Houtan HormozianExpert on Real Estate, Finance and PropTech

Buy a Home and Go Solar with One Loan FHA Simply Solar Explained

27 Jun 2025 · 1 min

Watch on YouTube

1:05

The video explains the FHA Simply Solar program, which allows homebuyers to finance both the purchase of a single‑family home and a new solar‑panel installation with a single FHA mortgage. It highlights key financial incentives—including up to $13,000 in earned‑income assistance for down‑payment, closing costs, or reserves, a 30% federal tax credit that can return roughly $20,000, and an immediate boost to home value—while emphasizing that the solar system must be newly installed and the property purchased (not leased). The speaker outlines eligibility requirements, the simple three‑step process (contact an FHA‑approved lender, complete borrower training, select an installer), and ends with a call to action to message or visit the website for more information.

Chapters

Thinking about going solar while buying a home? Here's a smart way to do both at the same time. The FHA Simply Solar program lets you finance both your home and solar panel installation in one FHA mortgage, often with down payment assistance. You could receive up to $13,000 in earned income to use for your down payment, closing costs, or reserves, plus a 30% federal tax credit, which means up to $20,000 back. And since solar is paid upfront and included in your mortgage, it can increase your home's value instantly. Instead of dealing with separate loans or big upfront solar costs, this program combines everything into one payment. Simple, smart, and energy efficient. To qualify, the property must be a single-family residence. The solar installation must be new, and it must be a purchase, not a lease. Getting started is simple. Talk to an FHA-approved lender, complete the borrower training, choose your installer, and get approved. Ready to power your next home with clean energy? Message us today or visit our website to learn more about FHA Simply Solar.