Home Repair Loan

Making essential improvements possible.

At United Housing, we understand a home in need of repairs can put financial stress on families. To combat those issues, UHI offers a home repair loan program for those who need to make critical updates. 

  • Loan amounts from $5,000-$15,000.  

  • Very low, fixed interest rate of 1.5%. 

  • 10 year-term to pay off the loan. 

  • No appraisal is required. 

Do you qualify for the Home Repair Loan Program? 

  • Be a Shelby County resident. 

  • Be the owner of the property in need of repairs. 

  • Have a minimum credit score of 580.  

  • Proof of homeowners insurance. 

  • Current property taxes paid. 

  • Be discharged or dismissed of any bankruptcy charges over the past 24 months.  

  • Reasonably prove that income will continue for 3 years. 

Is the Home Repair Loan for me? 

The Home Repair loan can be used for improvements* including but not limited to: roofing, mechanical, electrical, plumbing, systems (HVAC, water heater, etc.), weatherization and energy conservation (windows, doors, insulation), handicapped accessibility improvements, safety and security upgrades, exterior repairs, and code violations. 

*This loan is not for cosmetic remodels. A United Housing home inspector will work with you on qualified repairs and work is to be completed by one of UHI’s many reliable contractor partners.