FHA 203(H)
The 203(H) FHA loan is specifically designed to help those affected by natural disasters become homeowners or re-build their home. This program may be available if you located in an area the president has declared a major disaster area. To purchase a new property or reconstruct a house after catastrophic damage, this loans help those who have suffered from wind, flood or fire damage.
Program Highlights
- Up to 100% financing for disaster areas
- Purchase or refinance
- 500+ credit score
- Property can be owned or rented
Eligible Properties
- Primary residences
- One-unit detached homes
- FHA approved condos
- Loan amount subject to county limits
