If You've Lost Your Home In A Presidentially Declared Disaster, There's Help For You

If You've Lost Your Home In A Presidentially Declared Disaster, There's Help For You

If you're one of the many Americans who have suffered from the destruction or total loss of your home due to a disaster in an area that the President declared it a natural disaster, you may qualify for the FHA section 203(h) program.

It allows the FHA to insure mortgages made by qualified lenders to these such victims who need to rebuild their homes or buy another home.

It's an effort to help these victims become a homeowner or re-establish themselves as homeowners.

If your home was damaged and it needs to be replaced or reconstructed, you may qualify. 

Some of the features include:

No down payment

100% financing with the possible exceptions of mortgage insurance premiums and the closing costs.

There are loan limits, get more info here

  Find an approved lender here

With all of the recent natural disasters like the California wildfires, the severe winter storm and flooding in Oregon, the tornadoes in Georgia, the tornadoes in Mississippi, the tornadoes in South Dakota, the severe winter storm in Oklahoma, the wildfires in Oklahoma, the tornadoes in Oklahoma, the tornadoes in Louisiana, the tornadoes in California, the flooding in California, the mudslides in California, the severe winter weather in Nevada, the flooding in Nevada, the mudslides in Nevada, the fires in Kansas, the flooding in Kansas, the flooding in Wyoming, the severe storms in Idaho, the severe storms in Washington, the severe storms in Utah. the fires in Florida, the fires in Utah, the fires in New Hampshire, the severe storms in Missouri, the severe storms in Arizona, the severe storms in New Mexico, the severe storms in Tennessee, the severe storms in New York, the fires in Tennessee, the list goes on for disasters in Montana, Michigan, Texas and more.

See the complete list of 2017 natural disasters here.

1. Find out through HUD if you qualify.
2. Find an eligible lender.
3. If you decide to relocate to the Miami area, I'm happy to help.
4. If you're going to live elsewhere in the country, I can put you in touch with some amazing agents to guide you through these trying times in your life.

 A licensed real estate agent will be your best source in this time of need. You don't want to go it alone and our expertise can help make this transition painless for you. You don't want to carry the burden of this type of responsibility alone after suffering a major life event like these. 

We already have homebuying transactions down to a science and we know all of the right steps to initiate and when, so you won't have to.

I'm here to help if you need it.

I'm a licensed real estate agent in the metro Miami Florida area.

Call or text me

Priscilla Hammond, Real Estate Agent

RE/MAX Consultants Realty 1

1625 SE 17th St. Causeway

Fort Lauderdale, FL 33316

Cell 305-783-4269

Office 954-767-4667

"Find your way home with me"

#203(h) #become a homeowner #2017 natural disasters #licensed real estate agent