HUD

For the one who is fiscally challenged and the roof does need repair but a high interest loan is just not feasible, the federal government does have some low interest home repair loans to offer those who can prove financial hardship. These particular home repair loans are offered by the Department of Housing and Urban Development, also known as HUD, and are administered locally by housing authorities and nonprofit organizations. These loans are often administered with four percent interest making them extremely amenable to those strapped with monthly bills. If a person is interested in these kinds of lending agreements, the local library can probably help guide a person to finding local HUD representatives.