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FINANCING
A Better Way to Finance Your Roof.
A roofing project is an important investment in your property. ER Florida Roofing offers access to two different financing paths so qualified property owners can explore an option that fits their circumstances: traditional credit-based financing through GreenSky and property-based PACE financing through Ygrene.
TWO FINANCING PATHS
Find the Financing Approach That Fits Your Roofing Project.
Financing is not one-size-fits-all. ER Florida Roofing works with financing programs that provide different approaches to funding eligible roofing projects. GreenSky provides consumer financing subject to credit approval, while Ygrene provides PACE financing based primarily on the property, available equity and ability to repay the assessment.
Property-Based PACE Financing
Ygrene
Property Assessed Clean Energy financing for eligible Florida properties.
Ygrene provides Property Assessed Clean Energy (PACE) financing for eligible property improvements. Unlike traditional credit-based financing, eligibility depends primarily on factors such as property equity and the property owner's ability to repay the assessment, not a minimum credit score.
✓ Property-Based Eligibility
Approval focuses primarily on the property, available equity and ability to repay.
✓ Roofing Can Qualify
Eligible roofing improvements may be financed through the Ygrene PACE program.
✓ Property-Tax Assessment
PACE financing is repaid through an assessment associated with the property's tax bill.
✓ Longer-Term Financing
Available residential terms may extend up to 20 years depending on the property, improvement, and service area.
Credit-Based Financing
GreenSky®
Traditional consumer financing for qualified applicants.
GreenSky® helps homeowners finance home improvement projects through loans made by participating financial institutions. Applications are evaluated through a traditional credit-based approval process.
✓ Credit-Based Approval
Financing is subject to credit approval and lender requirements.
✓ Designed for Home Improvement
GreenSky financing programs are used for home improvement projects, including roofing.
✓ Multiple Financing Plans
Available plans and terms depend on the program offered and the applicant's approval.
✓ Convenient Application
Qualified applicants may receive a financing decision quickly after completing the application.
COMPARE YOUR OPTIONS
Credit-Based vs. Property-Based Financing.
The two programs use fundamentally different financing structures. Understanding that difference can help you decide which option you want to explore.
UNDERSTANDING YGRENE
TWO FINANCING PATHS
What Exactly Is PACE Financing?
PACE stands for Property Assessed Clean Energy. Instead of functioning like a traditional personal loan, qualifying project costs are financed through an assessment attached to the property.
Financing Built Around the Property.
Ygrene's PACE program provides another path for eligible Florida property owners who need qualifying improvements such as roofing. Eligibility is primarily based on property equity and ability to repay rather than a traditional minimum credit-score requirement.
The assessment is tied to the property.
PACE financing is secured by the improved property and results in a recorded assessment and lien on the property.
Payments are associated with property taxes.
The PACE assessment is repaid through the property-tax system. If taxes are escrowed, the property's mortgage payment may change to account for the increased tax obligation.
Availability depends on location.
Florida PACE programs are not available in every jurisdiction. Property and project eligibility must be verified before financing.
Selling or refinancing deserves consideration.
Property owners should understand how a PACE assessment may affect a future sale or refinance and should discuss those questions with their mortgage lender or financial advisor.
GETTING STARTED
From Roofing Estimate to Financing.
ER Florida Roofing can help you understand the roofing project itself while your financing provider determines financing eligibility, approval and final terms.
Discuss Your Roof
Contact ER Florida Roofing to discuss the condition of your roof and the work your property may require.
Review the Project
Determine the appropriate roofing scope, materials and estimated project cost.
Explore Financing
Depending on your circumstances, explore credit-based GreenSky financing or property-based Ygrene PACE financing.
Complete Your Roof
Once financing and the roofing agreement are finalized, ER Florida Roofing can move forward with the approved project.
Important Financing Information
ER Florida Roofing is not the lender and does not determine financing approval, interest rates, payment amounts or final financing terms. GreenSky financing is subject to credit approval and the terms of the participating program lender.
Ygrene PACE is a property assessment rather than a traditional consumer loan. It is secured by the improved property and may create a first-priority lien ahead of existing liens, including a mortgage. Availability, eligibility, rates, and terms vary. Property owners should review all financing documents carefully and consider the potential effect on property taxes, escrow payments, refinancing and the future sale of the property.
Frequently asked questions
READY TO GET STARTED?
Need a Roofing Estimate?
Whether you need a repair, replacement, or a new roofing system, our team is ready to help.