Purchase/Rehab Loans

  • For new home buyers making improvements to the property in conjunction with the purchase; must include exterior improvements.
  • 30-year mortgages at fixed rates one point below the 60-day Fannie Mae rate never less than 4%.
  • Homes located on Target Blocks or foreclosed, vacant and short sale homes located in a Healthy Neighborhood but not on Target Blocks.

​​Refinance/Rehab Loans

  • ​Homeowners on Target Blocks
  • 30-year mortgages at fixed rates one point below the 60-day Fannie Mae rate but never less than 4%.

Home Improvement Loans

  • ​​Homeowners living in a Healthy Neighborhood.
  • Ten-Year Term; second lien position

Block Projects

Greater Mondawmin Coordinating Council, Inc

GREATER  MONDAWMIN COORDINATING COUNCIL, INC.

The Three Types of Loan Programs

Block Projects are expressions of confidence​ in your blocks and neighbors. Participation shows a willingness to be neighborly and improve the curb appeal of blocks. It is an exercise that 'primes the pump' for more serious investment and opens residents up to the idea of marketing their homes, blocks and neighborhoods.

  • Increases Home Values
  • Strengthens the social fabric
  • Improves the Physical Environment 


Solar Lamps, Mailboxes, and Address Plaques are a few options that HN incorporated into our Block Projects.