Home Run Financing Receives Approval in California to Provide Unsecured Home Improvement Loan Product, Called Home Run Loans

LOS GATOS, Calif., Sept. 10, 2021 /PRNewswire/ — Home Run Financing (previously PACE Funding Group, LLC) announced today that it has received approval from the California Department of Financial Protection and Innovation (DFPI) to provide their new, unsecured home loan product, called Home Run Loans, to homeowners in California.

The company has been providing Property Assessed Clean Energy (PACE) funding for renewable energy and energy- and water-efficiency home improvements since 2014, and later for earthquake hardening and wildfire preparation. Through Home Run Loans, homeowners can now finance the same types of projects allowable under PACE, in addition to

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Heartland Financial offers home improvement loan to low-income clients

Heartland Financial USA Inc., or HTLF, a bank holding company based in Dubuque, Iowa, is offering a home improvement loan product designed for low- and moderate-income homeowners through its 11 chartered units in 12 states.

This fixed-rate installment loan is secured by the borrower’s primary residence. It has a 60-month term, with dollar amounts between $5,001 and $14,999.

“This is another way we can help serve the communities that we’re in,” said Brian Jensen, senior vice president, segment marketing director at HTLF. “We know that a lot of larger national banks have announced they’re discontinuing some lending, pulling back

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