Loan — Wisetack
Wisetack is the gap-loan specialist. Use it when the homeowner is approved for most of the deal on another loan and you need to cover a $2K–$4K shortfall.
Best use case: split loans
Section titled “Best use case: split loans”The classic scenario:
Homeowner is approved on Green Sky for $15,000. The deal is $17,500. You need to cover the remaining $2,500.
That $2,500 goes on Wisetack. The homeowner gets two loans, but the process is fast and clean.
Approval process
Section titled “Approval process”The application is famously simple:
- Text the homeowner a link
- They fill out the application: date of birth + Social Security number
- Takes about 10 seconds
- Approval decision returns immediately
- Funded next day
Rates are higher than Green Sky or Synchrony unless the homeowner has very strong credit. This is the trade-off for the speed and simplicity.
For small gap amounts, the higher APR matters less because the principal is small.
When to use Wisetack
Section titled “When to use Wisetack”| Scenario | Use Wisetack? |
|---|---|
| Homeowner approved on Green Sky for less than the deal needs | Yes — split loan |
| Need a quick add-on for upgrades after initial approval | Yes |
| Strong credit, small gap | Yes |
| Primary loan for a $20K+ deal | No — use Green Sky |
| Homeowner wants no credit hit | No — use Lease |
| Decommissioning + low credit + small deal | Use NYSERDA / EFS instead |
Why this matters
Section titled “Why this matters”Reps often lose deals because the primary loan came back $2K–$3K short and they didn’t know what to do. Wisetack closes that gap in 10 seconds — the deal moves forward.