PACE Funding Group LLC - Los Gatos, California

John Rhodes

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

Venus Craver

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

Papa Vee PV

I wouldn’t use this company at all, reps are shady as the come, over charge you are fees more than 12% on points plus administration fees, would won’t be able to get out of this contract, you won’t see your 1st payment for 18 months, by that time it’s too late. You tax bill will more than double. Now the change their name to Home Run Financial! Don’t do it!

Matthew Boysel

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.

Cheech Ab

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.

Justin Time

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!

David

This company is as crooked as they come. READ THE FINE PRINT PEOPLE! They tried to charge my mom 20% of the loan in origination fees (broker fees). These paper pushers try to get rich off of your misfortune. Go to your local credit union and get a fair loan because the monsters at PACE Funding LLC will sink their teeth into you.

Albert Alonzo

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 .