Home Improvement Loans

Home improvement loans are a way to keep a home in good shape. But some loans are what are called “predatory loans.” Predatory loans have high fees and interest rates and can cause financial trouble for a borrower.

Two agencies offer loan products to help homeowners avoid predatory loans.

UAC logo

With DHCD support the Urban Affairs Coalition offers home improvement loans for homeowners with less-than-perfect credit. PHIL-Plus and Mini-PHIL loans are with reputable banks and include housing counseling. Information is online or at 215-851-1847.

PHFA Keystone R R

The Pennsylvania Housing Finance Agency offers the Keystone Renovate & Repair Loan Program. This program provides guidance and financing to help homeowners maintain and improve their home. Information is online or at 855-827-3466.