Our platform now supports repair financing for near-prime and subprime credit profiles, with approvals available down to a 550 risk score (risk score, not FICO). This is designed specifically for homeowners who need immediate repairs but have fewer financing options available to them today.

Prime and super-prime customers continue to have access to the same promotional and long-term financing options already available on the platform.

Repairs Covered

The expanded repair financing applies to a wide range of essential home services, including:

• HVAC repairs and replacements
• Plumbing repairs
• Electrical repairs
• Foundation repairs
• Other critical small- and large-ticket home repairs

Eligible properties include site-built and modular homes. Mobile homes are not eligible.

Loan Amounts & Term Options

To improve affordability, loan terms are structured around the total repair cost:

Repairs from $1,001 to $5,000

• Up to 60 months (5 years)
• Designed for smaller, more manageable repair needs

Repairs above $5,000

• Up to 144 months (12 years)
• Available even within near-prime and subprime risk ranges
• Helps reduce monthly payments for larger repairs

Note: The minimum repair ticket is $1,001, except in Georgia where the minimum is $3,001 due to state regulations.

Credit & Income Guidelines

To ensure responsible lending, the following requirements apply:

• Minimum risk score: 550
• Minimum monthly income: $3,000
• Valid Social Security Number required
• ITINs are not accepted

Why This Matters

This expansion gives contractors a stronger way to help customers move forward with necessary repairs, without a decision being based solely on credit tier.

For homeowners, it means:

• More access to financing when repairs are urgent
• Longer terms that help keep payments affordable
• A clear path forward when traditional options fall short

For contractors, it means:

• Fewer lost or declined repair decisions
• More consistent approval coverage across credit profiles
• A smoother, more confident financing conversation at the kitchen table

This enhancement is now available within the Comfort Connect platform for qualifying repair scenarios. If you’re a current customer and have questions about when or how to use these options, your Account Manager is always a great place to start.

If you aren’t currently a Comfort Connect platform user, you can reach out to learn more here.