We work at your pace. Longview Community Bank’s financing process from application to funding can be completed quickly - as soon as 15 business days! However, prequalifications are valid for 120 days following the date of application.
Financing Options
Solar Tax Credit Option
- Covers eligible project costs for federal tax credit (up to 30%) and/or state incentives (such as Solar Renewable Energy Credits)
- Up to 24-month single-payment loan
- monthly interest payments with pay-off at maturity
- For federal tax credit details, see Section 25D of the Solar Investment Tax Credit or consult your tax advisor
Residential Solar Option
- Finance up to 100% solar project cost
- Up to 20-year, 7 year Adjustable Rate Mortgage
- When combined with the Solar Tax Credit Option, it finances the remaining portion of your solar project cost.
| Solar Tax Credit | Up to 18 months | 10.5% |
| Residential Solar | Up to 20 years | 10.5% |
APR = Annual Percentage Rate. Rates as of January 1, 2024 and are the lowest possible rates for qualified buyers. 10.726% APR. Borrowers are subject to the interest rate at the time of loan closing. Program includes a one-time $750 origination fee. All loan programs, rates, terms and conditions are subject to change at any time.
Apply Online or via Phone Today
Our Process
Application
- Complete online at longviewcb.com or call 217.792.5211
Review and Decision
- Longview Community Bank contacts applicants within 24 business hours
Document Submission
- Verifies income and applicant identity
Loan Closing
- Close on one or both loans hassle free with one of our qualified lenders
Funds Delivered
- Funds received within 1-3 business days following closing
1st Payment Due
- Up to 45 days following closing
- Determined by borrower
