Financing Info

Estimated Monthly Payments

monthly

These payments are for example purposes only.

Lease-purchase options are available for primary or vacation/secondary homes, but unavailable for non-owner occupied investment/rental properties. Minimum lease amount is $2,500.

Financing Options from GreenSky
Finance Your HVAC Project
1209 - Reduced Rate 9.99% for 120 Months
1187 - Reduced Rate 9.99% for 84 Months
Financing for GreenSky© credit programs is provided by federally insured, federal and state chartered financial institutions without regard to race, color, religion, national origin, sex or familial status. NMLS #1416362; CT SLC-1416362; NJMT #1501607 C22

Lease Purchase F.A.Q

Lease Purchase F.A.Q
    What is my interest rate?

        The Microf agreement is a month-to-month lease with a purchase option, so interest rates do not apply. 

        Microf’s cost of lease services is competitive with other consumer finance options and varies depending on

        the options selected. The cost of lease services can be evaluated by using the “payment estimator” found on

        www.microf.com. Microf also offers discounts that can help reduce the cost even further.

    What discounts are available?

        Microf offers referral, ACH/ direct debit, and early payoff discounts.

    Can I pay off my lease early? Is there a penalty?

        Yes, Microf customers can exercise their Early Purchase Option at any time. In fact, the early purchase option

        price reflects a significant savings compared with the total of payments to ownership.

    How does the Early Payoff Option work?

        The Early Purchase Option varies by state, so refer to your Rental Purchase Agreement or contact a Microf

        representative to determine the applicable early purchase option price.

    Why is my checking account information needed on the application?

        Microf uses several factors in making its decision to approve or decline an application. Verifying that the

        applicant has an active checking account and that the account is in good health is one of those factors.

    When is my first payment due? How do I make that?

        The 1st monthly rental payment is due on or before the Rental Purchase Agreement Date, which is also the

        Installation Dates.  That payment is made to Microf and electronically taken via credit, debit, reloadable

        debit, etc. 

    Can I make a capitalized cost reduction (Down payment)?

        A capitalized cost reduction cannot be made in CA, IN and WV. Any capitalized cost reduction will be made

        directly to the contractor performing your installation and will act to reduce the cost of lease services.

    Is there a minimum amount that Microf will approve?

        Yes. The minimum amount Microf will approve is $2500. The minimum amount Microf will approve in CA, CT,

        IA, ME, NY, OH, PA, VT, and WV is $3,000. Microf will only consider residential HVAC systems or Gas Furnace

        replacements so the minimum rarely is a factor. The maximum approval amount is determined by Microf in

        our sole discretion.

    Is there a credit check? Does this impact my FICO score?

        Microf does not use your FICO score to determine eligibility. Your FICO score is typically reported by large

        consumer reporting agencies such as Equifax, Experian, and TransUnion. Microf does use scoring models

        provided by other consumer reporting agencies and we do report positive/negative payment histories to

        them.