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Programs Available to Roseville Residents <br />Changes Roseville Home Ramsey MHFA Fix-RichfieldSt. Louis Park <br />made in 2015 Improvement County up LoanTransformation Move up in the <br />to Roseville Loan2009-2014LoanHome LoanPark Loan <br />Home <br />Improvement <br />Loan <br />Doc PrepFee$75$75$0$50$0 <br />Title$100$100$100$100$60 <br />Borrower Paid $350$350$0$250 or 1% $3503% admin fee, <br />Origination FeeLoan maximum of <br />Amount$750 <br />Recording Fee$46$46$46$92$46 <br />Credit Fee$15$15$15$15$10.60 joint <br />Loan-to-Value115%115%110%110%*120% <br />Debt-to-Income55%55%None48%$0 <br />Maximum Value $216,500$0$251,750$0Project must be $0 <br />of Home$50,000+ <br />UseNo changeSingle Family Single Single Single Family Single Family <br />Owner occupied, Family, Family, OnlyOnly <br />interior of interior of interior of <br />associations associations associations <br />unitsunitsunits <br />Minimum Loan$0$0$0$2,000$8,750 25% of <br />Cost <br />Maximum Loan$40,000$25,000$15,000$15,000-15% of Contract 25% of <br />$50,000**price up to construction <br />$25,000maximum <br />$25,000 <br />Maximum Term 10years10years10years ***10-20years30 years no 30 years no <br />Loanpayment paid payment paid <br />until sale of until sale of <br />home. Forgiven home. Forgiven <br />after 30 years.after 30. <br />Income None120% AMI50% or 80% $99,500**120% AMI <br />LimitationsAMI <br />Interest Rate3%4%0%4.00%-0%0% <br />6.99%** <br />Borrower Total $586$586-costs paid $161$507$350$116.60+3%Fee <br />Costsby HRA <br />*If unsecured no loan-to-value <br />**Depends on Secured or Non-SecuredDebt and Credit Score.***County has 2-tier loan program. Repayment is either written down over the 10 years or due upon sale. <br /> <br />