Home improvement financing, made simple and affordable
The Property Assessed Clean Energy (PACE) program offers financing for essential home improvements to eligible homeowners in California and Florida. No upfront payments or minimum credit score is required to qualify.1
Congrats!
You have taken the first step toward making your home safer, more comfortable and more efficient.
One of our PACE experts will be in touch with you soon.
17+
Years
of experience
$2+
Billion
in Funded Projects
A+
Accredited Business
A+ Accredited Business
Better Business Bureau®
Trusted by
3,000+
Registered Contractors
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 (typically 5 to 30 years, with a maximum of 20 years in Florida) through a special assessment added to the property’s tax bill, making payments manageable and predictable.
Increased home value and comfort:
PACE financing allows for upgrades that may not only save money but also enhance the quality of life within the home. Upgrades financed with PACE are 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!
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
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
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
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
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 the need for 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 terms of up to 30 years (or up to 20 years in Florida), 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.
