Property Improvement Loan Insurance

Managing AgencyFederal Housing Administration (FHA)https://www.hud.gov/program_offices/housing/fhahistory 
Program Description

The Federal Housing Administration (FHA) makes it easier for consumers to obtain affordable home improvement loans by insuring loans made by private lenders to improve properties that meet certain requirements. Lending institutions make loans from their own funds to eligible borrowers to finance these improvements.

General Program Requirements

Eligible borrowers include the owner of the property to be improved, the person leasing the property (provided that the lease will extend at least 6 months beyond the date when the loan must be repaid), or someone purchasing the property under a land installment contract.

Loan Terms

Please contact an FHA-approved lender for loan term information. To find an FHA-approved lender, visit:
http://www.hud.gov/ll/code/llslcrit.cfm

Your Next Steps
The following information will lead you to the next steps to apply for this benefit.
Application Process

To obtain an FHA insured mortgage, contact an FHA-approved lender at:
http://www.hud.gov/ll/code/llslcrit.cfm

Program Contact Information

To read more about this program, go to:
http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/title/title-i

To contact a HUD Housing Counseling agency, go to:
https://entp.hud.gov/idapp/html/hecm_agency_look.cfm

To contact the Federal Housing Administration (FHA), please use one of the following methods:

Visit us at:
http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing...

Write us at:
U.S. Department of Housing and Urban Development
Federal Housing Administration
451 Seventh St., SW
Washington, D.C. 20410

Call us at:
1-800-CALL-FHA (1-800-225-5342) or via Federal Information Relay Service (w/TTY): 1-800-877-8339

Email us at:
answers@hud.gov