Programs help homeowners pay for new roofs, gutters, siding and replacement windows:
Did you know you can still get government help, if needed for home repairs? In fact, according to USA.gov/repairing-home, home improvement loan programs are some of the most common type of government financial assistance for home improvements.
FHA has a 203K rehabilitation mortgage program. This program allows homeowners to borrow an extra $35,000 on their mortgage for home repairs and improvements that make the home more safe, sanitary and secure.
USDA has a section 502 guaranteed loan program that helps income constrained families in rural areas to finance repairs. USDA offers a 502 mortgage to allow homeowners to have repairs done if they cannot afford to do the repairs otherwise. The amount they can borrower varies by area, home value and the homeowner’s capacity to repay the mortgage. USDA loan rural development loan programs are more flexible than conforming loans, but are limited by location.
Why it matters:
When you are worried about how to pay for that new roof, siding, gutters or replacement windows, there are programs that can help you get the assistance you need to keep your home Safe and Secure. All Pro Xteriors Inc. has the skilled professionals and the experience to install the home improvement you need to keep your home safe. Visit us at http://allproxteriorsinc.com/contact/ or call us at (952) 486-7834 for a free inspection and estimate.