Neighborhood Housing Services of East Flatbush (NHSEF) provides loans to homeowners for moderate interior and exterior repairs.  But it goes beyond just lending, we offer a hands-on approach. A construction services staff person will be assigned to your project to guide you through the process from preparing the scope of work to completion, as well as working with the contractor to ensure that the project runs smoothly.  Typical projects include roof repair, bathroom and kitchen renovation, electrical and plumbing upgrades, refurbishing of windows, walls and doors, and interior and exterior painting. You may be eligible if you own a house or apartment building from one- to four-units. Loan amounts range from $5,000 to $50,000.

Step 1: Gather Documents

Gather the following documents that you will need to complete your loan application.

• Proof of Ownership
• Contractor Estimate
• Proof of Income
• Proof of Homeowner’s Insurance (declaration page)
• Real Estate Tax Statement  (unless included in the mortgage)
• Non-refundable Application Fee $75.00
• Most recent Utility Receipts (Water & sewer, electricity, gas, telephone)

Click here for a complete documents check list.  If you have any questions, please call NHSEF home improvement loan officer at 718-469-4679.

Step 2: Make an Appointment

Request an appointment to make with a loan officer by calling 718-469-4679 or clicking the link below:

NHS of East Flatbush

At your appointment, the Loan Officer will determine your eligibility for the loan and coordinate your next steps.

Step 3: Initial Inspection & Scope of Work

Your loan officer will schedule a time for Construction Services to conduct an initial site inspection of your home. Your construction services specialist will develop a scope of work for your project and provide an estimated budget for the job.

Step 4: Choose a Contractor

The next step is to solicit bids from at least three contractors by providing them with the Scope of Work developed by NHS.  You will then select the contractor that you would like to complete the work. The contractor you select must be licensed and properly insured. Instruct your contractor to submit directly to your NHSEF Loan Officer their license, Liability Insurance and Workers Comp Insurance.  If you don’t have any leads, feel free to contact NHSEF.  We can provide you with a list of licensed and insured contractors who have worked with past customers.  Please note that contractors on the list are not employed by NHS and you are not obligated to hire them.  You are free to hire anyone you choose.

Step 5: The Loan Process

To complete your application you must provide your loan office with the work estimate provided by the contractor of your choice and any additional documents requested by your loan officer. Upon approval of your loan by NHS, your Loan Officer will notify you of the closing.  At the closing you will agree to the repayment terms of the loan and authorize NHS to pay your contractor on your behalf from the loan proceeds.

Step 6: Site Inspections and Payments to Contractor

Depending on the size of the job, Construction Services will conduct one or more site inspections to ensure that work is being done before payments are released to the contractor. When your contractor has completed the work, NHS will perform a final inspection and issue a certificate of completion.