Applying for a Solar Water Heater Loan - Individual

Before applying for the Solar Water Heater Loan, you should ensure that you meet the minimum requirements.  To know if you meet the minimum requirements you should answer the following questions at the time of your application:

  • Are you applying to receive your first Solar Water Heater Loan?
  • Do you have a registered title for a residential property or sufficient funds in your NHT Contribution Accounts to use as security for the loan?
  • Do you earn an income that allows you to repay the loan?  (click here to check with our Mortgage Calculator)
  • Are you now contributing to the NHT?
  • Have you made at least 52 weekly contributions, 13 of which were made during the last 26 weeks?
  • Has your mortgage been free from arrears in the last 12 months (if you are currently a mortgagor)?
  • Are you able to account for your contributions and have paid up, with interest, any outstanding contributions due in the last 3 years (12 months if you are a Voluntary Contributor earning less than $7,500)?
  • Are you between the ages of 18 and 65 years?

If you answer ‘Yes’ to all of the questions above then you would have met the minimum requirements for applying.  You should then contact your NHT Office for a list of the documents that you will need for your loan interview. Once you have all the required documents and information you should call and schedule an appointment with us for your loan interview.