WANT TO FIX UP
YOUR HOUSE ?
Neighborhood Helper Home Improvement Loan
Loan amounts between $ 1,500- $ 5,000
Flexible Credit
Fixed low interest rate of
2.00 % APR * for 5 years
( Example : $ 5,000 loan , 60 monthly payments of $ 87.61 each *)
Examples of what to purchase or repair with this loan :
■ Stove
■ Refrigerator
■ Furnace
■ Accessibility ramp
■ Paint
■ Carpeting
■ Siding
■ Windows
■ Roof Repairs ... and so much more .
Let Reliance Bank assist you with any needed home improvements . Visit us at any of our branches in the St . Louis area , including The Grove located at 4301 Manchester Avenue , corner of Tower Grove Avenue .
Advertised APR ( Annual Percentage Rate ) is effective December 21 , 2016 and is available for loan amounts up to $ 5,000 on owner-occupied , 1-4 family residences to borrowers with incomes up to 80 % of area median income ( AMI ) unless the property is located in a low-or-moderate income census tract , in which case the AMI requirement is waived . The property must be located in one of the following : St . Louis City , St . Louis County , St . Charles County , or Jefferson County , Missouri or Madison County , Monroe County , or St . Clair County , Illinois . Loan is subject to credit and underwriting approval . Loan amount is based on credit history and ability to repay . Loan is for a term of five ( 5 ) years and the rate will not change during that term . Example of a principal and interest payment schedule for a loan amount of $ 5,000 is 60 monthly payments of $ 87.61 each . NMLS # 729615 .
RelianceBankSTL . com I ( 314 ) 569-7200