Roof Replacement Financing –Â PACE Financing
Many South Florida homeowners experience the task of helping you with your Roof Replacement Financing or HVAC system ( air conditioning) due to the South Florida
elements. A roof replacement is one of the homeowner’s biggest repair
expenses. Many homeowners lack the funds necessary to take on this task
or spend months and months trying to settle their roof claim with there
insurance company. However, there is good news.
Pace Funding, Property Accessed Clean Energy.
The pace is a long-term fixed-rate source of financing that allows homeowners to do energy conservation and hurricane hardening improvements to their property.
Property owners can use Pace financing to cover 100% of the costs involved
in installing eligible projects including all related equipment and materials and labor. Pace programs are made possible by state legislation and approved local governments. PACE financing is not a government incentive or subsidy program. PACE does not provide special discounts, government funding, or payment forgiveness to those who use it. The pace is affordable financing that allows property owners to pay for upgrades that increase energy efficiency, harness renewable energy, conserve water and protect against storms. PACE Funding is approved in more than 210 municipalities in Florida.
PACE eligible residential improvements in Florida include:
Four Main Types of qualifying Projects :
Renewable energy
Energy Efficiency
Water Conservation
Storm Protection
Alternative Energy
Building Envelope
Roofing and Re-Roofing
Heating Ventilation, Air Conditioning (HVAC)
Ceiling Fans
High-Efficiency Lighting and Appliances
High-Efficiency Pool Equipment
Solar Thermal
Impact Windows, Doors, and Skylights
Wind resident measures
100+ more
PACE FUNDING FACTS
- No upfront out of pocket money from the homeowner
- No upfront payments
- No Prepayment penalty
- Eligibility is based on your Home’s Equity
- Low-interest rate most homeowners qualify for 3.99%
Approval is not based on your FICO score:
All you need is sufficient equity in your home and meet some eligibility
• requirements depending on your location.
• You may qualify for loan periods up to 30 years :
5,10,15,20,25 and even 30 years fixed-rate financing depending
on your project and the location of your property.
Most Roof Replacements qualify for 30-year financing making
your payment is very affordable.
No Payments are due for up to a year or more.
The easy Qualification process takes less than 30 minutes.
• Your approved contractor will assist you in the qualifying process.No lengthy paperwork. All work is performed to city and county codes. The contractor is paid at the end of the job. After the work is completed to the customer’s satisfaction.
•
Installers meet or exceed Pace Funding’s high quality.
Quality Control throughout the process. PACE Funding project
completion process includes verification that all city and county
permits have been obtained, and all approved materials have been
used and a final inspection by the city building department.
If an issue should arise after the completion of work, PACE will
assist in resolving any issues.
Pace Funding is an excellent program for homeowners looking to make their homes more energy-efficient while having an affordable monthly payment with standards that include screenings, assessments, checks, and reviews. No upfront money, no credit check, or lengthy approval process.
There are many benefits for homeowners when they change out items that are not energy efficient. Most homeowners realize savings on electric bills and insurance premiums and raise their property value once they have implemented a new roof, impact windows, or a new HVAC system. Many counties also offer a tax credit. ( check with your tax prepare since credits vary by county)
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