Ygrene is a leading Property Assessed Clean Energy (PACE) provider in Florida, offering innovative financing solutions for both residential and commercial property upgrades focused on energy efficiency and renewable energy. By leveraging the equity in your property, Ygrene provides 100% financing for qualified improvements with no upfront costs, payments spread over up to 20 years for residential properties and 30 years for commercial properties, no payments for up to 17 months, and no prepayment penalties. Unlike traditional loans, Ygrene’s financing is repaid through your property tax bill, making the process straightforward and annual. Eligibility is primarily based on your property’s equity, along with other factors such as timely payment of property taxes.

PACE financing is subject to specific underwriting terms, conditions, fees, and guidelines. A first-priority lien for the total amount financed will be placed on your property as collateral. The payment start date is determined by the funding date and typically appears on your property tax bill following your funding date, though interest begins accruing at the time of funding. The financing term length depends on the useful life of the improvement funded.