Improve Senior Lender Profit with CleanFund
Add PACE to your mortgage lending program,
Increased origination volume with PACE
Lender PACE combined with a conservative mortgage LTV results in a higher advance rate -- making your offer more attractive.
Lender PACE can be added to an existing mortgage without refinancing the first mortgage since it is repaid as a tax instead of as an increase in debt. Maintain account control while increasing profits.
Lender PACE allows a portion of your offer to be non-recourse and to be automagically transferred to a new owner upon a sale.
Reach your ESG target faster
The Environmental impact from PACE is self-evident so various rating agencies have made it easy for PACE improvements to officially qualify as a “green bond”.
Get in touch with our team to learn how fast and efficiently we're able to get you own PACE program ready.
Get in touch with our team of experts to get started.
Improved Collateral Value makes a safer mortgage
PACE allows property owners to improve positive cash flow and therefore increase their property value. This program is available for most long-term energy efficiency and renewable projects.
How Should the Senior Lenders use PACE?
Pace is utilized in three different situations:
Lenders who have approved PACE
The alternative to your own PACE program is to simply consent to another direct PACE lender. C-Change can help here to help you size the PACE, influence the terms, evaluate the prepayment restrictions, and minimize the risk from PACE. Consenting to PACE is good for your Borrower. Call us if you want to consider an alternative. The following lenders have consented to PACE:
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CleanFund provides better capital for better buildings, making financing projects easy and affordable