“The Solar Industry Needs My Help”

“The Solar Industry Needs My Help”



I have had home improvement contractors referring clients to me on a regular basis. That is nothing new. Now one of my clients who are in the solar financing business has reached out for assistance.


Being a mortgage broker, we are fortunate to have lenders available to us that will do mortgages with credit scores under 640.


The truth is there are many reasons for lower credit scores and there are also many reasons where bad things happen to good people. It is always a mission of mine to assist these folks to be able to get a mortgage:


Hey there,

I have a couple clients that frequently have customers with some credit challenges and right now in solar financing its just not available for anyone under 640 FICO or other credit challenges.

My thought is that perhaps these customers are also in mortgages with higher rates, and they could work with you on FHA refinances where they could do solar/energy improvements rolled in.

If is OK, I want to start referring them to you.


“Who else do you know that needs my help?



Image courtesy of Pixomar/freedigitalphotos.net

Subscribe to my blog via Email:


Enter your email address:

Delivered by FeedBurner


Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com



Like me on facebookfollow me on twitterConnect with me on linkedin

Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.

Comment balloon 25 commentsJoe Petrowsky • April 22 2016 06:32AM


If anyone can help these people, it would be you Joe.....hope it's possible.

Posted by Roger D. Mucci, Lets shake things up at your home today! (Shaken...with a Twist 216.633.2092) about 4 years ago

Of course you can help!

I find it interesting that solar financing has its own category now. A lot of people are jumping on solar and it's starting to be a wrinkle in home purchasing - does a new buyer really want to sign up to take over 18 years of payments? 

Posted by Kat Palmiotti, The House Kat (406-270-3667, kat@thehousekat.com, Broker, Blackstone Realty Group - brokered by eXp Realty) about 4 years ago

what a wonderful opportunity for everyone - the homeowners will get lower rates AND solar, you will have more business, and the solar industry will expand! great!

Posted by Lise Howe, Assoc. Broker in DC, MD, VA and attorney in DC (Keller Williams Capital Properties) about 4 years ago

Didn't realize that the solar industry now has its own classification...interesting!

Posted by Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400, Long Island Home and Condo Specialists (The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803) about 4 years ago

Hi Joe.  Sounds like a great source of new business for you as well as helping the environment.

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) about 4 years ago

Good morning Joe. Looks like a new avenue of lending possibilities is about to open for you! Enjoy your day!

Posted by Wayne Martin, Real Estate Broker - Retired (Wayne M Martin) about 4 years ago

It sounds like a new income stream for you and it sounds like you'll ask the right q's to help determine if it's right for them.

Posted by Debbie Gartner, The Flooring Girl & Blog Stylist -Dynamo Marketers (The Flooring Girl) about 4 years ago

Good morning Joe Petrowsky ,

Sounds like a win win for new homeowners, the solar industry and your business, all are winners!

Posted by Dorie Dillard CRS GRI ABR, Serving Buyers & Sellers in NW Austin Real Estate (Coldwell Banker United Realtors® ~ 512.750.6899) about 4 years ago

Help in mortgages is always a great word to hear from a lender, Joe...you set the stage well.

Posted by Ginny Gorman, Homes for Sale in Southern RI and beyond (RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate) about 4 years ago

Good morning Joe,

If it is possible and works for you and the client go for it.

Make yourself an astonishing day.

Posted by Raymond E. Camp, Licensed Real Estate Salesperson Greater Rochester (Howard Hanna Real Estate Services) about 4 years ago

Your creative thinking is just what these folks need Joe!

Posted by Joanna Cohlan, Designing, Decorating & Staging Westchester Homes (Fresh Eyes For Your Home) about 4 years ago

Good morning Joe. The breath of your network is incalculable. Well done.

Posted by Sheila Anderson, The Real Estate Whisperer Who Listens 732-715-1133 (Referral Group Incorporated) about 4 years ago

Joe, there are many homeowners contemplating installing solar to help with utility bills.     

Posted by Joan Cox, Denver Real Estate - Selling One Home at a Time (House to Home, Inc. - Denver Real Estate - 720-231-6373) about 4 years ago

All kinds of situations that can create lower scores...doesn't mean that they are bad people.

Posted by Sally K. & David L. Hanson, WI Real Estate Agents - Luxury - Divorce (EXP Realty 414-525-0563) about 4 years ago

Thanks, Joe, for sharing some of the elements of your successful referral program.

Posted by Roy Kelley (Realty Group Referrals) about 4 years ago

Good morning, Joe -- opportunity continues to knock.    

Posted by Michael Jacobs, Los Angeles Pasadena 818.516.4393 about 4 years ago


You are no doubt focused on a abundance of opportunities...and you get them.  Happy Tuesday, A

Posted by Ron and Alexandra Seigel, Luxury Real Estate Branding, Marketing & Strategy (Napa Consultants) about 4 years ago

Of course Joe Petrowsky who else should he send them to?

Bill Roberts

Posted by Bill Roberts, "Baby Boomer" Retirement Planner (Brooks and Dunphy Real Estate) about 4 years ago

Hi Joe - where there is a will I am sure that you will find a way.  Hope to see you next week at Dagny's.

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) about 4 years ago

Joe it can also be tricky to do a loan on a home with solar panels later on.  They need to make sure the financing of the solar panels does not prevent them from being able to refi later, or from a Buyer obtaining financing to purchase the house.

Posted by George Souto, Your Connecticut Mortgage Expert (George Souto NMLS #65149 FHA, CHFA, VA Mortgages) about 4 years ago

I see more opportunity for you to help people who cannot get help from others. I echo what George Souto has to say about the solar panels as well.  I am seeing issues with resales of homes with solar panels in my area.

Posted by Kathleen Daniels, San Jose Homes for Sale-Probate & Trust Specialist (KD Realty - 408.972.1822) about 4 years ago

Like George Souto mentioned, lots of gray areas with solar contracts --- with one that is friendly for future residents and refinances, a great big YES to this idea. For the companies using solar panels to hold a home hostage....run!

Posted by John Meussner, #MortgageMadeEasy Walnut Creek, CA 484-680-4852 (Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,) about 4 years ago


You are a referral magnet. We have spoke to a number of homeowners that have a lien on there home for solar installations.

Good luck and success.

Lou Ludwig

Posted by Lou Ludwig, Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC (Ludwig & Associates) about 4 years ago

Your referral network just keeps expanding. This is another excellent source for the future.

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) about 4 years ago

Smart idea to call you Joe, I am sure you will be able to help his clients.

Posted by Bob Crane, Forestland Experts! 715-204-9671 (Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities) about 4 years ago