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Through investments with Fifth Third, FirstMerit, Firstar and BankOne, the Barberton Community Foundation has bought down interest rates for the program secured loan rates of 4 percent and unsecured loan rates of 5 percent. The program, which has no income restrictions, is for improvements to single-family, owner-occupied homes in the city of Barberton only. Loan amounts run from $1,500 to $20,000 with a maximum term of five years. Applicants must meet the banks criteria. For more information on the Home Improvement Loan Program contact one of the following...
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