Does the federal government offer home improvement programs?

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Yes. Among the most popular:

Title 1 Home Improvement Loan. HUD insures the loan up to $25,000 for a single-family home and lenders make loans for basic livability improvements - such as additions and new roofs - to eligible borrowers.

Section 203(k) Program. HUD helps finance the major rehabilitation and repair of one- to four-family residential properties, excluding condos. Owner-occupants may use a combination loan to purchase a fixer-upper “as is” and rehabilitate it, or refinance a property plus include in the loan the cost of making the improvements. They also may use the loan solely to finance the rehabilitation.

VA loans. Veterans can get loans from the Department of Veterans Affairs to buy, build, or improve a home, as well as refinance an existing loan at interest rates that are usually lower than that on conventional loans.

Rural Housing Repair and Rehabilitation Loans. Funded by the Agriculture Department, these low-rate loans are available to low-income rural residents who own and occupy a home in need of repairs. Funds are available to improve or modernize a home or to remove health and safety hazards.

Discussion Forum

Topic	Posts	Last Poster
Ethics	1	Martina
Ethics	1	Martina
Life Outside of Real Estate	13	Martina
NEED AGENTS / & REFERRALS	35	Besearcher
$7,500 First-Time Homebuyer Tax Credit Focus of New Postcard Series	1	ProspectsPLUS
$7,500 First-Time Homebuyer Tax Credit Focus of New Postcard Series	1	ProspectsPLUS
The Beautiful Pacific Northwest - REFERRALS!	1	shelbygifford
Northern Virginia and Washington DC Referrals Wanted	1	Besearcher
Property Management	3	yxvayns
NEED AGENTS/ & REFERALS	1	lane1515

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