FINANCING

CALIFORNIAFIRST RENEW FINANCIAL PACE PROGRAM

Thousands of California homeowners have chosen CaliforniaFIRST, Renew Financial’s $0 down financing to make their home improvements possible. With fast approvals and fixed rates, it’s the smart choice to make your home more energy or water efficient.

Through Renew Financial and the Property Assessed Clean Energy (PACE) Program, we offer up to $250,000 in financing. This is an innovative partnership between your county government and a private financing company that allows you to receive upfront funding for energy efficiency, renewable energy and water efficiency improvements for your home or business, and to repay on your property tax bill over the course of up to 30 years. PACE (Property Assessed Clean Energy) Program offers easy payments to homeowners. Read more about PACE below!

Property Assessed Clean Energy (PACE) Programs

PACE programs require NO upfront payments. You can:

• Lower your utility bill
• Increase your home’s comfort for yourself and your family
• Increase your home’s property value
• Bypass any credit checks
• Borrow up to 15% of your home’s value
• Receive flexible terms range from 5 to 30 years
• Get interest rates lower than credit cards
• Eliminate monthly installments with a one-time payment on your property tax bill
• Possibly deduct interest from your taxes
• Apply by phone or online

Eligibility Criteria Details

• No current involuntary liens and/or judgments totaling more than $1,000 for all property Owners
• Property owner(s) must be current on their property taxes for the prior 12 months
• There must be no notices of default or foreclosure filed against the Property within the last 2 years
• No bankruptcies (business or personal) in the last 2 years. The property must not be an asset in a bankruptcy proceeding
• Energy efficiency, renewable energy, and water efficiency products; permanently fixed, new products; must meet minimum efficiency and/or other requirements for eligible products
• All eligible products must be installed by a participating contractor
• Minimum financing amount is $2,500/Maximum financing based on 15% of the property value

Save on high energy bills and increase your home’s value with PACE!