Community Home Improvement Mortgage

Concept of Community Home Improvement Mortgage in the context of Real Property

A short definition of Community Home Improvement Mortgage: A loan for low to moderate income buyers to borrow more than the usual 80% loan to value when a portion of the funds will be used to improve or make repairs on the property. The theory is that improvement of individual properties will benefit the whole community.

Concept of Community Home Improvement Mortgage in the context of Real Property

A short definition of Community Home Improvement Mortgage: A loan for low to moderate income buyers to borrow more than the usual 80% loan to value when a portion of the funds will be used to improve or make repairs on the property. The theory is that improvement of individual properties will benefit the whole community.