Home Repair Loan
Making essential repairs possible.
Loan amounts from $5,000-$15,000.
Fixed interest rate of 1.5%.
10 year-term to pay off the loan.
Do you qualify for the Home Repair Loan Program?
Be a Shelby County resident.
Be the owner/occupant of the property in need of repairs.
Have a minimum credit score of 580.
Proof of 24 months of employment history.
Proof of homeowners insurance.
Current property taxes paid.
Be discharged or dismissed of any bankruptcy charges over the past 24 months and have reestablished credit history.
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.