Rolling / unspecified deadlineMaryland

Refinance & Rehab Loan

A loan for existing homeowners in a designated Healthy Neighborhood in Baltimore City that refinances their current mortgage and provides additional funds for home renovations and improvements. Offered by Healthy Neighborhoods, Inc..

Key Facts

Funder
Healthy Neighborhoods, Inc.
Award amount
Not specified by funder
Deadline
Rolling / not specified
Geography
Maryland
Categories
Community Development
Status
Open

About This Grant

A loan for existing homeowners in a designated Healthy Neighborhood in Baltimore City that refinances their current mortgage and provides additional funds for home renovations and improvements. The loan carries a fixed interest rate 1% below market rate, allows borrowing up to 110% of the after-rehabilitation appraised value (maximum loan $375,000), and requires no private mortgage insurance. Architectural design assistance from a firm is available to help borrowers plan improvements and...

Full requirements and application instructions: official listing.

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