Frequently Asked Questions
What products can I lease through Microf?
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HVAC Systems, Heat Pump Hybrid Water Heaters, Tankless Water Heaters, and Tank Water Heaters.
How do I apply for Microf financing?
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Through an authorized contractor or via an application link provided by your contractor.
What are the qualifications to be approved?
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Homeownership (land and home), active U.S. bank account, no active bankruptcy, and verifiable source of income.
Can I pay off my lease early?
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Yes! Microf offers early purchase options that allow you to save money by paying off the lease early.
What if I sell my home?
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Contact Microf to discuss options, including an early buyout or transfer options.
Can I offer Microf alongside other financing options?
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Yes. Microf can be offered alongside other financing providers to maximize customer approval rates.
Are there contractor fees?
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No. Microf does not charge contractors any fees to offer financing.
What equipment can I offer through Microf’s lease-to-own program?
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Microf leases the following assets through its LTO program for consumers with challenged credit:
- Gas furnace systems
- Heat pump systems
- AC systems
- Mini-split systems
- Gas furnace only
- Boiler
- AC/Heat Pump condenser only
- Electric air handler only
- Tanked water heaters
- Tankless water heaters
Can customers pay off early?
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Yes, customers can take advantage of Early Purchase Options (EPO) to save money by buying out early.