July 25, 2012
In recent weeks we’ve posted several announcements about presidential disaster areas which were declared in Florida, Colorado, New Jersey, and Minnesota. One important benefit for some disaster victims in such cases is the FHA 203(h) Loan For Disaster Victims.
This FHA loan program is described on the FHA official site; “Under the Section 203(h), Mortgage Insurance for Disaster Victims program, FHA provides mortgage insurance to assist victims of presidentially-declared disasters.