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Updated over 7 years ago on .

User Stats

90
Posts
24
Votes
Ricardo Murph II
  • Specialist
  • Cleveland
24
Votes |
90
Posts

Housing Enhancement Loan Program/ Heritage Home Program

Ricardo Murph II
  • Specialist
  • Cleveland
Posted

There is an old house that I have under contract. I am exploring my next move.  My contractor told me about loans for home improvement in Cleveland. Looked it up and found the Housing Enhancemet Loan Program and Hertage Home Program. Has anyone used these loans? They are only ~2% interest rate for 5-10 years. Is it worth the paper work?  Is it hard to get?  Is it restrictive on what the money can be used for?