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Home Improvement Program (HIP) Loans

Home Improvement Program Loans are available to Forest Park homeowners at Northside Bank & Trust.   

The Hamilton County Home Improvement Program (HIP) is an initiative of the Hamilton County Commissioners and the Hamilton County Treasurer. The "HIP" loan allows homeowners in Hamilton County communities to borrow money to repair or remodel their homes at interest rates 3% below the lowest rate a bank would normally offer. 

  • Loans are at 3% below market rate, 5 year term - only one outstanding loan at any given time
  • Available in participating Hamilton County communities
  • No Income Restrictions or limits (must be able to meet bank's credit requirements)
  • Loans capped at $50,000
  • For one-family, or two-family, and commercial properties valued up to $350,000 (based on Hamilton County Auditor's appraisal)
  • Owner-occupied dwellings
  • No property value limit on multi-family dwellings (three or more units)
  • Loans can be used for alteration, repair, maintenance or improvement
  • Can also be used for code violation compliance and property upgrades

To apply for a HIP loan, contact the Northside Bank & Trust Co.  at 542-7800 (ask for Toni, Tiffany, or Karen). They will take the application for you.