The amount of PACE financing you qualify for depends largely on two things:
1. Savings: We expect your project to be cash-flow positive, meaning that you have a Savings to Investment ratio of greater than 1. In effect, your project should save you more over its lifetime than it costs you.
2. Property value: Lenders underwrite your loan based on the value of your property, as the loan is secured by an assessment on the property. In general, we expect the assessment to be no more than 20% of your property’s value.
For an idea of how much financing you might qualify for, answer a few questions below and we’ll generate a report. NOTE: This is not an offer of financing, and the final amount you qualify depends on a number of other factors. Individual lenders will make this determination for themselves.
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