The Solar Mortgage is BPI's financing solution designed to support homeowners in acquiring solar panels for their residences, promoting sustainable and eco-friendly energy solutions.
Top up for extra funds to solar power your home.
![Access to additional funds](/content/dam/bpi/icons/feature-icons/Feature-cash.png)
Access to additional funds
Top-up your existing housing loan to power your home with cutting-edge solar panel
![Convenience](/content/dam/bpi/icons/icon_housingloan.jpg)
Convenience
Use your existing collateral to fund your solar mortgage.
Streamlining your finances
Consolidate your loans into one account to enjoy single monthly payment.
Features | |
---|---|
Minimum Loan Amount | Php 400,000 |
Minimum Loan Term | 1 year |
Maximum Loan Term | Up to 20 years |
Loan Purpose | Acquisition of Solar Panels |
Terms and conditions
1. To be eligible to top-up your existing housing loan, you must have a minimum paid-up amount of at least Php 400,000.
2. The loan top-up may be consolidated under a new housing loan account along with the existing housing loan instead of a separate account.
3. One or multiple existing loan accounts can be consolidated.
4.Submission of proof of loan purpose is required.
Use your car as collateral to fund your solar mortgage.
![Faster processing](/content/dam/bpi/icons/feature-icons/FI_%20convenient-monitoring.png)
Faster processing
Expedite the approval process by leveraging on your fully paid car as collateral.
Lower interest vs. personal loan
Enjoy cost-effective financing with lower rates compared to traditional personal loans.
![Convenience](/content/dam/bpi/icons/feature-icons/Feature-checkmark.png)
Convenience
Enjoy a seamless and hassle-free financing experience to solar power your home.
Features | |
---|---|
Minimum Loan Amount | Php 200,000 |
Minimum Loan Term | 1 year |
Maximum Loan Term | Up to 5 years |
Loan Purpose | Acquisition of Solar Panels |
Terms and conditions
1. Car must not be older than 5 years upon loan maturity.
2. Up to 5 years term for new loans.
3. For the existing loans, the remaining term of the existing loan should be at least 20% of the original term.
What is Solar Mortgage?
How does Solar Mortgage work?
There are several Housing Loan options if you want to avail of a Solar Mortgage to help fund the acquisition of solar panels:
Top-up Equity Loan
This grants an additional housing loan for the acquisition of solar panels, with the option to consolidate it under a single new housing loan account along with the existing housing, instead of a separate account.
Property Equity Loan
This enables clients to use their house as collateral to secure a loan for the acquisition of solar panels.
Multi-Purpose Loan
This enables clients to use their cars as collateral to secure a loan for the acquisition of solar panels.
Mortgage Switch
This enables clients from other banks to transfer their housing loan to BPI, with an option to avail of BPI’s All-In Financing payment option to enjoy zero upfront fees, and other Housing Loan promos.
Do you require proof of loan purpose to avail of Solar Mortgage?
Yes, it would be a requirement to submit a quotation of the solar panels from your provider.
Does BPI have accredited solar panel providers?
As of the moment, here are the accredited loan referrers of BPI for Solar Panels:
- Helios
Who can I contact for any concerns or inquiries?
If you need any assistance, you may reach us through these channels.
You may also send us a message or contact our 24-hour BPI Contact Center at (+632) 889-10000.
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Eco-Build Financing
![A young family having fun in the kitchen](/content/dam/bpi/beta-photos/loans/content_card_property_equity_loan.png)