HomeRun - PACE
PACE is not a traditional loan. The balance is added to the homeowner's property tax bill and is tied to the property, not the borrower. Make sure the customer understands this before applying.
Run the application
Documents & where to send them
CA Opt-Out for E-Documents
Customer must wet-sign in pen — cannot be e-signed. Required for California PACE deals.
After acceptance — phone calls
Once the client is accepted into the program, the welcome call is required. The courtesy call only happens when HomeRun requests it.
- 1Welcome callRequired
- 2Courtesy callUpon requestHomeRun requests this when any of these apply:
- Homeowner is 62 or older
- A red flag came up on the welcome call
- 3 or more improvements on the contract
- Contract is over $60k
- Low-income homeowner
On both calls, the client should mention only the energy-efficient products listed on the HomeRun contract that was sent to them — nothing else.
Improvement Types They Fund
61 types- Additional scope - HVAC
- Additional scope - rewiring
- Additional scope - roof
- Additional scope - solar
- Additional scope - wood or surface repair
- Air Conditioning
- Artificial Turf - 10yr
- Artificial Turf - 15 year
- Attic Insulation
- Battery, for solar system
- Boiler
- Ceiling Fan
- Cool Wall Coating
- Door - Entry
- Door - French
- Door - Sliding
- Drip irrigation
- Duct replacement
- Duct Sealing
- Electric Heat Pump Pool Heater
- Electric Vehicle Charging Station
- Faucet/showerhead, high efficiency
- Furnace
- Generator
- Geothermal heat pump
- Gravel/rocks/etc, drought tolerant landscaping
- Heat Pumps
- LED - bulb replacement
- LED - outdoor
- Lighting control unit
- Main Panel Upgrade
- Patio - concrete
- Pavers: drought-tolerant landscaping
- Permeable Ground Cover: drought tolerant landscaping
- Plantation Shutters
- Plumbing system: leak repair/replacement
- Pool Cover
- Pool pumps
- Prepaid Power Purchase Agreement 25 yr
- Programmable Thermostat
- Radiant barrier
- Rainwater Catchment System
- Re-pipe: Hot water delivery system
- Roofing
- Seismic strengthening
- Sewer Lateral Replacement or Repair
- Siding
- Site prep work - pavers
- Skylights and Tube Lighting
- Solar Cleaning System
- Solar Modules
- Solar Water Heater
- Specialty Oversized Window/Door
- Toilet: High efficiency
- Under floor insulation
- Wall Insulation
- Water Heater - tank, high efficiency
- Water Heater - tankless
- Whole House Fan
- Windows
- Wiring: efficiency retrofit