There’s Still Time to Apply for a Low Interest Home Improvement Loan from Treasurer Burke’s Fix-It Fund Program

MEDINA COUNTY – Medina County Treasurer John Burke wants homeowners to be aware that Fix-It Fund home improvement loans will be available from Westfield Bank through the extended deadline of September 30th. With what looks like a warm fall on the horizon, residents can still get started on fall and winter projects.

​These low fixed interest rate home improvement loans from the Fix-It Fund Program are available through Westfield Bank at a fixed interest rate, which is up to 2% below the bank’s current rate. 

Almost all types of interior and exterior home improvements are eligible from smaller projects such as painting, flooring and lighting to window replacements, HVAC upgrades, remodels and additions. Loans can range from a minimum of $5,000 to a maximum of $50,000 and are given on a first-come, first-served basis until the available funds are depleted. “Since its inception in 2002, this county-sponsored program has helped many area homeowners make long desired improvements, providing over $12.5 million dollars in loans,” Burke stated.

According to county records, about 90% of county homeowners may qualify for a Fix-It Fund Loan. To be eligible, you must be a Medina County resident; your home must have an appraised home value of less than $200,000 (excluding land) according to the Medina County Auditor’s appraised value; and you cannot be delinquent on your real estate taxes. There is no maximum income limit to qualify for these loans.

Last year, a Wadsworth couple put in a new driveway, new roof, landscaping, fixed their front stoop and replaced some windows. “The ‘Fix-It Fund’ was perfect,” she emailed Treasurer Burke. “It enabled us to take out a small loan with an excellent interest rate and 5-year payoff plan.”

Qualified homeowners interested in low-interest home improvement loans may apply at Westfield Bank branches in Medina at 4015 Medina Road (Route 18) and Two Park Circle in Westfield Center.  For more information, please contact the Medina County Treasurer’s office at 330.725.9746, [email protected] or Westfield Bank, Cheryl Murrin at 330.764.6091, [email protected].
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