LOS GATOS, California., July 6, 2021 / PRNewswire / – PACE Funding Group, LLC announced today that it has changed its name to Home Run Financing and has added a new unsecured loan product called Home Run Loans. The company started in California in 2014 as a single company product: PACE clean energy financing for renewable energy, energy and water conservation projects, and then to protect homes from hurricanes and other improvements. The company launched successful PACE programs in Florida (2019) and Missouri (2020). With the new offering, Home Run Financing provides contractors for their clients with a single source of finance for home improvement, choosing either unsecured loans or, if more appropriate, PACE funding that is tied to the equity in their home.
“Home Run Financing is the only housing finance provider offering both PACE and unsecured loans to homeowners,” he said. Robert Giles, CEO of Home Run Financing. “Over the years, we’ve learned that clients like having multiple financing options from a single source. We are meeting this demand. “
The PACE financial product is currently available in California, Florida as well as Missouri and can be used in renewable energy products, products that improve energy or water efficiency, and home protection enhancements associated with earthquakes, wildfires, and / or hurricanes, depending on state legislation. PACE approval is independent of the borrower’s credit rating, as it is based on the homeowner’s share of ownership in their home. PACE is highly regulated to provide a high level of consumer protection.
Home loans will be available in these three states plus Kansas, and can be used for a wide variety of home improvement projects, including PACE eligible project types, in addition to remodeling kitchens, bathrooms, flooring, extension rooms, annexes, gazebos and many more. Home loans provide a homeowner and contractor with a fast application and approval process, no income documentation, and a lien on property.
Home Run Financing works with a wide network of reputable licensed contractors throughout the country. Contractors can register through the program website to provide home loans and / or PACE funding. Homeowners can encourage their contractors to join the program.
Find out more at www.homerunfinancing.com…
Severn Williams, Public Good PR
510-336-9566, C 415-336-9623
SOURCE Home Startup Funding