Last reviewed 10-31-2026Short-Sale.com Editorialglossary

Home Improvement Loan (HIL)

FreddieMac

Updated 10-31-2026

Home Improvement Loan (HIL)

A Home Improvement Loan (HIL) is a Home Mortgage to finance permanent improvements for energy conservation, solar installation, rehabilitation, modernization or addition.

FreddieMac Glossary

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