Overview
Ygrene offers financing for energy efficiency, renewable energy, and storm protection home improvements—including impact windows, doors, roofing, HVAC, and solar systems. Repayment is made through your property tax bill, not your credit score.
How It Works:
- Pre-Qualification:
Apply online or through a Ygrene-certified contractor to determine eligibility. No FICO score required. - Project Selection:
Choose eligible improvements (e.g., impact-resistant windows, energy-efficient HVAC, solar, roofing). - Contractor Engagement:
Work with a Ygrene-certified contractor to scope and quote the project. - Approval & Agreement:
Receive fast approval, often within 30 minutes. Review and sign financing documents. - Project Completion:
Contractor completes the work per Ygrene’s quality and compliance guidelines. - Repayment:Begin repayment through your property tax bill, typically added as a line item in the next tax cycle.
Terms
- Interest Rates:
Fixed interest rates over the life of the financing. - Repayment Terms:
Flexible terms up to 30 years, depending on the useful life of the improvement and local program rules. - Transferability:
May transfer to the new owner upon sale of the property, subject to mortgage lender approval. - Credit Impact: Approval is not based on credit score, and the loan doesn’t appear on your credit report unless delinquent.