LBNA Home Loan Programs Update
Due to overwhelming demand for these loans, our home improvement loan programs are currently out of funds. The LBNA board will meet in December to discuss adding more funds to these programs. Thank you for your patience, we hope to have an update soon!
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New!! Deferred Home Improvement Loan Program for Lind-Bohanon Residents!! 💵🏡
Get up to $5,000 for improvements!
🌟0% APR, Loan amounts from $500 – $5,000
🌟No down payment required. No income limits
🌟Loan is forgiven after 5 years. 100% of the loan is due upon selling, transferring or the property is no longer owner-occupied prior to 5 years.
Call 612-335-5884 or visit https://www.mncee.org/programs-lind-bohanon-residents to apply!
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Senior Deferred Loan Program
Are you 62 or older with home upgrades to make? Are you a Lind-Bohanon resident? LBNA has a loan program just for you!
- 0% APR
- Loan amounts from $500 – $7,500.
- No down payment required.
- No income limits.
- At least one borrower must be at least 62 years of age.
- Loan is secured by a mortgage on the property.
- Loan is forgiven after 5 years. 100% of the loan is due upon selling, transferring or the property is no longer owner-occupied prior to 5 years. The loan may also become due and payable upon refinance.
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Home Improvement Loan Program and Down Payment Assistance
Lind-Bohanon has a home improvement loan with a 2% interest rate for residents under the age of 62 and down payment assistance programs for Lind-Bohanon residents.
If you have any questions about our loan offerings, don’t hesitate to reach out to CEE at 612-335-5884 or visit https://www.mncee.org/programs-lind-bohanon-residents.