Northboro Septic, Inc. can assist you getting a loan under the Massachusetts Homeowner Septic repair Loan program.
The loan program is a combined effort of the department of environmental protection, the Massachusetts Department of revenue and the Massachusetts Housing financing agency- which provides below market rate loans to eligible homeowners for connecting to town sewer lines or for a septic system repair or replacement in accordance with Title 5.
- FIXED RATES OF 0% to 5% (maximum 6.913% APR) based on household income
- Low $300 fee
- Loan amounts of $1,000 to $25,000
- Terms of 5 to 20 years
- No Appraisal required
- Funds typically Disbursed within 30 days
- Covers septic repair, upgrade, or replacement as well as sewer connection costs and ancillary equipment such as pumps and meters.
Approximately 40 different banks and som Boards of Health participate in the type of loan program.
Call us and we will show you the easiest way to acquire this type of loan