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Ygrene Works allows your city or county to bring best-in-class PACE financing to its constituents by providing 100 percent, no money down, tax-deductible project funding with the lowest rates and fees to residential and commercial property owners.
What is the interest rate on Ygrene loans?
Ygrene interest rates vary based on the customer - the company does not specify what their minimum and maximum interest rates are for PACE financing. But generally, PACE financing options will have interest rates ranging between 8% and 9%.
Is Ygrene a legitimate company?
Ygrene is one of six companies approved to operate through the PACE program in South Florida. \u201cI know it's a good program, I know there are a lot of people who have taken advantage of the program, but there are a lot of people who have been taken advantage of also,\u201d Miami-Dade Property Assessor Pedro Garcia told us.
Can I pay off my Ygrene loan early?
There is no prepayment \u201cpenalty\u201d for paying off your financing early. However, a processing fee will be charged if the PACE financing is paid off early, and interest may be due according to the amortization schedule. The processing fee may vary by state \u2014 please contact Ygrene Customer Care for further details.
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