How It Works

From qualification to closing, Hoper follows a clear process

Hyrum starts by confirming the file, then helps the buyer and lending team understand each step before funds are released at closing.

The Foundation

The FHA Solar and Wind Technology Policy

Policy structure allows financing solar into the loan while preserving program mechanics for buyers.

Policy-compliant structure
Home and owned solar system are combined into one FHA loan in a compliant structure.
No second lien
The structure is not secondary financing, so no second lien is required.
Rate preserved
The buyer's FHA rate remains aligned with their standard FHA qualification.

Process

The client brief calls for a practical, transparent workflow buyers and loan officers can understand quickly.

1. Confirm qualification with Hyrum
Review lending options, credit score, DTI confirmation, property state, and buyer goals.
2. Complete pre-closing education
Complete the required pre-closing education course or an approved HUD alternative where available.
3. Money is sent to title
Once the file is ready, assistance is prepared and sent to title for closing coordination.
4. Funds release at closing
Buyer can use eligible funds as needed for DPA, debt payoff, closing costs, rate buydown, or reserves.
5. Complete post-closing education
A post-closing financial education course supports long-term stability after the purchase.
6. Annual surveys by text
Simple annual survey follow-ups help track program outcomes without adding complexity for the buyer.