ZERO DOWN Home Loans For Disaster Victims

Dated: 09/09/2017

Views: 111


  • FHA 203h is a Disaster Victims Program that offers 100% financing to individuals or families whose home was destroyed in a Presidential-declared disaster area, whether they owned the home OR rented it!

  • The new home does not need to be in the same area that it was previously located.

  • Minimum credit score only 620! Home payments need to have been paid on time the 12 months prior to the Disaster. 

  • Homebuyers have ONE YEAR from the date of the Declared Disaster to apply for the program.

  • Eligible for owner occupied, single family residence, and FHA approved Condos (I will be sending a list of FHA approved condos before the end of the week!)

  • Home must have been destroyed or damaged to such an extent that reconstruction or replacement is necessary (you cannot use the 203(h) program to rehabilitate a home)

  • Check the FEMA WEBSITE 

  • No down payment required -- the closing costs can come through either seller concession (up to 6%) or premium pricing on the interest rate, or buyer paid.

  • 39 counties impacted in Texas!!

  • Click our Link Below for VIdeo 

  • >>>>Video of FHA 203 H Loan Program <<<<

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