Finance Product Details
CaliforniaFIRST
Lender: CaliforniaFIRST
Verified by Lender on: 7/12/2017
The data provided is for informational purposes only. For actual loan terms specific to borrowers, contact the lender directly.
Property Types
Sponsor:
Financing Type
Financing & Payment Information
Rate (APR):
Market Rate
Term (years):
years
Minimum Amount:
$0
Maximum Amount:
N/A
Fees:
One-time fees, Ongoing fees
Down Pmt. Required:
No
Re-pmt. Method:
Unknown
Pmt Frequency:
Pre-pmt Penalty:
No
Allowable Projects
Other Program Requirements
Financing Approval Time
Equity in Property Needed
No
Other Variations of this product
CaliforniaFIRST
Property Types | ||
Sponsor | Los Angeles County | CA Statewide Communities Development Authority |
Financing Type | Property Assessment | Property Assessment |
Term (years) | 5, 10, 15, 20, 25 year(s) | 5, 10, 15, 20, 25 year(s) |
Rate (APR) | 6.75% - 8.39% | 6.75% - 8.39% |
Min. Amount | $5,000 | $5,000 |
Max. Amount | 15 % of property value | 15 % of property value |
One-time Fees | 6.48% of total financing & $90 | 6.5% of total financing & $75 |
Ongoing Fees | No | $30 |
Description | CaliforniaFIRST offers Los Angeles County homeowners funding for energy efficiency, renewable energy and water efficiency improvements that are permanently fixed to the property. Financing is repaid annually via the property tax bill over the course of up to 25 years. In Los Angeles County, CaliforniaFIRST is a public/private financing program administered by Los Angeles County and implemented by Renew Financial. | CaliforniaFIRST offers homeowners in participating communities funding for energy efficiency, renewable energy and water efficiency improvements that are permanently fixed to the property. Financing is repaid annually via the property tax bill over the course of up to 25 years. CaliforniaFIRST is a public/private financing program with CA Statewide Communities Development Authority, Renew Financial and your city or county. |