Financing
January 8, 2025
• 7 min read
• By So Flo Elite Builders
PACE Financing in Florida: The Complete Guide for Homeowners (2025)
If you've been putting off home improvements because of the upfront cost, PACE financing may be exactly what you've been looking for. Property Assessed Clean Energy (PACE) financing lets South Florida homeowners finance improvements with no money down, no hard credit pull, and fixed payments tied to their property tax bill. This guide covers everything you need to know about PACE financing in Florida for 2025.
So Flo Elite Builders is an authorized Ygrene PACE contractor — one of Florida's leading PACE financing providers. We can help you apply and get approved the same day in many cases.
What is PACE Financing?
PACE stands for Property Assessed Clean Energy. It's a government-backed program that lets property owners finance home improvements through an assessment added to their property tax bill. Unlike a traditional loan, PACE is tied to your property — not your personal credit. Approval is based on equity in your property rather than your credit score.
What Projects Qualify for PACE Financing in Florida?
- Hurricane impact windows and doors
- Roofing and roof replacement
- Solar panel installation
- AC systems and HVAC
- Kitchen and bathroom remodeling
- Flooring
- Insulation and weatherization
- Swimming pool upgrades
PACE Financing Benefits
- No money down — 100% of project cost financed
- No hard credit pull
- Fixed interest rates
- 5 to 25 year repayment terms
- Transfers with the property if you sell
- Fast — often same-day approval
How PACE Financing Works — Step by Step
- Apply at sofloelitebuilders.com/apply — takes 2 minutes
- Ygrene reviews your property equity — no hard credit pull
- You receive an approval amount
- We complete your project
- Financing is added as an annual property tax assessment
- You pay it off over 5, 10, 15, 20, or 25 years
Check Your PACE Financing Eligibility
Takes less than 2 minutes. No hard credit pull. No obligation.
Check My Eligibility →
Does PACE financing affect my credit score?
The eligibility check does not involve a hard credit pull and will not affect your credit score.
What happens to my PACE balance if I sell my home?
The PACE balance can transfer to the new owner or be paid off at closing. This is handled routinely in South Florida real estate transactions.
How much can I finance with PACE in Florida?
Many South Florida homeowners qualify for $20,000 to $100,000+ depending on property value and existing mortgage balance.