couple working on kitchen renovation

Fix-Up Home Improvement Loans

Online Logins

United Community Bank partners with Minnesota Housing to provide Fix Up Home Improvement loans.

Make the home improvements, repairs and renovations you want, with financing you can afford.

  • Affordable, fixed interest rates (see current rates at www.mnhousing.gov)
  • Lower rates for eligible energy efficiency and accessibility improvements
  • Loan amounts from $2,000 to $50,000
  • Secured and unsecured loan options
  • Higher loan-to-value ratio (+100%) on secured loans than traditional loan products
  • Repayment terms up to 20 years
  • Option to hire a contractor or do the work yourself
  • No prepayment penalty

You may be eligible for a Fix Up loan if you:

  • Own and occupy the property to be improved (single family homes, duplexes, triplexes and fourplexes are eligible)
  • Meet our minimum credit score requirements
  • Meet the eligible income limits (currently higher than area median income—inquire for details)

What improvements can I make?

Here are some examples – ask your lender if your project is eligible.

General home repairs and remodeling

  • Porches and decks
  • Bathroom or kitchen remodels
  • Finishing a basement
  • Siding and roofing
  • Mold and radon mitigation
  • Basic garage, if none exists
  • Energy efficiency improvements

Heating system and central air conditioning

  • Windows
  • Insulation, attic air sealing
  • Water heater
  • Accessibility improvements

Ramps

  • House accessibility modifications
  • Safety modifications

Which Fix Up loan is right for me?

Income and program requirements subject to change. Please inquire or see www.mnhousing.gov for more information.

Loan TypeSecurity TypeMaximum Loan AmountMaximum Repayment Term

Loan Type


Secured

Security Type


Secured by mortgage lien

Maximum Loan Amount


$50,000

Maximum Repayment Term


10-20 years

Loan Type


Unsecured

Security Type


No equity or mortgage lien required

Maximum Loan Amount


$15,000

Maximum Repayment Term


10 years

Loan Type


Secured Energy

Security Type


Secured by mortgage lien

Maximum Loan Amount


$15,000

Maximum Repayment Term


10-20 years

Loan Type


Unsecured Energy

Security Type


No equity or mortgage lien required

Maximum Loan Amount


$15,000

Maximum Repayment Term


10 years

Loan Type


Secured Accessibility

Security Type


Secured by mortgage lien

Maximum Loan Amount


$15,000

Maximum Repayment Term


10-20 years

How do I get started?

  1. Download and save application, complete online, and email to service@ucbankmn.com.
  2. Feel free to contact Lisa at 218-346-9771 or Perry at 218-346-9774, or they will reach out to you once receiving your application.
  3. Get Bids. Obtain contractor bids or detailed materials estimates from a building supplier for work
  4. Mission Accomplished! Finish up the paperwork with your lender, make your home improvements, and celebrate your accomplishment.

*This project was made possible by a grant from the U.S. Department of Energy and the Minnesota Department of Commerce through the American Recovery and Reinvestment Act of 2009 (ARRA).