Veteran Home Repair Loan

Help for Veterans Needing Home Repairs

INHP offers veterans a way to affordably finance expensive home repairs and accessibility modifications with your limited budget in mind.

Qualifying repairs/modifications may include:

  • Essential Repairs: roof, gutters, plumbing, furnace, water heater, structural, electrical, septic tank, etc.
  • Accessibility modifications: bathroom grab bars, wheelchair ramp, doorway widening, walk-in shower, etc.

Loan Details

  • 0% interest/.25% APR*
  • No required monthly payment
  • No out-of-pocket expense
  • Maximum loan amount $15,000
  • Closing costs rolled into the loan (up to $600)
  • Contractor and project support through INHP

Loan Requirements

  • Current on home mortgage, property taxes and home insurance
  • Property must be owner occupied and in Marion County
  • Review of all outstanding liens and/or judgements
  • All parties on home title needs to sign loan
  • Must use a licensed, bonded and insured contractor and have property inspected
  • Income restrictions apply- participants must be 80% or less of the household Area Median Income (AMI) as determined annually by the U.S. Department of Housing and Urban Development.