Financing through Admirals Bank: Renewable Energy Lending

Morton Solar offers financing through Admirals Bank in order to make investing in solar affordable for all home and business owners. Admirals Bank provides loans specifically for renewable energy projects, making them experts in the field. They provide safe loans and excellent customer service to walk you through each step.

Own your investment:
While leasing may be the more affordable option in the short-term, owning your system allows you to reap the full savings of your investment. By owning your system, you are also eligible for renewable energy credits, tax credits, rebates and other incentives available.

Interest Rate:
Your interest rate is based on your credit score, ranging between 4.95-9.95%

Loan Size:
Customers may borrow up to $40,000:
•$25,000 FHA Title I Home Improvement loan
•$15,000 unsecured term loan Plus (18 month with zero principal or interest)

How do I get started?
1. Visit Admirals Bank online to learn more
2. Apply over the phone, online or complete the application and send it in
3. Pre-qualify and get official approval by proof of employment and income
4. Receive your funds within 11-12 business days, before your installation begins


Why solar and why now?

There is currently a 30% federal tax credit for investing in renewable energy but it expires in 2016, act now!

High-Quality Products:
• Panels have a 25-year warranty, with an average 85% output rate at end of warranty.

• Adds value to your property

»» Click here to see how solar energy can increase your home's value!


Earn extra income:
• Sell your SRECs (Solar Renewable Energy Credits). Currently, Indiana and Kentucky residents can sell their SREC’s to Ohio, which has a ‘Renewable Energy Standard’, or mandates which required the use of a certain percentage of renewable energy by a certain date. Indiana SREC’s can currently be sold to Ohio and the current rate is $18 per MWH. These rates do fluctuate and are based on market supply and demand.


»» Get a quick estimate!