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Figtree PACE Financing
Figtree PACE Financing
Lender:
Figtree Financing
Contact Information
Property Types
Types of Financing
Financing & Payment Information
Term (years):
1
Minimum Amount:
$500
Maximum Amount:
$35,000
Fees:
None
Money Down Required:
No
Repayment Method:
Off-bill loan (Direct to Lender)
Payment Frequency:
Monthly
Pre-Payment Penalty:
No
Allowable Projects
Funds Energy Efficiency projects
Funds Renewable Energy projects
Other Program Requirements
Financing Approval Time
More than 48 hours
Equity in Property Needed
No
Financial Products
| Lien type | Unsecured loan | Unsecured loan | Unsecured loan |
| Re-Payment Method | Off-bill loan (Direct to Lender) | Off-bill loan (Direct to Lender) | Off-bill loan (Direct to Lender) |
| Automatic payment option available | No | No | No |
| Requires utility incentive program participation | No | No | No |
| Must use Program's pre-approved contractors | No | No | No |
| One-time fees (% of total financing) | |||
| One-time fees (fixed) | |||
| Ongoing fees | |||
| Financing Amount | $500 - $2,000 | $2,001 - $5,000 | $5,001 - $35,000 |
| Financing Term (yrs.) | 1 year(s) | 1 year(s) | 1 year(s) |
| Rate | 0% | 0% | 0% |
| Money Down Required? | No | No | No |
| Credit Enhancement Available | |||
| Transferrable | No | No | No |
| Prepayment Penalty or Fee | No | No | No |
| Tax Deductibility | No | No | No |
| Minimum Credit Score Required | |||
| Equity in Property Required | No | No | No |
| Debt to Income Ratio Required | Yes | Yes | Yes |
| Involuntary Property Liens Allowed | Yes | Yes | Yes |
| Foreclosures Allowed | |||
| Bankruptcies Allowed | |||
| Mortgage Lender Consent/ Acknowledgement | No | No | No |
| Must be current on property taxes | Yes | Yes | Yes |
| Must be current on mortgage | Yes | Yes | Yes |
| Loan to value | |||
| Debt Service Coverage Ratio | No | No | No |
| Financing Approval Time | More than 48 hours | More than 48 hours | More than 48 hours |
| Projected Energy Savings/Cash Flow is considered | No | No | No |
| Must be current on utility bill | No | No | No |
Upgrades Covered
No Results
FAQ's
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