Key Benefits & Features:

• No Upfront Costs: PACE financing can cover up to 100% of eligible project costs, including equipment, materials, and labor, with no money down.
• Equity-Based Qualification: Eligibility for PACE is primarily based on your home's equity, rather than your personal credit score. This can make it a more accessible option for a wider range of homeowners.
• Fixed Interest Rates & Flexible Terms: PACE financing typically offers fixed interest rates, commonly ranging from approximately 6% to 9%. Repayment terms are flexible, often available from 5 to 20 years, and in some cases, up to 30 years, which can help keep your annual payments manageable.
• Potential for Low Payments: Depending on the project cost, repayment term, and other factors, payments can be designed to be as low as $99 per month, though the exact payment amount will vary based on the specific HVAC unit required, project scope, interest rate, and chosen repayment period.
• Eligible HVAC Improvements: PACE financing can be used for a variety of energy-efficient HVAC projects, including:
  
  • High-efficiency HVAC system upgrades and replacements
  • Ductwork improvements
  • Air quality enhancements
  • High-efficiency heat pump installations
    

Eligibility Requirements for Homeowners:

To qualify for PACE financing through Air Titans Pro, LLC, your property and financial situation must meet certain criteria:

• Homeownership: You must be the owner(s) of record of the property.
• Geographic Availability: Your property must be located within a participating Florida county or municipality that has authorized PACE programs. PACE is available in over 180 cities and towns across 22 counties in Florida. Please contact us to confirm eligibility for your specific zip code.
• Property Tax Status: All property taxes and other assessments levied on your property tax bill must be current and not have been delinquent for the preceding three years (or your period of ownership, if less).
• Mortgage Status: All mortgage debt on the property must be current and not delinquent.
• Lien & Default Status: There must be no involuntary liens (such as construction liens) or notices of default recorded on the property during the preceding three years.
• Property Equity: The amount financed through PACE typically cannot exceed 20% of your property's just (assessed) value, unless additional approval from mortgage lenders is obtained.

Important Disclosures & Considerations:

• Super-Priority Lien: PACE assessments create a "super-priority" lien on your property. This means the assessment takes precedence over most other liens, including your mortgage.
• Impact on Sale or Refinance: While PACE assessments are designed to stay with the property upon sale, many mortgage lenders (especially those backed by Freddie Mac and Fannie Mae) may require the PACE assessment to be paid in full before you can sell or refinance your home. We strongly recommend consulting with your mortgage lender before entering into a PACE financing agreement.
• Consequences of Non-Payment: Failure to pay your PACE assessment can result in the issuance of a tax certificate against your property, and ultimately, could lead to foreclosure and loss of your property, similar to failing to pay your property taxes.
• Not a Government Subsidy: While authorized by local governments, PACE is a private financing program and not a government subsidy.
• Contractor Due Diligence: Air Titans Pro, LLC is a licensed contractor approved to offer PACE financing. All work performed will be properly permitted and installed by licensed professionals meeting applicable codes and standards. However, we encourage all homeowners to perform their own due diligence when selecting any home improvement contractor.
• Energy Savings: While PACE financing encourages energy-efficient improvements that can lead to savings, the law does not require verification of estimated energy savings. Any figures provided by a contractor regarding potential energy savings should be independently verified by you.
• Statutory Disclosure: As required by Florida Statute § 163.08(14), please be aware of the following:
  "QUALIFYING IMPROVEMENTS FOR ENERGY EFFICIENCY, RENEWABLE ENERGY, OR WIND RESISTANCE. The property being purchased is located within the jurisdiction of a local government that has placed an assessment on the property pursuant to s. 163.08, Florida Statutes. The assessment is for a qualifying improvement to the property relating to energy efficiency, renewable energy, or wind resistance, and is not based on the value of property. You are encouraged to contact the county property appraiser's office to learn more about this and other assessments that may be provided by law.”

We encourage you to carefully review all terms and conditions of any PACE financing agreement and discuss your options with a financial advisor to determine if PACE is the best financing solution for your specific project and financial situation.

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