Low Interest Government Home Improvement Loans For People With Bad Credit In USA

July 8, 2013 - PRLog -- Wouldn’t it be great to get low interest government home improvement loans to make one’s house more energy efficient? Well, it can be done, and Real-estate-yogi.com is here to share some pointers about it, such as:

·         FHA Interest-Free Loans

·         HUD’s 203(k) Loan

·         NYC Loans

·         Process of Obtaining Loans

Federal Housing Authority Loans

The FHA, part of the Department of Housing and Urban Development (HUD), has a low-interest government home improvement loan that will appeal to many people. It’s a $25,000 “green up” loan, meant specifically to help folks get their homes into a more energy efficient setup. The idea behind this loan is that once the home is more energy conserving, it will save a homeowner almost twice that amount in energy efficiency over time. Apply for this helpful financial product through any FHA-approved lender.

Qualify For Low Interest Home Improvement Loans Even With Bad Credit, Apply Now! http://www.real-estate-yogi.com/home_imprv_contract.html

203(k) Loan through HUD

HUD comes through again! The agency offers low-interest government home improvement loans for folks from different walks of life. The HUD 203(k) loan is processed through FHA-approved financers who submit the applications for appraisal. The Section 203(k) plan is directed at helping homeowners update their homes in order to be more livable and salable. There is also a loan available just for Native Americans to aid in improving their abodes. This, in turn, assists communities and leads to neighborhood renewal, which is what HUD is all about.

New York City Loans

Some states and cities also have low-interest loans for home improvement through local government. One such place is New York City, which offers a home improvement loan program (HIP) as well as HPD (Housing Preservation & Development) loans. The HIP is aimed at helping owners of small houses improve them. These loans can be as much as $30,000 and can go a long way toward making a family’s home safer and more energy efficient. HPD loans go to owners of small building (up to 20 units) for minor to major renovations. Go to NYC.gov to learn more.

Free Assistance For Customers In USA For Home Improvement Loans, Get Approved Even With Bad Credit! http://www.real-estate-yogi.com/hi-home-improvement-loans.html

Application Process

There are several steps to take before getting low-interest government home improvement loans. Make a list of all necessary improvements, and then prioritize them. Check out what’s available from HUD, the FHA, and other governmental agencies. Go to the appropriate approved lender and fill out the application. The last step is to wait for approval and then hire the contractors required to get the job done.

www.Real-Estate-Yogi.com is a helpful, no-cost website whose mission is to help homeowners with their property-related issues by accessing the brilliant minds of the realty experts that fuel the site. For a free consultation, dial 1-800-987-1397.