Title I Home Improvement Loans & The Title I Plus I Home Improvement Loan Program

As an approved FHA Title I lender, Admirals Bank is already a leading provider of the secured $25,000 Title I Home Improvement Loan. Our Title I customers now have an option to borrow an additional $15,000 through our exclusive unsecured "Plus I" loan.* Admirals Bank offers two Plus I loan products, each designed to pair with our Title I product** and cater to specific project types or industries. This innovative program gives homeowners the capability to borrow up to $40,000 for home improvements!

Title I Home Improvement Loan

This non-equity based loan is intended for general home improvements, including: Roofing, Sunrooms, Basements, Garages, Windows, Siding, and much more.
Max Loan Amount: $25,000

• No equity or appraisal required***
• 100% upfront funding (money is disbursed before you or a contractor begin work)
• No prepayment penalties
• Flexible loan terms up to 20 years
• Fixed rates
• Interest may be tax deductible (consult your tax advisor)
• No seasoning requirements****
• Secured and unsecured loans available
• Loans available for single family, multi-family and manufactured homes, as well as condominiums
• Borrowers looking for renewable energy products may request a one-time re-amortization within the first 24 months of the loan provided certain requirements are met

Apply!

Plus I Save Now, Pay Later Loan

This loan is intended for home energy products receiving renewable energy credits and/or incentives.
Max Loan Amount: $15,000

• No interest owed if principal balance is paid completely in the first 18 months from the date of funding
• Borrower is not required to make installment payments for the Plus I Loan during the first 12 months from the date of funding
• 100% upfront funding
• No prepayment penalties
• Access to a team of renewable energy financing experts

Apply!

Plus I Pay As You Go Loan

This loan is intended for general home improvements, including: Roofing, Sunrooms, Basements, Garages, Windows, Siding, and much more. 
Max Loan Amount: $15,000

• Flexible loan terms up to 10 years
• 100% upfront funding
• No prepayment penalties
• Access to a team of home improvement experts and a division that has 25 years of experience in the industry

Apply! 

Call (800) 715-8472 today for more information!

*The Plus I Loan program is a Bank program that is not affiliated with or sponsored by the FHA. **The term of the Plus I loan cannot exceed the term of the Title I loan.***Lien will be placed against the property, lien will be in first or second position. ****New residential structures must have been completed and occupied for a minimum of 90 days. Each loan is subject to separate credit approval.