Home Loans for Disaster Victims
Hi. My name is Mack with One Trust Home Loans and welcome. My NMLS number is 208691 and today, we’re going to talk about home loans for disaster victims also called the Disaster Relief Mortgage, otherwise known as FHA 203h.
If you or someone you love or know has been displaced as a result of a disaster within a Presidential Declared Disaster Area and whose home has been damaged and/or destroyed, you could be eligible for this special financing. This program does not require a down payment and has very flexible guidelines with regards to income, credit, and assets. In addition, FHA 203(h) also allows for seller contribution up to 6% of the sales price.
Home Loans for Disaster Victims it Could be Zero Down
You could move in for as little as zero or for as little as it might take to rent a new apartment or a new home. Again, the program is available in Presidential Declared Disaster Area to persons that were renters or homeowners whose homes were destroyed and/or rendered unlivable. The loan program is available for 1 year after the declaration of disaster. And if you think you might be eligible and would like to have more information, please reach out to us at mortgagemack.com or [email protected] or please leave a comment under this video and I will be glad to respond to your comment.
If you have any suggestions for additional material that you think would be important to you, I would love to hear from you.
Thank you. Have a great day.
Calcon Morggage LLC, dba OneTrust Home Loans is an equal housing lender; NMLS #46375: 3131 Camino Del Rio North Suite 1680, San Diego, CA 92108. Corporate phone (888) 488-3807. For more licensing information visit: https://onetrusthomeloans.com/licensing-information/. All products are not available in all states. All options are not available on all programs. All programs are subject to borrower and property qualifications. Rates, terms and conditions are subject to change without notice.
Mack F. Blankenship is a Mortgage Loan Officer at Onetrust Home Loans, 1345 Campbell Rd., #222, Houston, TX 77055. Phone: (346) 223—0336; NMLS #208691: https://onetrusthomeloans.com/lo/mblankenship https://www.facebook.com/mortgeagemack/
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