Skip to main content

Union Bank® Advantage

HERO Loans

Want to remove your HERO financed loan? We can help.

The HERO (Home Energy Renovation Opportunity) Program is a Property Assessed Clean Energy (PACE) Program, which provides financing for energy-efficient, water-efficient and renewable energy products to homeowners in approved communities within California.

The financing provided by the HERO Program is repaid through annual property tax payments.

Reasons to remove your HERO loan:

  • HERO loans generally have higher interest rates than mortgage loans
  • HERO loans are not deductible as property taxes
  • HERO loans function as a lien on your property
  • HERO loans are tied to the house, not the homeowner, so the tax payment is passed on to whoever owns the home after you Refinance and save!

At Union Bank,® we can help you refinance1 to consolidate your HERO loan and lower your property tax bill!

Hero loan

Discover the Union Bank advantage


At Union Bank, we’re committed to helping you make your home ownership dreams and refinancing needs a reality. Count on our skilled mortgage specialists for the personal, professional service you need every step of the way.

Loans subject to credit and collateral approval. Not all loan programs are available in all states for all loan amounts. Fees and restrictions may apply. Terms and conditions subject to change. Minimum credit score and reserve requirements apply and may impact the amount that can be borrowed and the interest rate/APR for which you are eligible. A non-refundable $550 application fee is required.

1 - Conforming loans available for cash-out refinance transactions only.