Unsecured
Finance Vendor Details
Foundation Finance Standard Unsecured Loan
Lender:
Foundation Finance Company
Contact Information
Website:
http://foundationfinance.com/consumers/
Phone: (855) 241-0024
Email: custservice@foundationfinance.com
Phone: (855) 241-0024
Email: custservice@foundationfinance.com
Property Types
Program Description
Foundation Finance offers financing for homeowners with prime, near-prime and subprime credit. Financing is offered through contractors who are approved Foundation Finance contractor dealers. Special loan offerings such as same-as-cash, installment loans, reduced interest rates, and deferred payment may be available to homeowners through some contractor dealers. There are no restrictions on which home improvement products may be financed. Renovations and other non-energy home improvements may be financed.
Verified by Lender on: 9/20/2016
The data provided is for informational purposes only. For actual loan terms specific to borrowers, contact the lender directly.
Types of Financing
Financing & Payment Information
Term (years):
10
Minimum Amount:
$1,000
Maximum Amount:
$35,000
Fees:
None
Money Down Required:
No
Repayment Method:
Off-bill loan (Direct to Lender)
Payment Frequency:
Monthly
Pre-Payment Penalty:
No
Allowable Projects
Funds Energy Efficiency projects
Funds Water Efficiency projects
Funds Renewable Energy projects
Funds Demand Response projects
Funds other energy projects
Funds other energy-related projects
Funds other non-energy projects
Other Program Requirements
Contractors
Must be program-approved
Financing Approval Time
Immediate
Equity in Property Needed
No
Financial Products
Lien type | Unsecured loan |
Re-Payment Method | Off-bill loan (Direct to Lender) |
Property Types | |
Automatic payment option available | Yes |
Requires utility incentive program participation | No |
Must use Program's pre-approved contractors | Yes |
One-time fees (% of total financing) | |
One-time fees (fixed) | |
Ongoing fees | |
Financing Amount | $1,000 - $35,000 |
Financing Term (yrs.) | 10 year(s) |
Rate | 17.99 - 17.99% |
Money Down Required? | No |
Credit Enhancement Available | Yes - Other |
Transferrable | No |
Prepayment Penalty or Fee | No |
Tax Deductibility | No |
Minimum Credit Score Required | |
Equity in Property Required | No |
Debt to Income Ratio Required | Yes |
Involuntary Property Liens Allowed | Yes |
Foreclosures Allowed | |
Bankruptcies Allowed | |
Mortgage Lender Consent/ Acknowledgement | No |
Must be current on property taxes | No |
Must be current on mortgage | Yes |
Loan to value | |
Debt Service Coverage Ratio | No |
Financing Approval Time | Immediate |
Projected Energy Savings/Cash Flow is considered | No |
Must be current on utility bill | No |
Upgrades Covered
No Results
FAQ's
Through our Contractor Marketplace, you can search for contractors and find the right fit for your project. You find out details about the contractor such as what types of certifications they have and where they are located. You can also directly find reviews when available. From there it is easy to connect and get started with your projects. A quality installation of equipment increases the benefits and efficiency of your new equipment.