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Philadelphia to launch low-interest loan program that will help residents fix aging homes

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According to the current parameters for the program, two participating lenders, Finanta, a nonprofit lender, and Univest Bank and Trust Co., a bank, will provide the loans. The Redevelopment Authority will then purchase the loan from the originating lender, Heller said, though the lender will continue to service loan.



Source: on 2019-03-13 05:22:30

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