Why Ygrene financing is different

A way to make necessary home repairs now and pay for them over time, with longer terms and approval based on your home’s equity and income.

Financing built around your home's equity

Most lenders use your credit score to decide whether you qualify, and expect repayment within a few years. Ygrene works differently. Through PACE financing, Ygrene bases approval on the equity in your home and verified income, with terms up to 20 years to keep payments manageable. You repay it all through your property tax bill, with zero due at closing.

From application to repair, in six steps

Why homeowners choose Ygrene

Approval based on your home's equity and income

Low, fixed rates

that never change over the life of the financing

Lower monthly payments,

thanks to longer terms than a typical loan

Payment protection,

since contractors aren't paid in full until the job is done right

Repayment through your property taxes,

so there's no new bill to track

Real results

Projects: Roofing

“We knew the roof needed to be upgraded. It was leaking into my daughter’s room. Now we feel relieved. Now we have peace of mind. We’re just comfortable.”

The Pierces
Fort Lauderdale, FL

What repairs qualify for Ygrene financing

Roofing

Cool roofing, wind-resistant roofing and full roof replacement.

Windows & doors

Impact windows, impact doors and skylights.

Sewage/septic

Septic tank replacement, septic-to-sewer conversion and sewer line repair.

Also eligible

Hurricane & storm protection, heating & cooling, water conservation upgrades and solar.

Common questions

How do I find out if my home qualifies for Ygrene financing?

First check to see if your property qualifies. If your property is in one of Ygrene’s service areas, you can apply online and get approved within 30 minutes. Approval is based on your home’s equity and income, not your credit score. Applying for PACE financing with Ygrene will have no impact on your credit score. While Ygrene does not consider your credit score, we complete a soft credit pull to verify certain underwriting criteria. A soft credit pull does not affect your credit score.

How do I pay for Ygrene financing?

A special assessment will be added to your property tax bill as a new line item. This new annual tax payment will remain on your bill for length of the term you have chosen. Simply pay your property tax bill the same way that you always have–either when the bill arrives or via your impound/escrow account.

How often are Ygrene PACE payments due?

Payments are due on the same schedule and deadlines as your current property taxes–this applies whether you pay the tax bill directly or whether you pay monthly through an impound or escrow account. Contact Ygrene Customer Care for more details.

What happens if I sell or refinance my home?

If you sell your property, payments rarely transfer to the new owner. Keep in mind that PACE is a “first priority lien”, your property will be used as collateral secured through a recorded lien for the total amount financed, which takes first priority over other existing liens including mortgages. So while property taxes are legally transferable, most mortgage lenders require full repayment (payoff) of your remaining PACE tax obligation as a condition of a refinance or sale. Before obtaining Ygrene financing, you should consider the likelihood and timing of a possible sale or refinance, as well as the costs to repay the tax obligation.

See if your property qualifies for Ygrene.

Check your eligibility in seconds.

Or, call us at 866-634-1358

Ready to get started?

See if you qualify for Ygrene PACE financing in minutes.