customers. We are committed to delivering a streamlined application process and exclusive staff for quick turnaround times on your customers’ applications.

We are thankful for your continued partnership and look forward to achieving many great milestones together.

San Diego’s Leading Solar Financing Lender

Since 1934, Wheelhouse Credit Union has been providing reliable, convenient and cost-effective services to those who live and work in our community.

We are San Diego Made and proud, just like you. And, like you, we are doing our part to help San Diego become more eco-friendly by encouraging the use of solar and financing these projects in a cost-effective manner.

Streamlined process

Our online application is quick and streamlined

Flexible terms

Choose the terms and monthly payments that fit your customers’ budgets

Local financing

Wheelhouse is a trusted, local credit union based in San Diego

Dedicated staff

Work with our experienced, dedicated loan officers

Low rates

As a credit union, we pass our earnings on to our members in the form of low rates and fees

24/7 automated underwriting

No delay on applications—your customers get quick turnaround

Thank you for being a preferred partner

Have feedback or concerns
Call Us

619-278-5772

Interested In Learning More

Disclosures

*APR = Annual Percentage Rate. Rates are based on credit worthiness, payment method and term. Rates effective October 3, 2022. All loans are subject to credit approval. Rates and terms subject to change without notice. Credit Union membership is required.

You are leaving Wheelhouse Credit Union’s website. Links that may be accessed via this site are for the convenience of informational purposes only. Any products and services accessed through this link are not provided or guaranteed by Wheelhouse Credit Union. The site you are about to visit may have a privacy policy that is different than Wheelhouse Credit Union’s. Please review their privacy policy. Wheelhouse Credit Union does not endorse the content contained in these sites, nor the organizations publishing those sites, and hereby disclaims any responsibility for such content.

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