Neighborhood Finance Corporation

Front Porch Exterior Repair Loan

Restore, Protect, and Improve Your Home’s Exterior

The Exterior Repair Loan program is designed to help homeowners address critical exterior repairs that protect the structure, safety, and long-term value of their home. Through NFC’s Front Porch Program, eligible homeowners, those households earning at or below 80% of the area median income, can access affordable financing and potential forgivable loan assistance.

Front Porch Exterior Repair Loans feature a low fixed interest rate of 2% (2.531% APR), helping keep monthly payments manageable.

Program Features

Affordable Fixed Interest Rate Exterior Repair Loans feature a low fixed interest rate at 2% (2.531% APR), helping keep monthly payments manageable.

Repayable loan financing up to $30,000 Repayable loan paired with forgivable loan credit up to $15,000. This structure helps make larger exterior repair projects more achievable.

Forgivable Loan Component (Up to $15,000) A portion of the financing may be forgivable (33% up to 50% based on household income), depending on program guidelines and eligibility. This can significantly reduce the total cost of your improvements over time. The forgivable loan is a credit up front when financing is structured to reduce your amount financed.

Designed for Exterior Repairs Only This program is specifically built for exterior-focused improvements, helping maintain and protect the outside of your home.

Program Benefits

Helps Address Critical Repairs Focuses on essential exterior improvements that protect the home.

Makes Large Repairs More Affordable Combination of repayable + forgivable financing reduces upfront burden.

Increased Home Efficiency and Performance Upgrades can help your home operate more efficiently, reducing strain on systems and improving durability.

Expands Access to Financing Flexible qualification criteria help more homeowners get approved.

Improves Property Value and Longevity Exterior repairs can prevent larger issues and preserve long-term value.

Eligible Home Improvements May Include

Roof repair or replacement
Foundation tuck pointing
Siding repair or replacement and painting
Window and door repair or replacement
Garage construction or repair (up to 2-car standard size)
Sidewalks and driveways
Accessibility improvements (ramps, barrier removal)
Functional landscaping (grading, drainage, erosion control)
Decks
Patios
Privacy fencing
Gutters
Exterior paint

Specific eligibility depends on program guidelines and project review.

Repairs and improvements cannot begin before the NFC loan closes. NFC cannot reimburse homeowners for work completed before closing.

Homeowners must get bids from independent licensed contractors for the planned repairs or improvements. Visit the Bid Process page for more details.