Disaster Area Victims - 203(h) Loan

Disaster Area Victims - 203(h) Loan Helping disaster victims reestablish their quality of life

Below are the guidelines and requirements to qualify for the FHA 203(h) loan.

100% Financing
Up to 6% seller concession for closing costs
Single family residence and condos allowed
Must provide documentation to evidence permanent residence in the affected area before the disaster. (Drivers license, voter registration card, utility bills, etc.)
Must provide documentation regarding the destruction of residence. (Insurance report, inspection report by an independent fee inspector or government agency, letter from FEMA)
Homeowner or renter allowed
More flexible debt-to-income ratio calculations
This program may be used to purchase a home anywhere in the United States

Contact us Today for more information about the FHA 203(h).

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