Milwaukee County Home Repair Loan Program
We know that many people are concerned about keeping theirÂ homes in good repair- but sometimes things need attention at times when we don't have the money available.
Milwaukee County has a Home Repair Loan Program available to income qualified homeowners for almost any repair that they may need to do to the structure of their home. This program has no application fees, pre-payment penalties or any other costs.Â The loans carry a variable interest rate that runs from zero to 3%.Â Â Maximum qualifying income is based on household size : 1 person (37,900) 2 persons ($43,300) 3 persons ($48,750) 4 persons ($54,150)Â 5 persons ($58,500)Â These income levels are 2008 figures.
The amount loaned and the term of the loan is determined by the work to be done, the equity you have in your home and the money you can afford to pay.Â Â Â Milwaukee County staff will inspect the work upon completion and arrange payment to the Contractor upon homeowners approval.
If you have questions or wish to apply call:Â 414-289-6417
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