FHA Title I Property Improvement Loan

About This Program

The FHA Title I Program insures loans by private lenders for home improvements, making financing accessible even without home equity. New Orleans homeowners can borrow up to $25,000 for virtually any improvement that increases livability. Loans under $7,500 are unsecured; larger loans use the home as collateral. Terms up to 20 years at competitive rates.

Loan product, not a grant. Interest rate set by the participating lender. No equity required.

Key Details

• Up to $25,000 FHA-insured home improvement loan
• No equity required; no minimum credit score from HUD
• DTI must be 45% or less; lender rates apply
• Loans under $7,500 unsecured; larger loans secured by home
• Available through FHA-approved lenders; terms up to 20 years

How to Apply

Deadline: Ongoing through FHA-approved lenders