Secured
Finance Vendor Details
Don't Move, Improve
Lender:
Neighborhood Housing Services of Los Angeles County
Contact Information
Property Types
Program Description
The Don't Move, Improve loan offers low to moderate income-qualified homeowners in Los Angeles County a deferred loan in which payment is not required until the end of the loan term. The Under One Roof program is a collaborative between Neighborhood Housing Services of LA County (NHS) and Grid Alternatives. Through the program, participating homeowners also have access to construction management services and a home safety inspection.
Verified by Lender on: 9/17/2015
The data provided is for informational purposes only. For actual loan terms specific to borrowers, contact the lender directly.
Types of Financing
Financing & Payment Information
Term (years):
30
Minimum Amount:
$1
Maximum Amount:
$60,000
Fees:
None
Money Down Required:
Yes
Repayment Method:
Off-bill loan (Direct to Lender)
Payment Frequency:
Unknown
Pre-Payment Penalty:
No
Allowable Projects
Funds Energy Efficiency projects
Funds Water Efficiency projects
Funds Renewable Energy projects
Funds Demand Response projects
Funds other energy projects
Funds other energy-related projects
Funds other non-energy projects
Other Program Requirements
Financing Approval Time
More than 48 hours
Equity in Property Needed
No
Financial Products
| Lien type | Secured loan |
| Re-Payment Method | Off-bill loan (Direct to Lender) |
| Property Types | |
| Automatic payment option available | No |
| Requires utility incentive program participation | No |
| Must use Program's pre-approved contractors | No |
| One-time fees (% of total financing) | |
| One-time fees (fixed) | |
| Ongoing fees | |
| Financing Amount | $1 - $60,000 |
| Financing Term (yrs.) | 30 year(s) |
| Rate | 0 - 4% |
| Money Down Required? | Yes |
| Credit Enhancement Available | Yes - Other |
| Transferrable | No |
| Prepayment Penalty or Fee | No |
| Tax Deductibility | No |
| Minimum Credit Score Required | |
| Equity in Property Required | Yes |
| Debt to Income Ratio Required | Yes |
| Involuntary Property Liens Allowed | No |
| Foreclosures Allowed | |
| Bankruptcies Allowed | |
| Mortgage Lender Consent/ Acknowledgement | No |
| Must be current on property taxes | No |
| Must be current on mortgage | Yes |
| Loan to value | |
| Debt Service Coverage Ratio | Yes: 0 |
| Financing Approval Time | More than 48 hours |
| Projected Energy Savings/Cash Flow is considered | No |
| Must be current on utility bill | No |
Upgrades Covered
No Results
FAQ's
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