Unconventional Sources of a Loan for Home Improvement

Home equity loans, credit cards and other more popular methods of financing are what people usually turn to when looking for a loan for home improvement. However, there are other sources available for home improvement loans that many people don’t think about. These sources can come from the government, your power company, and even the company you are purchasing the windows from.In many cases, these unconventional sources can offer you better financing options and are worth looking in to.Government Loan for Home ImprovementThe United State Government has so many different departments that it is hard to even know what one department does from the next. Unknown to a lot of citizens, there are a number of different departments that do help with housing, home loans, and even providing a loan for home improvement.You may be able to find the loan you need to make improvements on your home through anyone of these five departments:

• Housing and Urban Development (HUD)
• USDA Rural Development
• United State Department of Agriculture (USDA)
• Veterans Administration (VA)
• Federal Housing Authority (FHA)

Your eligibility for the programs offered in these departments will depend on your financial circumstances, your background and even where your home is located. For information about programs and eligibility requirements contact the above departments directly.Power Company Loan for Home ImprovementMost of the loans provide through power companies are to increase the energy efficiency for your home. These types of home improvements include: energy-efficient windows, adding or replacing insulation and new siding. Loans for these types of home improvements greatly vary from one utility company to another.To find out if there is a program available to you and the terms of the program, contact your power company during office hours.Renewal by Andersen 0% Loan for Home ImprovementFor home improvement projects that involve replacing your windows, Renewal by Andersen offers 0% interest program through EnerBank USA. You can apply for funds from $4,000 to $45,000 to fully cover the amount of the replacement windows you wish to order.To find out if you qualify, call 866-279-3800 and provide them with the following information:Company Name: Renewal by AndersenDealer ID: (Cincinnati & Northern Kentucky) ID# 576(Evansville, Lexington & Louisville) ID# 575Type of Home Improvement: (ie. replacement windows, patio door, etc.)Total Project Budget: Use an estimated project budget amount.No Interest Promotion Code: 6945CK