* Annual Percentage Rates (APR) are based on household size and annual household income.
Annual Percentage Rates were calculated assuming the loan has a disbursement date of the first of the month. For example, when borrowing $25,000 for 20 years at 3% APR, your monthly payment would be approximately $138.65 and at 5% APR, your monthly payment would be approximately $164.99.

** As always, consult your tax advisor concerning tax deductibility.

Philadelphia Homeowners!
Does your kitchen or bathroom need updating?
Do you want to fix up your basement?
Would you like central air?
Have you put off home improvement projects?

Find your answer with a . . .

If you own and occupy your home in the City of Philadelphia, a Philadelphia Home Improvement Loan (PHIL) is a great opportunity to make those needed repairs and improvements. With no equity or home-appraisal requirements, you can apply even if you recently bought your home.

With great low rates and expanded income guidelines, now is the perfect time to take advantage of this offer.

A PHIL Loan features:

• Low fixed rates, 3% APR and 5% APR*
• Interest is usually tax-deductible**
• Borrow up to $25,000
• No application fees
• No recording fees
• No points
• Terms up to 20 years

How to Proceed
For more information, simply click on:

1. Eligible Improvements for a list of eligible and ineligible projects.
   
   
2. Guidelines for details on the program
   including interest rate information and qualification guidelines.
   
   
3. How to Apply for application information.
   
   
4. Payment Calculator to determine your monthly payment for a specified loan amount and term.
   
   
5. Frequently Asked Questions for answers to commonly asked questions.
   
   
6. Contact to ask questions about the program.
   
   
7. The Citizens Bank, PNC Bank and TD Bank links below will help you find the branch of a participating lender closest to you.