Improvement Ideas:

New roof
Build a deck
Replacement windows
Enclose your porch
  PHILADELPHIA HOME IMPROVEMENT LOAN PROGRAM






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 Available only through participating lenders:
PNC Bank, Bank of America, Citizens Bank and TD Commerce Bank

GUIDELINES
How can I qualify for a PHIL loan?

  1. You must own and occupy a house in the City of Philadelphia.
  2. You must meet the lender's creditworthiness requirements.
  3. Interest rates are based on household size and annual household income as outlined below:

Household
Size
1
2
3
4
5
6
7
 8+

Income guidelines subject to change

For example, if you have 3 people in your household, and your combined household income is $76,935 or less per year, your interest rate would be 3%.

Maximum Annual
3% Loan
$59,800
$68,310
$76,935
$85,445
$92,230
$99,130
$105,915
$112,815

Household Income
5% Loan
Unlimited
Unlimited
Unlimited
Unlimited
Unlimited
Unlimited
Unlimited
Unlimited