Water Well System Loan Program

• Call for or download application
  
  
• If eligible:
  
  
  • Low income – proof needed
  • Permanent Owner occupant – proof needed
  • Current with property taxes and insurance – proof needed
  • Not for new home construction – only replacement or repair
• 1% interest rate
  
  
• Up to 20 year period
  
  
• Maximum loan $11,000
  
  
• Reasonably good credit
  
  
• Must be done by reputable licensed well drillers and pump installers
  
  
• Must comply with well location, construction and pump installation as per State Private Well Code (NR812) and DNR procedures
  
  
• Loan is recorded