Healthy Neighborhoods loans make it easy to purchase and renovate. Whether you want to buy and renovate a home or improve the one you own, both are affordable and achievable!
Eligible communities in Southeast and East Baltimore: Baltimore Highlands, Ellwood Park, Greektown, Highlandtown, McElderry Park, Patterson Park, and Patterson Place. For a complete list of eligible blocks, visit the Healthy Neighborhoods website here.
HEALTHY NEIGHBORHOODS PURCHASE & REHAB LOAN
The Healthy Neighborhoods Purchase & Rehab Loan is available for home purchases with the following terms:
- Must be your primary residence.
- 1% below Fannie Mae interest rate.
- No monthly mortgage insurance payment.
- Just 3% down.
- Renovation matching grant of up to $10,000 for those that qualify.
Click here for more details.
HEALTHY NEIGHBORHOODS HOME IMPROVEMENT LOAN
Update your kitchen with state-of-the-art appliances, beautify your backyard with gardens, patios, and fences, or upgrade to energy-saving mechanical systems. Dream it and let us help make it your reality!
Home Improvement Loan has the following terms:
- Must be your primary residence.
- Borrow between $5,000 – $20,000.
- The interest rate is always 1% below the prime rate but never less than 4%.
- Renovation matching grant of up to $10,000 for those that qualify.
Click here for more details.
WANT TO KNOW MORE?
Contact us at 410-342-3234 or intake@southeastcdc.org for more information.