FHA 203(h) Disaster Relief Program
Helping Families Rebuild After the Storm
Are your clients affected by recent hurricanes? The FHA 203(h) program provides 100% financing for both renters and homeowners impacted by federally declared disasters. This unique program offers flexible guidelines, making it easier for those affected to secure permanent housing.
Program Highlights
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100% Financing
No down payment required for new home purchases. Perfect for renters ready to become homeowners. -
Disaster-Related Late Payments Disregarded
If clients have late payments due to the disaster, they may still qualify. -
Flexible Loan Limits
Loan amounts available up to the Federal Housing Finance Agency (FHFA) limits for your area. -
Property Options
Attached and detached single-family homes, as well as FHA-approved condos, are eligible.
Who Qualifies?
- Previous renters and homeowners in federally declared disaster areas.
- Those seeking a new home to replace their damaged or destroyed residence.
For more information on how the FHA 203(h) program can support your clients in their journey to homeownership, contact us today!
