A 9 percent year-over-year increase in home home improvement, according to CoreLogic Chief Economist Frank Nothaft in the report. Meanwhile, homeowners with negative equity who continue to pay on their principal for their amortizing mortgage loan The flexibility of a personal loan means borrowers can use financing obtained from one for numerous reasons, including home repairs, purchase of a home or automobile, as well as going on vacation. In the past, before the recession, securing quick personal In today’s housing market, renovation and home improvement loans are becoming more and more popular. The first step in the loan process is to determine what the borrower qualifies for in order for them to get pre-approved. Once the borrower finds a home There is a wonderful alternative for this kind of a requirement in the form of a home improvement loan which most of the home loan borrowers are eligible for. Eligibility: The basic eligibility criteria for the home improvement loan are quite simple. Single Family Housing Direct Home Loans are for families seeking financing to purchase (existing or new construction), repair or improve a home. This subsidized housing program offers loan benefits as down payment assistance to enable purchase with a loan Alma Egan applied nearly two years ago for a loan to repair her roof in the city’s Masten District. The loan was approved, and the contractor’s bid accepted. But the loan still hasn’t come through – and she has since died. For 205 low-income .
(BPT) - If you’re planning a home improvement project this year, you’re in good company. The economy and housing market are recovering, home values and equity are rising, and many homeowners are beginning projects they had put off over the past few years. This is a guest blog post by Ryan Carey, of My 3 Quotes. Tell me if you can identify with this scenario- You bought your house before 2008, when values were at their most inflated. Your credit isn't bad, but you still don't have any equity since your house The U.S. Department of Agriculture's Rural Development department is offering loans and grants to assist homeowners with home repairs. This program provides loans to low-income homeowners to repair or improve their homes and provides grants to elderly low U.S. Department of Agriculture Rural Development can make 1-percent home repair loans to eligible homeowners with modest incomes, said Illinois Rural Development Director Colleen Callahan. Funds can be used for a wide range of home repairs when losses are .