Property Improvement Loan Insurance
- Listed: January 17, 2019 5:34 pm
- Expires: 997834 days, 20 hours
Description
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Program Description
The Federal Housing Administration (FHA) makes it easier for consumers to obtain affordable home improvement loans by insuring loans made by private lenders to improve properties that meet certain requirements. Lending institutions make loans from their own funds to eligible borrowers to finance these improvements.
Program Requirements
Eligible borrowers include the owner of the property to be improved, the person leasing the property (provided that the lease will extend at least 6 months beyond the date when the loan must be repaid), or someone purchasing the property under a land installment contract.
Loan Terms
Please contact an FHA-approved lender for loan term information. To find an FHA-approved lender, visit:
http://www.hud.gov/ll/code/llslcrit.cfm
Application Process
To obtain an FHA insured mortgage, contact an FHA-approved lender at:
http://www.hud.gov/ll/code/llslcrit.cfm
Contact Information
To read more about this program, go to:
http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/title/title-i
To contact a HUD Housing Counseling agency, go to:
https://entp.hud.gov/idapp/html/hecm_agency_look.cfm
To contact the Federal Housing Administration (FHA), please use one of the following methods:
Visit us at:
http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing…
Write us at:
U.S. Department of Housing and Urban Development
Federal Housing Administration
451 Seventh St., SW
Washington, D.C. 20410
Call us at:
1-800-CALL-FHA (1-800-225-5342) or via Federal Information Relay Service (w/TTY): 1-800-877-8339
Email us at:
answers@hud.gov
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