NPHS’ Home Improvement Loan offers up to $50,000 for each eligible household in the Inland Valley to be used for financing any desired home improvements including health and safety repairs, beautification projects, and energy efficiency upgrades. The purpose of this Home Improvement Loan is to provide affordable loan terms to assist low-income single-family homeowners (earning below 80% of the Area Median Income) with access to affordable financing options for home improvement projects that will create safe, desirable, and sanitary housing. Most permanent interior and exterior improvements are eligible. Homeowners may also use the loan to finance repairs that will enhance accessibility for disabled individuals and improve the energy efficiency of their homes to save on energy costs. Permanent beautification upgrades that will help the borrower build equity, such as kitchen and bathroom remodels, will also be an eligible use of funds. Non-permanent upgrades such as furniture, non-permanent appliances, funds for working capital, debt services, refinancing existing debt, and work initiated prior to approval are not eligible for financing under the NPHS Home Improvement Loan. Funding shall not be provided to rehabilitate or repair dwellings that contain illegal conditions such as, but not limited to, illegal room additions and garage conversions.

The NPHS Loan is a 20-year amortized loan with a 2.99% rate available for eligible homeowners. There is no prepayment penalty for borrowers who complete payments ahead of schedule. Borrowers who wish to refinance their homes may only do so for a better rate and term from the first mortgage lender. Any cash-out refinance scenarios would trigger the NPHS Home Improvement Loan becoming due in full. Funds are available on a first-come, first-served basis with a fully completed intake form.

In order to effectively determine your eligibility, please complete this application as thoroughly and accurately as possible.  The application, along with all required documents must be submitted in order for NPHS staff to review for eligibility. Please do not authorize any construction until you have been fully approved and your loan has been funded by NPHS.

Applications should be submitted to Curtis Miller, Community Lending & Investment Manager via email at Curtis@nphsinc.org or in person at the NPHS Headquarters located at 9551 Pittsburgh Avenue, Rancho Cucamonga, CA 91730.