FHA Home Improvement Loan

Need a loan for home improvements?

 

No Equity? No Worries!

 

The FHA Home Improvement Loan from Dort Federal Can Help.

 

If you're looking at new siding, windows or need a new furnace for your home, and you're upside down on your mortgage, the *FHA Title I Home Improvement Loan is for you. You may qualify for a loan of up to $25,000, with competitive rates, and terms up to 15 years.

Get the money you need for your home with this new home improvement loan backed by the Federal Government.

Applications are available at all seven Dort Federal locations. Call 810.767.8390 and ask for a Member Service Representative or Mortgage Loan Originator for more information on this unique home improvement opportunity!

* The Title One Home Improvement loan is subject to credit approval. Annual Percentage Rate (APR) may be as high as 16%. Minimum loan amount of $5000. Maximum loan amount of $25,000. Loans at or above $7500 require a lien in first or second position. Terms subject to amount financed and credit score. Property must be occupied as primary residence by the borrower(s) for 90 days prior to loan. All funds must be used to improve the property. Improvements may not be started until loan is funded. See Dort Federal for complete list of eligible improvements. Manufactured Homes not eligible for program. Other restrictions may apply.