United Community Bank was named a Minnesota Housing Top Producing Fix Up Lender at the Gold Level for 2016.
Minnesota Housing is a state agency that works with local lenders like United Community Bank to provide affordable loans for home remodeling, repairs, energy efficiency upgrades and accessibility improvements. Homeowners can access the Fix Up Loan Program to receive loans from $2,000 to $50,000 with fixed interest rates, secured and unsecured options, and repayment terms up to 20 years.
More information and eligibility requirements are available at www.mnhousing.gov. In addition to home improvement loans, Minnesota Housing also offers homebuyer loans and finances multifamily housing across the state.
The Minnesota Housing Top Producing Lender Program awards outstanding Fix Up lenders annually at three levels: Platinum, Gold and Silver. Lenders meeting the threshold for each level based on regional production are recognized as top producers, and demonstrate a deep understanding of Minnesota Housing's Fix Up Loan Program.
"The Fix Up Loan Program helps hundreds of Minnesota families make affordable improvements to their homes each year," said Minnesota Housing Commissioner Mary Tingerthal. "We can't do that without the work of our great Top Producing Fix Up Lenders."
"We are happy to be able to offer this loan program to our customers and hope more people take advantage of it for their home improvements," said United Community Bank lender Lisa Glynn.
Minnesota Housing collaborates with individuals, communities, and partners to create, preserve, and finance affordable housing.