A great deal of homeowners labor under the misapprehension that home improvement is, to borrow a phrase, too rich for their blood. HRA works as a corrective to this unfortunate kind of thinking by introducing homeowners to a variety of financial programs that help out those who are completing home improvement projects. Many of these programs are readily available but are a hassle to apply for without knowledge of the process. HRA representatives are in the know and will help you with the application process, so you receive the maximum amount of assistance available. Some of these programs include:
- Tax Credits
- Energy Efficiency Rebates
- Contractor Pledged Discounts
- Municipal Credits
HRA has formed strong relationships with various lenders (both public and private) to ensure our clients can finish their desired home improvements on a budget. Along with financial assistance, financing helps many homeowners reach their home improvement goals. All HRA representatives are proven highly capable of matching clients and their fiscal status with the correct financial program to help them complete their home improvement projects. Below are some of the various financing options that we have available:
- FHA 203(K) & 203(B)
- Title I home improvement loans
- HRA private lending services
- Home equity loans and lines of credit
- Conventional lending products
Helping homeowners better their homes is the main focus of HRA, but we also offer debt consolidation services (in conjunction with home improvement) via various financial solutions for our clients. Debt consolidation allows homeowners to take their high interest debt and consolidate it at a lower interest rate to decrease their overall monthly expenses. This, combined with low interest rate home improvement financing, can be a great tool to not only complete home improvement but to also save money at a time when pennies are getting pinched. HRA representatives are able to quickly assess whether debt consolidation is a healthy and worthwhile option for each client.
HRA has set very strict guidelines for contractors who wish to work with us, providing a protocol to ensure that every homeowner that works with us is satisfied with the completed work. Any contractor applying for approval from HRA must first go through a no-exceptions pre-screening process.
In order to qualify for HRA certification, contractors must:
- Be licensed by their respective state as a home improvement contractor, insured for at least $1,000,000 per incident, and be bonded.
- Be registered with the Better Business Bureau with a rating of an “A” or higher and be on file with Consumer Affairs.
- Have been in business for at least 10 years with no name changes to their corporate filings.
- Provide the names and addresses of 8 clients that they have performed home improvement projects for in the past year such that we will be able to inspect these projects to ensure that they meet HRA standards.
- Perform four test projects for HRA prior to working for our clients.
Every representative that HRA employs boasts an expertise in diagnosing whether or not a project is ripe for sponsorship through our programs and services. Immediately following our representative’s first consultation with a prospective client, they will be able to clearly state which aspects of a home improvement project HRA will be able to help the homeowner with. Major factors include:
- Likelihood of Financial Assistance
- Cost vs. Value (in relation to appreciation of home)
- Energy Efficiency Savings
- Necessity of Project
Help Us, Help You
Learn which programs you are eligible for by completing the brief application below: