FHA HOPER Loan Program: Affordable Homeownership with Solar Energy

Would you be interested in $25,000 to help with the purchase (or even refinance) of your home? And help making the home more energy efficient?

The HOPER Loan Program (Home Ownership, Promotion, Education, & Research) is designed to make homeownership more accessible while promoting renewable energy. Key features of this program include:

• Up to $13,000 in financial assistance for down payments and closing costs.
• Financing for a fully owned solar energy system—eliminating the need for separate or high-interest solar loans.
• Eligibility for the Federal Solar Investment Tax Credit (ITC), which covers 30% of the solar system cost, providing substantial savings (estimated $10k to $12k).

Whether you’re a first-time homebuyer or looking to refinance, the FHA HOPER Loan Program offers a path to energy-efficient, affordable homeownership.

Agents and lenders are often wary of solar, but I like this program for a number of reasons:

1) there is no lien placed on the home – the solar is paid for in full at closing,

2) no high pressure sales – solar consulting is provided by pre-screened professionals,

3) little to no “mark up” to the interest rate,

4) education is mandated before and after closing to promote financial responsibility, and

5) the financial assistance is NOT paid back and can be used for anything including debt payoff.

Please reach out if you have questions!