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Below you will find a Solar Assumption Checklist which includes items you will need to provide or information you will need to make available once you make your request.
A minimum of 5 business days from final approval is needed prior to close of escrow to prepare the solar assumption documents.
You can download and print the solar assumption checklist
☐ Copy of Purchase Agreement
☐ Copy of new Note verifying balance and payment of new mortgage
☐ Current paystubs for all borrowers
☐ Establish Membership
☐ Copy of Closing Statement (when selling a home concurrently)
☐ Name of Escrow Co., Escrow #, contact with phone number, and Close of Escrow date**
☐ $150 assumption fee
☐ Estimated mortgage payment on new purchase loan
☐ Final payment and interest due from seller a full 5 business days prior to close escrow date
☐ Signed agreement for amount to be assumed
☐ Escrow Company
☐ Escrow #
☐ Escrow Officer
☐ Escrow Officer Email
☐ Escrow Officer Contact Phone Number
☐ Close of Escrow Date
Please obtain copy of Note from Seller for the term and rate you are assuming.