1
Verify Property Eligibility
- Check address with Matt, Lital or Alit before pitching financing.
- Property must qualify based on location.
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.
PHASE 1 – APPLICATION & APPROVAL
2
Select Eligible Improvements
- Choose qualifying energy-efficient products.
- Only approved PACE improvement categories may be financed.
3
Submit Credit Application
- All homeowners on title complete the application.
- Soft credit inquiry.
- Customer receives Preliminary Approval or request for additional documents.
- Final Approval issued after income review.
4
Submit Income Documents
Upload via Secure Bank Button or email:
underwriting@homerunfinancing.com
Required documents:
- Most recent pay stub (within 30 days)
- Two most recent bank statements
- W-2 or tax return for all homeowners on title
5
Generate Financing Contract
- HomeRun generates financing agreement.
- Sent via DocuSign.
- Financing contract only.
- Not the contract scope of work or project contract.
6
Contract Signing
- All homeowners on title sign financing documents.
- Can be completed before, during, or after Welcome Call.
Welcome / Courtesy Call
7
WELCOME CALL
844-873-7223
- HomeRun contacts homeowner to review financing terms.
- Homeowner may call directly.
- Additional courtesy call may be required before NTP.
COURTESY CALL
800-980-3652
HomeRun 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
8
CA Opt-Out Form
- Wet signature required by California law.
- Electronic signatures not accepted.
- Customer returns photo or scan to:
- documents@homerunfinancing.com
PHASE 2 – POST-FUNDING REQUIREMENTS
9
Submit Permits
- Send all permits associated with funded energy-efficient work.
- Required for funding compliance.
10
Submit Completion Photos
- Upload geo-located jobsite photos.
- GPS/EXIF location data required.
- Photos must be taken on-site with location services enabled.
Original image (reference)
PHASE 1 – APPLICATION & APPROVAL
1
Verify Property Eligibility
- Check address with Matt, Lital or Alit before pitching financing.
- Property must qualify based on location.
2
Select Eligible Improvements
- Choose qualifying energy-efficient products.
- Only approved PACE improvement categories may be financed.
3
Submit Credit Application
- All homeowners on title complete the application.
- Soft credit inquiry.
- Customer receives Preliminary Approval or request for additional documents.
- Final Approval issued after income review.
4
Submit Income Documents
Upload via Secure Bank Button or email:
underwriting@homerunfinancing.com
Required documents:
- Most recent pay stub (within 30 days)
- Two most recent bank statements
- W-2 or tax return for all homeowners on title
5
Generate Financing Contract
- HomeRun generates financing agreement.
- Sent via DocuSign.
- Financing contract only.
- Not the contractor scope of work or project contract.
6
Contract Signing
- All homeowners on title sign financing documents.
- Can be completed before, during, or after Welcome Call.
Welcome / Courtesy Call
7
WELCOME CALL
844-873-7223
- HomeRun contacts homeowner to review financing terms.
- Homeowner may call directly.
- Additional courtesy call may be required before NTP.
COURTESY CALL
800-980-3652
HomeRun requests this when any of these apply:
- Homeowner is 62+
- Red flag during Welcome Call
- 3+ improvements on the contract
- Contract exceeds $60,000
- Low-income homeowner
8
CA Opt-Out Form
- Wet signature required by California law.
- Electronic signatures not accepted.
- Customer returns photo or scan to:
- documents@homerunfinancing.com
PHASE 2 – POST-FUNDING REQUIREMENTS
9
Submit Permits
- Send all permits associated with funded energy-efficient work.
- Required for funding compliance.
10
Submit Completion Photos
- Upload geo-located jobsite photos.
- GPS/EXIF location data required.
- Photos must be taken on-site with location services enabled.
Original image (reference)
Benefits of PACE Financing
Smart financing for energy-efficient and home improvement upgrades—improve your home today and pay over time.
1. Homeowner approval not based on Credit (FICO) Score
2. Soft Credit pull all the way through process
3. Low 9.49% starting interest rate
4. Lower rates available with Homeowner buydown option
5. Terms up to 30 years (based on improvement type) allowing for lower payments
6. Balance does not show on Credit Report after funding
7. Possible Deductions due to financing’s position as a Property Tax
8. Deferred time until 1st payment up to 18 months (dependent on funding date)
9. Possible to transfer at sale of property
10. No Pre-payment Penalty
11. Re-amortization for lower payments after a minimum of $2500 payment toward the principal
Original image (reference)
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