FAQ Title Label
There are many loan products in the marketplace, why should I recommend REEL to my customers?
FAQ Property Type
The REEL program offers some benefits not found in any other loan products.
- Ability to finance 100% of the project costs
- No lien against the property
- Access to lower rates specifically designed for REEL
- Product choices with no loan fees, closing fees, processing or underwriting fees
- Integrates with investor-owned utility rebates/incentives to give greater savings
- Administered by the State of California
- Developed in partnership with the investor-owned utilities Pacific Gas and Electric, Southern California Edison, SoCalGas and San Diego Gas & Electric
- Flexibility to allow 30% of the financed amount to fund other home improvements