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Are you wanting to renovate your home, but don’t have all of the money to do it?

ST. Evans Inc. offers a solution, the HERO Program! The HERO Program is a financing program that ST. Evans Inc. offers to their customers to help them get the home they want. Learn more about the HERO Program from the information below.

 

What is the HERO Program?

The HERO Program is an energy efficient financing program in the United States. The name HERO stands for Home Energy Renovation Opportunity. The HERO Program is a Property Assessed Clean Energy (PACE) Program, which provides financing for energy-efficient, water-efficient and renewable energy products to home and business owners in approved communities within Missouri. The financing provided by the HERO Program is repaid through annual property tax payments, which are collected by the County and in some cases may be passed on to a new property owner if the property is sold.

 

How do I get approved?

Homeowners who meet the minimum criteria are eligible for financing through the HERO Program. Once a homeowner or commercial property owner is eligible for HERO Program financing, HERO finances 100% of the cost to purchase and install eligible energy saving products. The repayment of the financing is included in the property tax bills. Property tax payments that are made through an impound escrow account will be adjusted on the monthly payment by the lender. Similar to a mortgage, the interest paid on the principal balance may have tax benefits.  Should a property be sold before the financing is repaid, in some cases the remaining payments can be passed onto the new property owner.

 

Call ST. Evans Inc., today!

You are probably wondering does the HERO Program work for you and your family. ST. Evans Inc. is here to help you figure that out! Give us a call today, so we can help you with your financing and construction needs to have the beautiful, affordable renovated home that you and your family wants!

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