PACE Funding Group LLC University Ave, Los Gatos

They treat you on the phone like a king when they see dollar signs, however when it looks like your not a match they won’t even bother to call you back to explain or simply say to you maybe next time. The guy told us he’ll be texting us his personal phone number so we will always have someone to call in case of questions however when it’s not a match not even as much as an email. Just a loan shark use at your own risk.

If you are looking to take advantage of a PACE program, I advise you to look at Y-Grene. I run a business and was planning to offer Home Run Financing as a lender for my customers, but after 2 months of back and forth emails, we still have not been onboarded. They lack the professionalism, urgency, and customer service that my customers have come to expect and deserve. These qualities that are non-negotiables when deciding what third-party businesses to do business with, which is why I can not in good conscious offer their product to my customers.

We complained to Pace funding/ Home Run financing about the under handed ways the sales representative for Canopy energy got us to sign this terrible loan agreement in which we want to pay them off but unfortunately we signed while under duress while going through a family crisis and now we owe them an additional $4,500 for buy down fees which we didn't want. Make sure you read everything and get a lawyer to check out the contract before you sign. Don't trust any sales representative especially if you're going through a crisis of any kind. This Company doesn't care about your financial well being as long as they get their money .

I recently used PACE Funding to finance my home solar system. The sales rep was very knowledgeable and helped me understand how PACE Funding loans work. After reviewing the loan programs interest rate and term options I decided on 2.99%. I will probably pay it off as soon as I can. The entire process was very easy to qualify for and their phone rep was super nice. My payments were even deferred to the end of the year. I also found out that I can pay an extra $2500 anytime and it will reduce my payments. The loan also doesn't even not show up on my credit report as a debt. As a homeowner and investor I have used many loans over the years and none of them had all of these benefits. I strongly recommend PACE Funding to anyone. John Rhodes

With our home improvement company, we have been using PACE Funding for nearly a year to get our customers financing for various services (roofing, solar, etc.) Over the years, I have worked with several other PACE programs and PACE Funding is by far the best. Our rep, Mike St. Lawrence is unparalleled to any other rep we have had. From quick, 15-minute underwriting approvals to getting funded on projects, Mike is always so responsive with all of our needs. In comparison to traditional (non-PACE) financing, Mike has exceeded back-end support unlike any other financing company we've worked with. Their programs allow up to 30 year terms and relatively low interest rates with small dealer fees. As a Contractor, I definitely recommend using PACE Funding as a program to offer your customers.

I think this company is full of shady representatives, I have 2 loans from over a year ago for over 25K to cover Windows, was recently trying to do refi on house, my title has 2 liens that are now looking like mortgages are on my house making my debt ratio too high, trying to get a different type of loan to pay off this Pace loan and Carlos R... the underwriter is not responding after 3 request and it's been over 10 days, it appears Pace Funding doesn't want me to pay them off, I'm guessing they haven't added enough interest and other charges to my bill, don't use this business for anything!!! It has been a nightmare, scroll past the reviews when a customer has newly received funding, look at the reviews after in repayment look at newspaper articles, they are not really helping the homeowners, just helping contractors. Unsatisfied customer

Please be mindful and read your agreement all the way through. Basically what happens is the loan goes against your mortgage being that it’s “federal funding” they say you don’t have to pay for a year and your monthly payments are low. But upon reading the agreement it will tell you they will try to make your mortgage an impounded. The first month they will charge a large amount against your mortgage then you don’t have to pay for a year. No matter what you do, if you can’t afford to pay the loan you pulled out, Pace Funding will get their money if it even will cost you your home. For example your monthly mortgage is $1,000 and your monthly with Pace is $200.00 your bank will tell you, your bill is $1,200.00. If you for what ever reason cannot pay that $200.00 guess what, the bank will tell you your past due $200.00. It’s very easy for them to target clients who don’t read the fine print of the agreement, elders and so forth. The rep that we spoke to didn’t disclose such information, didn’t give us other financial options so we decided to cancel the whole thing after reading our agreement. Why continue to do business with companies who can’t disclosed detail information.

I have been using Pace Funding for the past year and I have to say that it has been a GREAT EXPERIENCE!! GRAYSON FRAZIER is an awesome Account Executive and he always has time for any concerns or questions I may have. I will continue to use Pace Funding to help my clients obtain adequate financing for their energy efficient home improvements. I highly recommend Pace Funding!!! Keep up the good work!

I am a contractor and have been using Pace Funding for the past year. It’s the best thing since sliced bread. It’s a loan that is attached to your property taxes...why would anyone want this? The better question is, why would anyone NOT want this? 1)tax deduction (the interest is fully deductible, can’t say this about a credit card). 2)transferability (the loan can be transferred to the next homeowner as long as the criteria’s are satisfied, such as the new owner would agreee to assume the loan and the mortgage company allows it. Or better yet, just pay off the loan with the increased home value after the home improvements such as windows, a new roof, HVAC or even a brand new solar system. 3)the loan STAYS with the property. 4)it doesn’t show up on your credit report For those reviewers who are posting negative feeedback, I’m sorry to say this, but you have no idea what you’re talking about. The common theme is “you could lose your house”....well of course you can lose your house if you don’t make payments, but if you’re signing a loan knowing you will NOT make payments, that’s called fraud. The good thing about this loan is, if you’re late on the payments, basically your property taxes, the local tax collectors will give you up to 7 years to catch up (in California). Last time I checked, a credit card company or a equity line of credit DOES NOT give you this option. They will be more than happy to ruin your credit and take you down hard (been there, done that 10 years ago during the mortgage meltdown). So what happens if you have a regular credit card loan and you don’t make payments? You’re credit is RUINED and if you don’t make payments for a few months, they (credit card company) may SUE you in court and a permanent judgement may be put on your credit. Now, how would you feel if you installed a nice island BBQ grill, new windows and a solar system on your home and even decided to add a movie theater... then something goes wrong at work, and instead of making $250,000/year, you are only making $36,000/year base salary? Well, first you would go on Cal Fresh (food stamps), sell anything you have of value and maybe stop making payments on all your loans, including mortgage payments. In this scenario, you lose your house and the loan you took to do the home improvements would STAY with the property in the foreclosure (if you decided to go with a Pace Funding loan) and you would walk away free and clear. BUT........, if you had taken out a credit card loan or most any other loans to do the home improvements, you would still be paying for someone else’s BBQ grill, the pool, the solar, the icey cold HVAC system and the movie theater. How would that make you feel? You no longer own the house due to a dramatic loss in wages, but you’re still paying for someone else’s home improvement. Let this thought sink in before you write bad reviews on Pace Funding. Pace Funding has helped so many of my customers with home improvements, my customers actually decide to live in their homes longer since they have so many nice upgrades. The increase in value of the home is also a nice thing. I can’t say this about any other loans. Regards, Mario Home Beautification (Find us on Yelp too)

I found Pace Funding Group to be very professional. They spelled everything out in the contract so nothing was hidden. I would recommend this company to anyone looking to make their home more efficient. I’m very happy with them.