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Well and Septic Loans

Electric cooperative members installing private wells and/or septic systems for existing homes served by the cooperative are eligible.

  • $7,000 for 5 years at 4% interest
  • $7,000 for 10 years at 5% interest

Any participating electric cooperative member with a good credit record and in good standing with his or her cooperative is eligible for a loan.

The property must be served by the participating electric cooperative.

Application Process

Download an application here, contact Homeward at 515-532-6477or homeward@mchsi.com, or contact your REC.

After you complete the application, send it, along with any additional information requested, to:

Homeward, Inc.
Program Manager
P.O. Box 172
Clarion, IA 50525

HOMEWARD, INC. DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, RELIGION, AGE, SEX, DISABILITY, FAMILIAL STATUS OR SEXUAL ORIENTATION. WE DO BUSINESS IN ACCORDANCE WITH THE FEDERAL FAIR HOUSING LAW.