Home Maintenance Loan Program

Well-maintained homes across the entire community increase the appeal of South Orange and Maplewood NJ as great places to live for current and future residents of all races.  The South Orange/Maplewood Community Coalition on Race has developed a Home Maintenance Loan program that offers financial assistance to local homeowners in neighborhoods with the greatest need, based on South Orange/Maplewood Code Enforcement Department data. Qualifying home owners can borrow up to $5000 to complete external home repairs.  For more detailed information on this low interest, unsecured loan, please read the Home Maintenance Loan Brochure. This loan program is made possible through the support of Investors Bank.

Applications will be processed in the order received, and funds will be awarded on a first-come, first-served basis, while funds last. Application packages are not considered complete until all documents are received.  To apply,  complete, sign and mail the documents listed below to:
South Orange/Maplewood Community Coalition on Race
Attention: Loan Program
PO Box 1309
Maplewood NJ 07040

1. Loan Application
Page 1  SOMC-Loan Application-UnsecuredPage 1,
Page 2  SOM Coalition-Loan Application-111813Page 2,
Page 3  SOM Coalition-Loan Application-111813Page 3

2. Borrower’s Signature and Authorization Form:
HML Borrower’s Authorization Form

3. Consumer Information Disclosure:
HML Consumer Information Disclosure

4. FICO Score Notice:
HML FICO Notice to Applicants

5. Income/Other Verification Documents:
HML Income Verification Disclosure
f4506T Transcript Request

6. Servicing Disclosure Statement:
HML Servicng Disclosure