HUD | HUD.gov / U.S. Department of Housing and Urban ...
A Title I Property Improvement loan amount is limited to the lesser of the actual cost of the improvement project, plus any applicable fees that are permitted under section 24 CFR 201.25(b), or the tables below.
|Single Family and Multifamily Residential Properties |
|Number of Units |Secured Maximum Loan |Unsecured |Loan Term |
| |Amounts | | |
| | |Maximum Loan Amts |Minimum |Maximum |
|One |$25,000 |$7,500 |6 months |20 years and |
| | | | |32 days |
|Two |$24,000 | | | |
|Three |$36,000 | | | |
|Four |$48,000 | | | |
|Five or more units |$60,000 | | | |
|Other Property Types and Loan Purposes |
|Type or Purpose |Secured Maximum Loan |Unsecured Maximum |Minimum Loan Term |Maximum |
| |Amount |Loan Amts | |Loan Term |
|Nonresidential property |$25,000 |$7,500 |6 months |20 years and |
| | | | |32 days |
|Manufactured home that qualifies as real|$25,090 | | |15 years and |
|property | | | |32 days |
|Manufactured home |$7,500 | | |12 years and |
|Not classified as real property | | | |32 days |
|Historic preservation for residential |Lesser of: | | |15 years and |
|dwelling(s) |$15,000 per dwelling | | |32 days |
| |unit, or $45,000 | | | |
|Fire safety equipment loans |$50,000 | | |20 years and |
| | | | |32 days |
|More than one Title I Loan |The combination of outstanding balances on a property must not exceed the largest of|
| |the maximum loan amount limits prescribed for the property type or loan purpose. |
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