Existing Borrowers

Sale of Property or Change in Utility Account Holder:

As required by your Participant Agreement, you must inform HGIA of the proposed sale of your property or proposed change in your Utility Account, prior to these changes taking effect.  Please email [email protected] and include the full name and contact information of the current electric utility Account Holder and the proposed Buyer or proposed New electric utility Account holder(s).  Please also provide an estimated date of the sale of your property or date that the account holder will be changed.

Please allow 7 – 10 days for processing.

For requests to terminate UCC financing statements for loans that have been paid in full, please email your request to [email protected] with the name of the borrower(s) in the email subject and state the reason for the request (eg. loan paid off etc.).

If you are planning to refinance an existing mortgage or obtain a home equity line of credit, please email your request to [email protected], with the following, as applicable:

 A. If the reason is related to a mortgage refinancing, please also include in the email the following:

  1. Uniform Residential Loan Application (Form 1003 or similar)
  2. Credit reports of all applicants from the application in (a)
  3. Preliminary title report
  4. The name and contact information of the escrow team that is handling the transaction closing of the mortgage refinance
  5. The scheduled closing date of the refinance

HGIA will review its existing solar loan and underwrite the proposed new mortgage to determine if it will be able to approve the request or if HGIA’s solar loan will need to be paid off with this additional financing.  Please allow 7 – 10 days for processing.

B.  If the reason is because you are applying for a home equity line of credit, please also include the following:

  1. HELOC Application
  2. Credit reports of all HELOC applicants
  3. Preliminary title report (if available)
  4. The name and contact information of the lender that is handling the transaction closing of the HELOC
  5. The scheduled closing date

HGIA will review its existing solar loan and underwrite the proposed new HELOC to determine if it will be able to approve the request or if HGIA’s solar loan will need to be paid off with this additional financing.

Please allow 7 – 10 days for processing.

C.  If the reason is related to loan payoff, please also include in the email the following:

  1. Borrower’s authorization if the request email is coming from a party other than the borrower
  2.  Anticipated pay off date

Please allow 7 – 10 days for processing.

D. If the reason is related to a loan assumption, please also include in the email the following:

  1. Sales Agreement or Purchase Contract
  2. Uniform Residential Loan Application (Form 1003 or similar)
  3. Credit reports of all applicants from the application in (C)
  4. Estimated Closing Date
  5. Escrow Contact Information
  6. Buyer’s Contact Information (if available)

HGIA will review the existing loan and underwrite the proposed new mortgage to determine if it will be able to approve the request or if HGIA’s solar loan will need to be paid off with the sales transaction.  Please allow 7 – 10 days for processing.