2015-01-20_HRA_Agenda_Packet - Laserfiche WebLink

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Improvement Loan $0 $0 No change Title $100 $100 $100 $60 $275 No change $0 No change Recording Fee $46 $46 $92 $46 $46 No change Credit Fee $15 $15 $15 $10.60 joint $15 No change Loan-to-Value 115% 110% 110%* 120% None 70% or less No change Debt-to-Income 55% None 48% $0 50% No change No change Minimum Loan $0 $0 $2,000 $2,000 $8,750 25% of Cost $2,000 $0 No change 10 years 30 years No change $0 $217,300 $40,000 None None $586 $161 $507 $586 3% Value of Home when line No limitation on use of 4.49% Variable 6.29% Fixed USBANK of credit loan. Interest refunded after 10 years of homeownership 120% of Shoreview’s Home Improvement $20,000 Any energy, $0 $314,640 – 120% of repair, replacement, Shoreview Medium Single Family and Townhomes only maintenance Prime +2% AMI 30 years no payment 25% of construction Single Family Only maximum $25,000 paid until sale of home. Forgiven Adding Space $350 3% admin fee 120% AMI after 30. 3% 0% 0% Single Family Only price up to $25,000 ears or due upon sale. payment paid until Forgiven after 30. $50,000 15% of Contract $0 $251,750 $0 Project must be sale of home. 10years 10years *** 10-20 years 30 years no Adding $50,000+ Space written down over the 10 y Fix Up Loan building/land and just building is $141,400 Community $96,500 $96,500 associations $350 $0 $250 or 1% interior of $50,000** up Loan 6.990%** Amount Maximum Loan $25,000 $15,000 $15,000- Family, Interest Rate 4% 0% 4.990%- ecured Debt and Credit Score. Single units Loan $75 $0 $50 ***County has 2-tier loan program. Repayment is either 120% AMI 50% or 80% associations interior of Roseville Loan Ramsey Family, County Single units Loan AMI Roseville Medium Value is - $217,300 Use Single Family associations **Depends on Secured or Non-s *If unsecured no loan-to-value interior of occupied,