Recovery is hard. We’re here to help.
It’s tough getting back on your feet after a major disaster. That’s why we offer disaster relief home financing. These loan programs are specially designed for homeowners who need a fresh start after a major disaster. Ready to rebuild? We can help.
The FHA 203(h) program helps victims of major disasters recover by making it easier for them to obtain a mortgage and mortgage insurance or reestablish themselves as homeowners. Insured loans may be used to finance the purchase or rebuilding of a single-family home that will be the homeowner’s primary residence.
What Constitutes as a Disaster?
If your home has been destroyed or severely damaged in a presidentially declared disaster area, you are eligible to apply for the FHA 203(h) program.
FHA 203(h) Loan Features
- Zero down payment
- 100% financing
- Easier credit qualifying
- Expanded eligibility for purchases
- 15- and 30-year fixed-rate terms