Lending
Affordable Financing for Essential Home Repairs
WCHR provides affordable home improvement loans to eligible homeowners across Worcester County, helping to ensure safe, stable, and well-maintained homes for our community. Our program is designed to assist those who may not qualify for traditional financing.
Why Choose WCHR?
As a certified Community Development Financial Institution (CDFI), WCHR provides financing solutions for homeowners who may not have access to loans through traditional banks. Beyond just lending, we offer guidance and support throughout the renovation process, including:
Helping assess necessary renovations
Connecting homeowners with trusted contractors
Creating enforceable contracts and ensuring project completion
Application Process
Loan applications are reviewed by WCHR’s Loan Committee for final approval. To begin the loan process, please click to contact us, or call Rosa Maria Salas at 508-799-0322, ext. 112.
WCHR Lead Removal Loans
In partnership with MassHousing and local rehabilitation agencies, WCHR offers lead removal loans to eligible homeowners and property investors to help remove toxic lead paint from their properties.
For Owner-Occupied Properties:
0% interest rate, deferred loan
No monthly payments required; the loan is due upon the sale, refinance, or transfer of the property
Available for 1-4 family owner-occupied properties only
For Investor-Owned Properties:
Fixed low interest rate
15-year loan term
Available for 1-4 family properties only
For more information, click below or call Rosa Maria Salas at 508-799-0322, ext. 112.
Community Loan Fund
The Community Loan Fund is comprised of over 60 investors including government funds, nonprofit organizations, social investments, foundations, educational institutions, community banks, credit unions, religious institutions, individual investors, WCHR equity, and loan loss/ write-offs. Please click here or on the button below for more information.