Supplemental Home Loan Program (SHLP)

SHLP was established in March, 1993 to provide below-market-rate secondary financing to assist eligible faculty members and members of the Senior Management Group in the acquisition of a principal place of residence.

This program may be used in conjunction with the University’s Mortgage Origination Program (MOP) loans or conventional financing to reduce the cash down payment required to as low as five percent. The SHLP Program brochure (pdf) offers additional details.