Understanding PACE Financing for Your New Roof
Carlos Mendes
Lead Roofing Inspector
Getting a new roof is one of the largest home improvement investments a Florida homeowner can make. PACE (Property Assessed Clean Energy) financing was designed to make that investment more accessible — without requiring a high credit score or large down payment.
What Is PACE Financing?
PACE is a government-backed financing program that allows homeowners to fund improvements like roofs, windows, HVAC systems, and solar panels through their property taxes. Instead of a traditional loan, the repayment is attached to your property — meaning it's paid back as an assessment on your annual tax bill.
In Florida, the Ygrene PACE program is one of the most widely used, and Florida Roof Tech is a Ygrene-approved contractor.
Key Benefits of PACE for Roofing Projects
No Money Down
You can get a new roof installed immediately with zero upfront payment required.
No Monthly Payments
Repayment is built into your annual or semi-annual property tax bill — not a monthly payment you have to track.
Flexible Terms
PACE financing offers repayment terms of 5, 10, or 25 years — choose what fits your budget.
No Credit Score Requirement
PACE approval is based on property equity and tax payment history, not credit score. Homeowners who don't qualify for traditional financing often qualify for PACE.
Fully Transferable
If you sell your home, the PACE assessment can transfer to the new owner (depending on lender agreement). This can actually be a selling point.
Important Considerations
Before signing a PACE agreement, make sure you understand:
Is PACE Right for You?
PACE is ideal for homeowners who need a roof now but prefer to spread the cost over time through their tax bill. It's not right for everyone — particularly if you plan to sell soon or if your current mortgage has restrictions.
Our team at Florida Roof Tech can walk you through the Ygrene application process and help you decide if it's the right fit. Call us at (305) 363-6760 for a free estimate and financing consultation.