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FHA Today! is a division of Ameribank Mortgage specializing in FHA Financing. Ameribank Mortgage is not a Government Agency.
 
203K SLIDE SHOW
LOAN PROGRAMS

 


203(h) Loan
Helping disaster victims reestablish their quality of life

Below are the guidelines and requirements to qualify for the FHA 203(h) loan.

  • 100% Financing
  • Up to 6% seller concession for closing costs
  • Single family residence and condos allowed
  • Must provide documentation to evidence permanent residence in the affected area before the disaster. (Drivers license, voter registration card, utility bills, etc.)
  • Must provide documentation regarding the destruction of residence. (Insurance report, inspection report by an independent fee inspector or government agency, letter from FEMA)
  • Homeowner or renter allowed
  • More flexible debt-to-income ratio calculations
  • This program may be used to purchase a home anywhere in the United States

 

 
 

 

 

 

 
     

 

Ameribank Mortgage
Toll Free Phone: 800-783-8400, Fax: 914-332-6340
150 White Plains Road, Suite 102, Tarrytown, NY 10591