FhaToday.com is a division of First National Bank of Layton and specializes in FHA Mortgage Financing. FHA Today is not a Government Agency.
 


 


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

 

 

 

 

 

 

 

     

 

FhaToday.com
Toll Free Phone: 800-783-8400, Fax: 845-507-0071
121 West Nyack Road, Suite 12, Nanuet, NY 10954