Cities in California are adopting a new energy efficient financing program called HERO. The HERO program is a way for homeowners to invest in energy efficient home improvement projects based on property value instead of credit score. Unlike most home improvement programs this one is unique in that it is focused on energy efficient, and water efficient home upgrades. Some of the energy efficient improvements that qualify for the HERO program are Insulation, Windows, Water Heaters (including Tankless), Water Filtration, Water Efficient Plumbing Improvements (Low Flow Toilets and Fixtures), Pool Pumps, Heating and Air Conditioning HVAC equipment, including Furnaces, Heat Pumps and Packaged Air Conditioners and more!
The property accessed clean energy (PACE) financing program is quickly being adopted by cities across the country and HERO is the leading financing programs qualifying homeowners for energy efficient home upgrades here in California.
Most homes in the cities who have adopted the hero program qualify and the application process is fairly quick and easy. Eligibility is not based on credit score so if you have encountered some bumps and bruises through the years, not to worry; your home is truly what qualifies you for this program. Eligibility requirements are as follows; All mortgage related debt must not exceed 10% of the property value.
- Mortgage payments must be current at the time of application and no more than one 30-day late mortgage payment over the last twelve months.
- Property taxes must be current and no more than one late payment in the past three years.
- No outstanding tax liens or mechanics liens.
- And must not have had any active bankruptcies within the last seven years.
Qualifying for HERO financing is done through a HERO registered contractor. Below are a list of cities who have offer the HERO financing program inside the Bell brothers service area. We will continue to update this list as more cities become available. To find out if your home is qualified, please complete the contact form below and one of our qualified financing specialists will walk you through the application process and answer any questions you might have.
San Joaquin County:
Hero Financing in the City of Winters (Coming Soon)