Who said that?
"If you lay out enough requirements, you can disqualify even the most qualified applicant."
-- Mike Lemyre, senior vice president of Ygrene Energy Fund, the largest PACE provider in South Florida
Home improvement financing now offered in Florida with no money down and no minimum credit score requirement could become more difficult to get under a new federal law recently signed by President Donald Trump.
The law directs the Consumer Financial Protection Bureau to write new rules requiring consumers nationwide to undergo an “ability-to-pay” analysis before they could be approved for Property Assessed Clean Energy (PACE) financing for storm hardening and energy efficiency improvements.
Read more at the South Florida Sun-Sentinel.