I'm planning to sell my house soon, but I still have a Dividend Finance Solar Loan. What'll happen to the loan?

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Xolvie
Xolvie Resolution Specialist March 28, 2024 4:59 pm

When selling your house with a Dividend Solar Loan, two main scenarios can occur.

Before assuming the loan, the buyer needs to fulfill Dividend Finance's eligibility criteria, go through a credit check, and obtain approval from Dividend. By following this process, you can expedite the closing and increase the attractiveness of your property to potential buyers.

On the other hand, if the buyer decides against taking on the loan, you will be responsible for paying it off before the completion of the sale. Dividend Finance can provide you with the necessary information regarding the payoff amount. This includes details about the remaining balance and any accrued interest. You can then use the proceeds from the sale of your house to cover this amount.

If you've found these suggestions useful, comment to let us know.

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