• This loan is secured by a mortgage on the property.
• 100% is due upon property sale, transfer or is no longer occupied by the owner.
• Closing costs apply.
• Maximum income limit is 60% of AMI based on household size and most recent tax return.
• Funds are held in a non-interest bearing escrow account at CEE from loan closing until the work is completed and all final documentation is received.  

• General, permanent improvements including alterations, renovations or repairs to correct defects or deficiencies affecting building code, safety, habitability, energy consumption or accessibility to the property.
• CEE will come out to the property to do an inspection where they will identify and prioritize eligible projects.
• 1 bid is required from a properly licensed contractor or registered with the MN Department of Labor.
• Our experience has shown that Big Box Stores are not willing to be paid on completion, which is a requirement for this program.

Remodeling Advisor Visits are designed to help homeowners get started on their home improvement projects. During a visit, one of our experienced remodeling advisors will come out to your house to discuss potential remodeling projects, help you prioritize projects, assist in reviewing contractor bids, or answer any questions. This service is free for Coon Rapids homeowners and is limited to one visit per household.

To schedule your appointment, contact Cristina Lussio at 612-335-5856.