Financing your new HVAC system
An investment in a new HVAC system is one of the larger ones you will make as a homeowner. When your system eventually fails or performs so poorly that you have to replace it, you’ll need to make a decision about how to pay for it. Below are three of our partners that provide very reasonable solutions:
If you live in the service area of SMUD you are eligible to use this option. It’s a fixed rate loan at 6.99%. That’s a pretty good rate, which has held up at that number even though the Federal Government has raised interest rates several times recently. For now, it’s still 6.99%. Most customers that choose this option select a ten year term for the loan.
Ygrene is the leading provider of PACE financing in the Greater Sacramento Area. Some of the key points to know are that HVAC projects are 100% eligible, no money down, and not based on credit score. The only requirements are that you must be current on your property taxes, been on time on your mortgage payments, and if you have had a bankruptcy, you must be 24 months removed from it.
Synchrony (NYSE: SYF) is one of the nation's premier consumer financial services companies. Their roots in consumer finance trace back to 1932, and today they are the largest provider of private label credit cards in the United States based on volume and receivables. We have chosen to partner with them because of their favorable programs revolving around the HVAC business. Fast, simple, smart financing available.
