Will a PACE assessment affect my monthly mortgage payment?

Since PACE assessments are repaid through your property taxes, if your lender (mortgage company) escrows your property taxes, the monthly payment that you make to your lender will increase to cover the resulting increase in property taxes.

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1. What is Property Assessed Clean Energy (PACE)?
2. What kinds of improvements are eligible for PACE financing?
3. What are the benefits of PACE?
4. Is PACE right for me?
5. Will a PACE assessment affect my monthly mortgage payment?
6. How do I qualify for PACE financing?
7. Why do the PACE providers need to pull my credit?
8. What happens if I sell or refinance my property?
9. Can I payoff my PACE assessment early? Are there penalties?
10. What are the interest rates?
11. Can I use any contractor?
12. Are the PACE programs funded/subsidized with City funds?
13. What happens if a PACE assessment is not paid?