When to refinance CPACE loan

Refinancing a CPACE loan means paying off an existing CPACE loan and replacing it with a new one. There are many reasons why to refinance. For example: To obtain a lower interest rate, to short the term of the CPACE loan and to convert from an adjustable rate to a fixed rate

How it Works

Step 1

States pass legislation authorizing CPACE financing, which then allows counties & cities to develop a CPACE program. CPACE administrators are selected to regulate the CPACE program and other counties and cities may choose to opt into the program.

Step 2

Property owners and Developers secure CPACE financing from a CPACE lender, alongside senior loan and equity.

Step 3

Loan Funds are then repaid via a special assessment on the property tax bill.

Get in touch

Office

San Diego, CA

Contact

[email protected]
www.cpacelending.com

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