PACE Financing for Home Improvements
The Property Assessed Clean Energy (PACE) program offers financing for essential home improvements to eligible homeowners in California and Florida. No credit score or money down is required to qualify.1
By submitting the above form, you consent and agree to the following:
- You have reviewed Renew Financial’s Privacy Policy and Terms of Use;
- You expressly consent to have a representative from Renew Financial Group LLC. (Renew) contact you about this inquiry by email, text message, and/or by telephone (including by automated telephone dialing system or an artificial or prerecorded voice) at the home or cell phone number you have provided, even if that phone number is on a corporate, state, or national Do Not Call registry. You do not have to agree to receive such emails, text messages, or calls as a condition of obtaining our service, and you may revoke this consent at any time. By contacting Renew by phone, you consent to the recording and monitoring of calls;
- You allow Renew to share the information collected about you in the form with up to three (3) of its participating Contractors. You understand that your data will be subject to the Privacy Policy of each contractor you are referred to;
- You understand this eligibility form only determines if your property address and project type are eligible for Renew Financial’s PACE financing, and it is not a commitment to lend. A complete application must be submitted to receive a financing decision. You understand financing is subject to underwriting review and approval, and certain restrictions may apply;
- You are the record owner of the property listed in the form, and any information you furnish to Renew is accurate and complete;
- You consent to do business electronically.
Definitions
“You” and “yours” means the person(s) submitting this form. “Renew” means Renew Financial Group LLC and any person, company, bank, or financial institution that is an assignee of the rights of Renew Financial Group LLC.
By submitting the above form, you consent and agree to the following:
- You have reviewed Renew Financial’s Privacy Policy and Terms of Use;
- You expressly consent to have a representative from Renew Financial Group LLC. (Renew) contact you about this inquiry by email, text message, and/or by telephone (including by automated telephone dialing system or an artificial or prerecorded voice) at the home or cell phone number you have provided, even if that phone number is on a corporate, state, or national Do Not Call registry. You do not have to agree to receive such emails, text messages, or calls as a condition of obtaining our service, and you may revoke this consent at any time. By contacting Renew by phone, you consent to the recording and monitoring of calls;
- You allow Renew to share the information collected about you in the form with up to three (3) of its participating Contractors. You understand that your data will be subject to the Privacy Policy of each contractor you are referred to;
- You understand this eligibility form only determines if your property address and project type are eligible for Renew Financial’s PACE financing, and it is not a commitment to lend. A complete application must be submitted to receive a financing decision. You understand financing is subject to underwriting review and approval, and certain restrictions may apply;
- You are the record owner of the property listed in the form, and any information you furnish to Renew is accurate and complete;
- You consent to do business electronically.
Definitions
“You” and “yours” means the person(s) submitting this form. “Renew” means Renew Financial Group LLC and any person, company, bank, or financial institution that is an assignee of the rights of Renew Financial Group LLC.
17+
Years
of experience
$2+
Billion
in Funded Projects
Accredited Business
by the Better Business Bureau®
Trusted by
3,000+
Registered Contractors
WHY HOMEOWNERS CHOOSE PACE FINANCING FOR HOME IMPROVEMENTS
PACE (Property Assessed Clean Energy) financing helps qualified homeowners in California and Florida complete eligible home improvements by removing upfront cost barriers and offering long-term repayment through a special assessment on their property tax bill.
While PACE offers many advantages, here are the three most common reasons homeowners choose PACE as a financing option:
No Payments Due at Installation
Start your project with no out-of-pocket costs. Payments are added to your property tax bill and may begin months after completion (often up to ~17 months). The timing of the first payment depends on the date the project is funded and whether a mortgage impound applies.
Flexible Financing
Finance projects from $2,500 up to $250,000, making it easy to complete small upgrades, major renovations, or bundle improvements. Fixed, competitive interest rates and long repayment terms help keep payments more manageable
Non-Credit-Based Approvals
Credit scores are not a factor in qualification. Approvals are based mainly on home equity, mortgage and property tax payment history, and the homeowner’s ability to repay, making financing accessible to a broader range of homeowners.
ELIGIBLE PROJECTS
We finance hundreds of projects to make your home more comfortable, efficient, and resilient.
- Drought Tolerant Landscaping
- Artificial Turf
- Drip Irrigation
- Plumbing & Fixtures
- Energy-Efficient
- Wind-Resistant / Impact-Rated
- Exterior Doors
- Interior Window Treatments
OBTAINING PACE FINANCING
Improve your home in three easy steps.
Obtaining PACE financing from Renew Financial is a fast and straightforward process—no piles of paperwork or endless requirements.
We focus on a few key items to ensure you qualify, making the process quick and hassle-free.
1. Check Eligibility
Confirm that you meet the basic eligibility criteria without a credit check: Your property must be in a participating area, both your specific project and property type must qualify, and there are no adverse financial factors (e.g., recent late mortgage or property tax payments, bankruptcy, or notice of foreclosure).
2. Apply
After confirming basic eligibility, you can apply online or by phone. The application is simple and will not impact your credit score. You can typically expect a decision the same day!
3. Install
Choose a contractor registered with Renew Financial for the pricing and installation of your project(s). If the contractor you select is not currently registered, they must enroll with us before the financing process can move forward.
A HOME IMPROVEMENT FINANCING SOLUTION LIKE NO OTHER
PACE offers a multitude of advantages that go beyond simple cost savings
No upfront costs:
PACE financing enables homeowners to initiate projects immediately, eliminating the need for a down payment or securing a traditional home equity loan. The contractor receives full payment only after the homeowner signs a Certificate of Completion, confirming that the work has been completed as agreed.
Repayment through property taxes:
The financing is repaid over an extended period through a special assessment added to the property’s tax bill, making payments manageable and predictable.
Increased home value and comfort:
PACE financing enables upgrades that not only save money but also enhance the quality of life in the home. Upgrades financed with PACE are generally more likely to enhance indoor air quality, improve comfort, increase the property’s resilience to extreme weather, and potentially increase the home’s overall market value.
Support for local economies and the environment:
By facilitating the adoption of clean energy and efficient technologies, the PACE program helps reduce the overall environmental footprint and stimulate job growth in the local construction sector.
Testimonials
Renew Financial has helped thousands of homeowners. We want to help you, too!
Fast, Simple Financing When I Needed It
“When my air conditioner broke down, I didn’t have the funds to replace it. A contractor referred me to Renew Financial, and PACE financing helped me move forward.
The process was quick and easy—I was able to apply from home and was approved the same day. Everything was clearly explained, and I felt supported throughout.
Now my home is comfortable again, and I’m very satisfied with the experience.”
Carmen S.
Homeowner
A Financing Solution That Made It Possible
“After my air conditioner broke and I realized I also needed a new roof, I didn’t think I had any options. I didn’t have the credit to qualify for traditional financing, and I was seriously considering selling my home.
PACE financing gave me a chance I didn’t think I would ever have. I was able to replace both my AC and my roof—and most importantly, stay in the home my husband and I shared.
The process was smooth, everything was clearly explained, and I felt supported every step of the way. I’m so grateful to finally feel safe and comfortable in my home again.”
Helen M.
Homeowner
A Way Forward When We Needed It Most
“After a tornado severely damaged our roof, we couldn’t get traditional financing because we didn’t have insurance due to the ongoing state insurance crisis. We felt stuck and didn’t know what to do.
PACE financing gave us a way forward when nothing else did. With Renew Financial’s help, we were able to replace our shingle roof with a stronger metal one, make our home safer, and get insured again. It was such a relief.
Throughout the entire process, we were treated with kindness, professionalism, and transparency.”
Ana Katherina V.
Homeowner
Straightforward Financing for a Big Project
“When we bought our historic fixer-upper, we knew it needed a lot of work—especially the foundation. Replacing it was a major project, and we weren’t sure how we would finance it.
PACE financing through Renew Financial gave us a way to move forward. The process was much simpler than the ones we’ve experienced with other financing options. The timing of the payments also gave us flexibility to manage our budget.
Overall, it was a smooth and straightforward experience, and it made a project possible that we otherwise couldn’t have done.”
Gerald & Caroline K.
Homeowners
A Practical Way to Improve Our Home
“We wanted to install impact windows and doors, but didn’t have the funds upfront and didn’t want a traditional loan. PACE financing made it easy to move forward, with payments through our property taxes that fit our budget.
Working with Renew Financial was a great experience—everything was clearly explained, and the process was smooth from start to finish.
Now we feel much more secure in our home and better prepared for hurricane season.”
Audrey & Albert K.
Homeowners
* The reviews listed above were submitted directly to Renew Financial or the Better Business Bureau, Google, or other similar review websites. The views and opinions contained in the testimonial belong solely to the individual customer and do not reflect our views and opinions. These customers obtained RenewPACE financing through Renew Financial and were compensated for their time in sharing their experiences and opinions.
ABOUT RENEW FINANCIAL
Renew Financial is one of the largest and most experienced administrators of residential PACE in the country. Since 2008, we have been helping eligible homeowners achieve their home improvement goals affordably, safely, and without upfront cash.
Unmatched expertise and experience
High customer satisfaction
Strong consumer protections
Competitive fixed rates
Simpler financing process
Upgrade your home using its equity—no refinance needed
PACE is an income- and home-equity-based financing program that offers affordable financing for essential home improvements in participating communities in California and Florida. A key benefit is that repayment is handled through the property tax bill over years or even decades, eliminating the need to refinance your property to access its equity.
Upgrade Now. Pay Later.
Improve and protect your home now and keep your hard-earned savings for life’s unexpected moments. Finance as little as $2,500 and up to $250,0002 with no payments for up to 17 months!3
Project Confidence.
The registered contractor gets paid only after you sign off on the project’s completion, ensuring your peace of mind.
Simple. Fast. Secure.
Expect a fast and straightforward application process, complemented by strong consumer protections that exceed those found in traditional financing.
Receive our free eGuide
Learn everything you need to know about PACE financing! Our free guide explains how PACE works, eligibility requirements, frequently asked questions, and includes tips for selecting a contractor.
AS FEATURED IN
Important Disclosures:
- PACE financing is subject to approval. Underwriting requirements and restrictions apply. Not all applicants will qualify. PACE is secured by a lien against the property and may be required to be repaid in full at the time of sale or refinance. PACE financing is not a government subsidy or backed by the government. It is private financing that must be repaid in full. Financing terms are determined by the product’s expected useful life and applicable local program guidelines. Product availability is subject to change, and eligibility may vary by location.
- The maximum financing amount is determined by the homeowner’s ability to repay and the available home equity in the property.
- The timing of the first payment depends on the date the project is funded and whether a mortgage impound applies.
