​If you would like more information on Project Reinvest: Homeownership, click here.

​Borrow

​As a Community Development Financial Institution (CDFI), Renaissance Corporation promotes economic and community development through lending to individuals and small businesses that are currently under-served by traditional financial institutions.
​
​Renaissance focuses its efforts on four lines of service:

• Lending: The Dream Fund, Project ReInvest: Homeownership, READY Loan Fund, New Market Tax Credits, MS Gulf Coast Development Fund and Small Business & Commercial Lending
• Community: Community Advisory Board, Renaissance Guild and "Partnership for Sustainable Communities"
• Development: Bridge Development: New Market Tax Credits and MS Gulf Coast Development Fund
• Development Services: Home Ownership Counseling, Financial Literacy and Business Technical Assistance​

​Loan Products

​Renaissance offers mortgages, home renovation, micro-enterprise and commercial business loans to low-income and minority borrowers and businesses throughout the state of Mississippi. Click below for more information on each program.

​​First Mortgages

​For the purchase of an owner-occupied residence.

• Dollar range: $55,000 - $250,000
• Average loan size: $90,000
• Term: 360 months

​​Home Improvement/Rehab Loans

For energy efficiency updates, storm fortification/retrofits and accessibility upgrades.

• Dollar range: $15,000 - $25,000
• Average loan size: $20,000
• Term: 120 months

​Microenterprise Loans

​Includes small dollar business loans for startup operations or business expansion.

• Dollar range: $1,000 - $50,000
• Average loan size: $22,000
• Term: Up to 72 months

​Small Business Loans

Includes financing for working capital, cash flow, leasehold improvements, equipment, and real estate.

• Dollar range: $50,000 - $1,000,000
• Average loan size: $170,000
• Term: Up to 240 months

​For more information on our home mortgage programs or commercial lending programs, please call 228-896-3386 
​or email info@rclfms.com.