December 18, 2014

Home Improvement Loans

NYC HPD (HIP) HOME IMPROVEMENT LOANS (2.5% & 5%)

We fill out HDP (HIP) Home Improvement Loans with required documents to help homeowners repair masonry, roofing, plumbing, boiler/furnace replacements, and electrical wiring with low-cost interest loans.

NYC HPD (HIP LOANS)

Affordable 2.5% and 5% Loans for One to Four Family Loans

home improvement

Capture99

Borrow $2000-$30,000 and pay back loan over a maximum of 10 years. Must be the owner-occupant of the home.

MAXIMUM ANNUAL ELIGIBLE INCOME

Household Size2.5% Loan5% Loan
1$47,000$82,000
2$53,700$93,975
3$60,400$105,700
4$67,100$117,425
5$72,500$126,875
6$77,850$136,250
7$83,250$145,675
8$88,600$155,000
LoanMonthly PMT 2.5%Monthly PMT 5%
$2000$18.85$21.21
$5000$47.13$53.03
$10,000$94.27$108.06
$15,000$141.40$159.09
$20,000$188.54$212.13
$25,000$235.67$265.14
$30,000$282.81$318.19