Homeowners may qualify for their $3,627 savings for home improvements if they meet the following:
- Own A Single Family Home
- Have No Recent Missed Payments
- Owe $100,000 or more on their mortgage
- Indicate having “Good” or better credit when checking availability
Savings from these programs for homeowners can help go towards various expenses such as home improvements, remodels, debt or other bills aimed to help middle-class Americans and stimulate the economy. The majority of people benefiting from these programs are using the funds towards home improvements/remodels.
How Do I Know If You Qualify?
For homeowners in it’s completely free to see if you qualify and takes 60 seconds or less. If you have a mortgage balance of under $719,000 you are more likely to qualify for a much larger cash out payment.
Pro Tip 1: A credit score of 600+, which is considered “Good” credit, can help you get the largest possible payout.
Step 2: Only single-family homes are eligible. No apartments or mobile homes (Sorry!)
SEE IF YOU QUALIFY
