Septic Repair Loan Program
A Step-by-Step Guide
  1. Homeowner discovers septic system failure and obtains subsurface disposal system Inspection.
  2. Homeowner obtains repair contract and construction permit.
  3. Homeowner submits loan application and Board of Health-approved plans to Lender.
  4. Lender determines income eligibility.
  5. Septic loan underwritten
  6. Loan(s) closed; funds in escrow.
  7. Loans sent to MHFA for Purchase.
  8. MHFA pays $500 fee to Lender.
  9. Septic system repairs completed; Certificate of Compliance issued by local Board of Health.
  10. Certificate of Compliance sent to MHFA by Lender.