Financing is paid back over time as part of your property taxes and qualification is based on the equity in your home, not your credit. PACE features a speedy approval process, flexible payment terms, and access to trusted home improvement local contractors, creating local jobs, stronger communities and stronger economies.
PACE is an easy-to-use financing solution that allows you to make home improvements with no money down. No FICO requirements Flexible repayment terms Tax benefits* No upfront fees 100% financing (up to $250,000) Balance due transfers to new owner upon sale** Fixed, competitive rates Supports environmental health Realize up to 10% savings on utility bills in the first year
PACE Financing Not dependents on personal credit (not based on credit score won’t appear on credit history) The balance may transfer upon sale of property Minimum loan amount is $250K Save energy and improve cash flow, PACE allows residential property owners to finance energy efficiency, renewable energy, water efficiency and seismic improvements for their single family and multifamily residential projects. The financing is then repaid on property taxes over the course of up to 30 years. eligible properties include all residential properties, such as multifamily buildings (five or more units)
PACE can also finance eligible clean energy, water conservation and seismic measures in new construction. This can allow a developer to significantly reduce their cost of capital and future operating costs by developing an energy efficient project.
PACE Benefits Property owners who finance efficiency projects through us often enjoy the following benefits: Competitive interest rates Longer payback period (up to 30 years) Property qualified financing, not based on credit score Balance can transfer to new owner upon sale Financed amount won’t appear on credit report PACE commercial financing option that can only be used for energy-efficient or renewable-energy upgrades, water-saving measures, or seismic retrofits or fire-prevention measures on your property and repaid as a line item on your property tax bill. (Interest may be tax deductible) GHS Govan's Construction Inc. CSLB License No. 933243
