Grants, while very helpful, can be difficult to get due to strict eligibility rules. Grants are also very specific about what repairs they will allow, and what kinds of repairs cannot be paid for with grant funds. They can also take longer to get approved. Loan funds have fewer restrictions, though some loan programs, especially programs with very low interest rates and generous repayment terms, have some eligibility rules. Market-rate loans give borrowers the widest range of choices about how the funds will get used.  A borrower’s ability to borrow funds is mostly determined by their income, credit, debt obligations and the value of their collateral (i.e. the home being repaired). See our lending page for more information.

That depends on the work that needs to be done.  Some repairs cost less than $5,000; other repairs can cost more than $40,000.  Through Frontier’s process, Frontier’s staff can prepare a work write-up and help homeowners understand what sources of funding can help pay for which aspects of the project. Sometimes it takes both loan and grant funds to pay for all the repairs that are necessary in order to stabilize a home, and make it warm, safe and dry for the long-run. Contact us to find out more.

Just like the cost of repairs, the time it takes to repair a home depends on the work that needs to be done. The time between application and the start of work also depends on the funding source(s) we use. Grants take longer than loans (see above). Contact us to begin the process and see what this could look like for you.