Admirals Bank Home Improvement Lending
FHA TITLE-ONE – Home Improvement Loan
Admirals Bank offers a number of specialty products, but none as unique as the FHA Title-One Home Improvement Loan. This program gives homeowners an opportunity to quickly and affordably finance home repairs and improvements. Why Choose the FHA Title-One Home Improvement Loan?
Through the FHA Title-One Home Improvement Loan program, HUD insures Admirals Bank to finance eligible borrowers with its own funds. There is no equity requirement, and no appraisal is necessary. This allows Admirals Bank to finance your home improvement project faster than most lenders.
The FHA Title-One Home Improvement Loan program offers many benefits not available through traditional financing options.
- Loan decisions within 24-48 hours
- No equity required
- No appraisal necessary
- Obtain up to $25,000 for a single-family home or up to $12,000 per unit (max $60,000) for a multi-family property
- Low fixed rates
- Flexible payment terms of up to twenty years with no prepayment penalties
- Interest may be tax-deductible*
About Admirals Bank
As the largest direct lender of FHA Title-One Home Improvement Loans, Admirals Bank is a superior financial resource. With an entire department dedicated to funding and servicing FHA Title-One Home Improvement Loans, we guarantee you will always receive fast, responsive service. Admirals Bank is an FDIC insured, Federal Savings Bank. We are an Equal Housing Lender that has serviced the community for over fifty years.