PACE Funding for Your New Roof

PACE Funding for Your New Roof

PACE financing is widely used across the United State to help fund energy efficiency upgrades and disaster resiliency improvements for homeowners. PACE (Property Assessed Clean Energy) can also be used to fund energy improvements such as attic insulation, air sealing, cool roofs, and more.

How Does PACE Work?

The PACE program can be used for residential and commercial properties. The PACE loan is attached to the property and payments are made along with your tax assessment. Since the PACE loan is attached to the property, it stays with the property in the event of transfer of ownership. The property serves as collateral for the loan, that is the reason the debt is tied to the property as opposed to the owner.

PACE Benefits

PACE financing does not require any upfront down payment. There are no monthly payments. PACE loans are repaid through property assessments as an add on to property taxes, and therefore may be a tax write-off. We suggest consulting a tax expert for details. The financing is typically spread out over a period of 10-20 years. PACE loan eligibility is based on the equity in your home, your payment history on your mortgage, and your ability to pay the property assessment.

Once you are approved for a PACE loan, you will need to find a roofing contractor that accepts PACE financing. PACE programs have grown in popularity over the years and are much easier to access than traditional financing. We are pleased to announce that Harlan Quality Roofing does work with PACE financing and can assist you with any questions you have about the program.

If you are ready for a new roof and would like to consider PACE funding, contact us today for a quote and guidance on the application process.

Advantages of Working with a Roofer Offering Financing Options

Advantages of Working with a Roofer Offering Financing Options

While the roof over our heads is the most important feature of your home with respect to keeping you safe from the elements, it is often something we overlook. Then, without warning, we are faced with the need to replace our roof and the cost is not in the budget.

We always recommend doing regular roof inspections, both personally and professionally, but we know that homeowners get busy and often forget to keep up on the maintenance checks.

Partner with the Right Roofing Company

Regardless of why you need a roof replacement, or how soon it must be completed, knowing that your roofing company can help finance the work is a relief. A good roofing contractor will work with a financing partner to help you manage the cost of a major roof repair or full replacement.

An important point about working through your roofing company for financing is that they can often obtain special interest rates or options because of volume lending. Here are some of the financing options that may be available to you for your next roofing expense:

  • No upfront payment or the ability to decide how much partial payment you choose and finance the rest
  • Easy payment options
  • Lower minimum monthly payments
  • Low interest rates
  • Quick credit approval
  • No prepayment penalties

Save cash for emergencies and consider financing your new roof. Harlan roofing offers great financing through Hearth. Call or contact us with any questions and let us ease your concerns over the purchase of a new roof!

Harlan Quality Roofing

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