President Trump declared federal disaster zones in Butte, Los Angeles and Ventura Counties in California
Homeowners who are victims of these devastating fires are eligible for FHA rehab loans or construction loans. . With the Presidentially-Declared Major Disaster Area (PDMDA) in effect we are able to assist those victims through the FHA 203(h) program.
If you need help with forms or paperwork, call me and I will come and complete for you.
Borrowers may not have paper IRS taxes, w-2 forms and bank statements ready on hand but we will
find a way to recreate what is needed. Call me (949) 784- 9699
- No Down Payment
The FHA 203(h) Home Mortgage requires no down payment as one way to help victims of a major disaster get back into a home easier and more quickly, understanding the economic hardships that accompany these types of loss. - 100% Financing
Homebuyers may finance a home for 100% of the purchase price. - Lower Closing Costs
FHA loans allow sellers to give up to 6% of a home's purchase price to an FHA buyer to pay for loan closing costs. - Easier Credit Qualifying
The FHA 203(h) allows for some leniency with mortgage payment history on damaged property but credit score minimums will still apply. - Government Insured
The FHA loan is insured by the government. Supreme Lending can offer options for home buyers that might not qualify for a conventional product.
Camp Fire Woolsey Fire Malibu Paradise
REBUILD