What are eligible energy related products & improvements?
ABOUT NRTT PACE SOLUTIONS
- NRTT PACE Solutions has successfully implemented and established a simple, secure, and normalized servicing model that has set the precedent for PACE loan servicing across the country.
- As a value added service our firm provide PACE economic analysis, fiscal and program implementation consulting, and PACE administration across the country
- Our servicing infrastructure provides all stake holders with a simplified, guaranteed, and streamlined program that allows local governments, lenders, originators, administrators, contractors, and borrowers so focus on green energy and make informed decisions while resting assured the NRTT PACE Solutions takes care of everything along the way
- NRTT PACE Solutions is equipped to handle taxing authorities, facility amounts, project types, and loan volume of any amount and kind.
- Our servicing capabilities and controls are acknowledged in our annual SOC 1 exam and SEC REG AB audit.
- Our servicing strength is built upon the experience of more than twenty different professional team members whose collective experience ranges from quality assurance, loan servicing, originations, accounting, title, and governmental grade database management.
Servicing & Administration Services
NRTT PACE Solutions services all facets of clean energy loans, an overview of our servicing and administration includes but is not limited to the following:
- New loan/bond set up in database
- Correspondence with lender to coordinate project milestones
- Maintain parcel, loan, & bond database with project details
- Filing of liens and levies in applicable taxing authorities
- Confirm assessment payment schedule with taxing authority
- Assist taxing authority in PACE administration duties
- Confirm timely payment of assessment
- Engage in special servicing as needed*
- Special Servicing
- While we are not a collections agency, NRTT PACE Solutions can provide special servicing solutions to your institution to optimize the collections and recovery process.
- Special Servicing
- Prepare payoff quotes and redemptions
- Lien and levy releases
- Prepare bond call worksheets for trustee and all investor reporting requirements
- Answer property and/or building owner inquiries