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Find Homeownership Incentives

Quick Fix Loan

Current Home Owners Only Rehab Project

Type Of Program

Home Repair Loan

Program distribution

Grant

Program Originator

NHS Baltimore

Amount

$3.00

Contact

NHS Baltimore

Blocks

Location
Description

This is a mortgage loan product for eligible Baltimore City or County homeowners who need to make home improvements. Eligible applicants can choose their own contractors and may close in as little as 30-days. The maximum loan amount is up to $7,500 at a 5% interest rate payable for up to 5 years. Applicants must have a credit score of at least 620, must have equity in the amount of the loan, and reside at or below 120% of the AMI.


AMI Limit

Yes

AMI

120% (or below)

Employer Participation Required

No

Must Earn Counseling Certificate

No

Eligibility Limitations

- Must be a Baltimore City or County Resident - Must reside at or below 120% of the Area Median Income - Must be a current homeowner - Must have a credit score of at least 620 - Must have equity in the amount of the loan

Cash Sale Permitted

Yes

Cosigner Permitted

Yes

Owner Financing Permitted

Yes

Must be Primary Residence

Yes

Program Provider's Contact Name

NHS Baltimore

Program Provider's Address

25 E. 20th Street, Suite 170 Baltimore, MD. 21218

Program Provider's Phone

4103271200

Program Provider's Email

lendingadvisor@nhsbaltimore.com