Application Period Extended for Treasurer Burke’s 2024 Fix-It Funds Home Improvement Loans

Medina County Treasurer John Burke and Westfield Bank have extended the application period for Fix-It Funds low-interest home improvement loans to the end of October. “We decided to extend the date to take advantage of the recent drop by the Federal Reserve in their federal fund interest rate,” Burke explained.

Westfield Bank has partnered with the Treasurer’s office since 2015 to offer Medina County homeowners these fixed rate loans at up to 2% below the bank’s current rate. Fix-It Funds loans can range from $5,000 to $50,000 and are given on a first-come, first-served basis until available funds are depleted.

There is no income limit to qualify for these loans. You must be a Medina County resident; your home (1-4 family unit dwelling) must have a tax appraised value of $300,000 or less excluding land, according to the Medina County Auditor’s appraised value; and you cannot be delinquent on your real estate taxes. Homeowners have up to 18 months to complete the work for which the loan was granted. “Over 90% of the homes in Medina County may qualify,” Burke noted. “We currently have over $1 million in active Fix-It Funds loans with an average value of $17,166.

Almost all types of interior and exterior home improvements are eligible, both interior and exterior. There are only a few ineligible improvements — “luxury items” such as swimming pools, satellite dishes, or hot tubs. Manufactured homes are not eligible for a Fix-It Funds loan.
Since its authorization by the County Commissioners in 2002, the Fix-It Funds program has provided over $15.7 million in low-interest home improvement loans to over 1,000 Medina County residents.

Interested homeowners can apply at two Westfield Bank locations: 4015 Medina Road on Route 18 in Medina, and Two Park Circle in Westfield Center, or contact the following Westfield Bank representatives:

• Cheryl Murrin (NMLS#1365194), [email protected], 330.764.6091
• Michelle Evans (NMLS#1460020), [email protected], 330.661.6083
• Cindy Siepker (NMLS#2466577), [email protected], 330.661.6257

For more information, please call the Medina County Treasurer’s office at 330.725.9746, email [email protected], or search Fix-It Funds at www.medinacountytreasurer.com.

Westfield Bank is member FDIC and equal opportunity lender.