Vikta Offers Unique Financing Tool for Tesla Solar Roof: RenoFi
Tesla Solar Roof Financing
Investing in a Tesla Solar Roof means investing in the most premium roofing and solar option on the market. Leading the industry with aesthetic, technology and functionality— it is important to highlight that this is a first class roofing system and also a full solar system integrated into one. Aside from bringing a luxurious aesthetic, the roofing system also brings the highest weather ratings possible— giving you a 50-60 year lifespan on the roofing system.
With this serving as a premium solar and roofing option, Vikta is excited to partner with RenoFi to offer a unique financing method to make it easier than ever to bring clean energy to your home. Here is a brief overview on the benefits and unique model RenoFi offers our clients, financing up to $500,000 for your Tesla Solar Roof project.
Maximize Borrowing Power with RenoFi Loans
RenoFi Loans let you borrow based on your home’s future value after the solar installation. This innovative approach allows you to:
Increase your borrowing power by up to 11x compared to traditional home equity loans.
Keep monthly payments affordable, without requiring existing home equity or high-interest personal loans.
Borrow up to 90% of your home’s after-renovation value.
Whether through a fixed-rate home equity loan or a flexible HELOC, RenoFi makes financing a Tesla Solar Roof seamless and cost-effective compared to traditional financing.
Here are the basics of what you need to know—
RenoFi Home Equity Loan:
Loan amounts from $20k to $500k
Same low fixed rates as traditional home equity loans
Term up to 20 years
Ability to borrow up to 90% of the after renovation value
Full loan amount available at closing
RenoFi Home Equity Line of Credit:
Loan amounts from $20k to $500k
Variable rates
10 year interest-only period, followed by 20 year amortization
Ability to borrow up to 90% of the after renovation value
Line of credit that can be drawn down & paid back at your leisure for 10 years
No Refinancing, No Hassle
Unlike other financing options, RenoFi Loans:
Don’t require refinancing your existing mortgage.
Avoid the complexity of construction loans or FHA/203k loans.
Offer full loan amounts at closing, so you can get started right away.
Save More, Sooner
By financing your Tesla Solar Roof or new roof + solar panels with Vikta and RenoFi, you can:
Reduce upfront costs and start saving on energy bills immediately.
Benefit from the 30% ITC Federal Solar Tax Credits, which is a dollar for dollar reduction in your tax liability.
Increase your property value while cutting long-term utility expenses.
Take the Next Step
RenoFi and Vikta make it easier than ever to turn your solar vision into reality. With tailored financing options, increased borrowing power, and affordable monthly payments, you can achieve a sustainable home that saves you money. One additional benefit with this being a rennovation financing model, you can wrap other home improvements into the loan such as new appliances, air conditioner, and any other home improvements to keep it all within one loan.
Take the first step today—contact us at 512-843-3931 or at sales@viktaenergy.com to explore your options or use the RenoFi Loan Calculator to see how much you could save with your solar investment.