Since a solar loan is attached to you as an individual, and not secured directly by your home, your loan is not automatically canceled in the event you sell your house or move. This means the loan is not transferrable to another person. Your solar loan will continue to accrue interest and be payable on a monthly basis. Borrowers typically use the proceeds from the sale or refinancing to pay down any outstanding balance on their solar loan without penalty. Since there is a UCC-1 filing associated with the solar system attached to your credit file, lenders of a new home may require that your old solar loan be repaid in full.