Finance Product Details
HERO
Lender: HERO
Website:
https://www.renovateamerica.com/financing/hero
Email: info@renovateamerica.com
Phone: 855-HERO-411
Email: info@renovateamerica.com
Phone: 855-HERO-411
Verified by Lender on: 5/4/2017 0
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
HERO
| Property Types | ||||
| Sponsor | Los Angeles County | San Bernardino Associated Governments (SANBAG) | Western Riverside Councils of Government (WRCOG) | Western Riverside Councils of Government (WRCOG) |
| Financing Type | Property Assessment | Property Assessment | Property Assessment | Property Assessment |
| Term (years) | 5, 10, 15, 20 year(s) | 5, 10, 15, 20 year(s) | 5, 10, 15, 20 year(s) | 5, 10, 15, 20 year(s) |
| Rate (APR) | 6.75% - 8.35% | 6.75% - 8.35% | 6.75% - 8.35% | 6.75% - 8.35% |
| Min. Amount | $5,000 | $5,000 | $5,000 | $5,000 |
| Max. Amount | 15 % of property value | $200,000 | 15 % of property value | 15 % of property value |
| One-time Fees | 4.99% of total financing & $95 | 4.99% of total financing & $95 | 4.99% of total financing & $95 | 4.99% of total financing & $95 |
| Ongoing Fees | $100 | $35 | $35 | $35 |
| Description | HERO offers funding to LA County homeowners 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 20 years. In Los Angeles County, HERO is a public/private financing program administered by Los Angeles County and implemented by Renovate America. | HERO offers funding to San Bernardino homeowners 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 20 years. In San Bernardino, HERO is a public/private financing program with Renovate America, San Bernardino Associated Governments (SANBAG) and your city or county. | HERO offers funding to Western Riverside homeowners 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 20 years. In Western Riverside, HERO is a public/private financing program with Renovate America, Western Riverside Councils of Government (WRCOG) and your city or county. | HERO offers funding to homeowners 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 20 years. In California, HERO is a public/private financing program with Renovate America, Western Riverside Councils of Government and your city or county. |