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Residential Energy Efficiency Loan (REEL) Program by Matadors
Lender: Residential Energy Efficiency Loan (REEL) Program by Matadors
Website: www.matadors.org
Email: energy@matadors.org
Phone: (818) 993-6328
Product Description
The Residential Energy Efficiency Loan (REEL) Program is offered through Matadors Community Credit Union, a CHEEF Participating Lender. It offers financing to pay for eligible energy efficiency projects to qualified single-family residential customers throughout California. Up to 30% of the loan can be used to pay for other home improvements, such as water-saving projects and remodeling!
Miscellaneous Information
The property must receive gas and/or electric service from Pacific Gas and Electric, Southern California Gas, Southern California Edison or San Diego Gas & Electric. Loan may finance single measures or multiple measures.


To find a Qualified Contractor near you, visit https://myenergy.energyupgradeca.org/contractor/search. Looks for contractors with the "CHEEF Residential" logo.
Verified by Lender on: 9/12/2016
The data provided is for informational purposes only. For actual loan terms specific to borrowers, contact the lender directly.
Property Types
Sponsor:
CHEEF
Financing Type
Unsecured
Financing & Payment Information
Rate (APR):
5.99% - 7.99%
Term (years):
5, 10, 15 years
Minimum Amount:
$2,500
Maximum Amount:
$50,000
Fees:
None
Down Pmt. Required:
No
Re-pmt. Method:
Off-bill loan (Direct to Lender)
Pmt Frequency:
Monthly
Pre-pmt Penalty:
No
Allowable Projects
Funds Energy Efficiency projects
Funds other energy projects
30% of the loan may finance other home improvements, including water efficiency and demand response projects. Solar may not be
Funds other energy-related projects
Alterations necessary to complete the energy efficient project may be included.
Funds other non-energy projects
30% of the loan may finance other home improvements, including water efficiency and demand response projects.
Other Program Requirements
Contractors
Must be program-approved
Financing Approval Time
Within 24 hours - Preliminary
Equity in Property Needed
No

Other Products By This Lender

Lender: Matadors Community Credit Union

Website: www.matadors.org
Contact Email: solar@matadors.org
Contact Phone: (888) 993-6901
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