Handoff + Acorn Financing FAQ
Easily offer project financing to your clients through Acorn Finance, directly from your Handoff proposals.
What is Acorn Finance and how does it work with Handoff?
Acorn Finance is a financing platform that connects homeowners with loan offers from multiple lenders. Through our integration, you can offer financing options directly in your proposals—no paperwork or setup required.
Are there any dealer fees for contractors?
No. There are zero dealer fees. You get paid like any other job, and the homeowner repays the lender over time.
Who is the loan agreement actually between?
The loan is between the homeowner and Acorn’s lending partners. You are simply advertising the financing option—you’re not part of the agreement.
Is financing cost added to the total proposal price?
No. Your proposal total stays the same. Interest is included in the homeowner’s monthly loan payment, but not added to your quote.
Is this like a typical loan?
Yes. It works like a standard loan. If a homeowner borrows $30k, they’ll repay that plus interest—just like they would with a car or home improvement loan.
Are monthly payments shown to the homeowner?
Yes. Your proposals will show estimated monthly payments when financing is enabled, so clients can see how affordable the project is.
How do I start offering financing to my clients?
Enable Acorn Finance from your Integrations Page. You might have Financing auto-enabled on your account already. Simply navigate to your Integration via General Settings, and look for Homeowner Financing to enable it.
Regional Availability
Although Acorn Financing is available in many areas, there are specific limitations:
Not Available: Financing is not offered in Massachusetts (MA), Nevada (NV), U.S. territories, or locations outside the United States.
Available Locations: Financing is generally available in all other U.S. states, including states like Oregon.
Access Your Account Settings: Log into your account and navigate to the Settings section.
Enable Homeowner Financing: Turn on the option labeled Enable Homeowner Financing. Once activated, a financing banner will appear on your estimates and invoices. This financing banner allows your clients to pre-qualify via a soft credit check, ensuring no impact on their credit scores.
When do I get paid?
Once the homeowner is approved and selects a lender, the loan funds are sent directly to the homeowner as a lump sum—often in as little as 1 business day. The homeowner is then responsible for paying you according to the payment schedule you’ve agreed upon.
Managing Partial Financing Requests
If a client wants to finance only part of the project, you can follow these steps:
Delete the Original Invoice: Start by removing the initial invoice.
Create Separate Invoices:
Generate a new invoice for the portion to be financed (e.g., half of the total amount).
Record payment once the loan funds are disbursed to the client.
Create a second invoice for the remaining balance to be paid by other means. When Acorn financing is approved, loan funds are distributed directly to the homeowner, who then pays you according to your usual payment methods.
Who do I contact if I have questions?
For help with Handoff proposals: message us in-app via Intercom
For Acorn-related questions: email [email protected]
How can my homeowner access offers?
Homeowners can login into their offers page by going to this website:
https://your.acornfinance.com/access-offers
They need to enter the email the used for the application and the last 4 of their social security number.
Need more info?
You can visit the official Handoff + Acorn partner page any time for the latest updates and resources:
👉 https://www.acornfinance.com/handoff-acorn-finance-homeowner-financing/