Heritage Home Program: Excellent Terms for Home Improvement Loans
Released: 3/5/2013
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The City of Lyndhurst has partnered with the Cleveland Restoration Society to offer low-interest home rehabilitation loans for homeowners of properties 50 years or older.
 
Our Heritage Home Program(SM) is now available for as low as 1.4% (interest rate) for up to a 10 year term and is financed through KeyBank. Homeowners can use the Heritage Home Program financing services for a large variety of home maintenance and improvement projects. Many types of projects qualify including interior remodels, exterior maintenance, weatherization, mechanical systems, new roofs and much more.
 
Since this is a restoration-based program, the house should retain a majority of its original exterior materials. There are no out of pocket costs for the loan, no closing costs and no points. There are also no income restrictions and interest from the loan is tax deductible. If you have any questions about your old home, or are interested in our loan program, please contact the Heritage Home Program for additional information at (216) 426-3116 or hhp@heritagehomeprogram.org.
 
The Cleveland Restoration Society also offers free technical assistance to residents throughout the city. Heritage staff provides in depth assistance to homeowners in the form of site visits, historic color consults and information resources.


Information provided by:
The City of Lyndhurst, Ohio @ www.lyndhurst-oh.com

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