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Disaster Relief for Wildfire Victims

October 24, 2017 at 5:14 PM
california wildfires (1).jpgIf your home has been destroyed or severely damaged in a Presidentially declared disaster area, we can help through the FHA 203(h) Disaster Relief Loan.

The FHA 203(h) mortgage may be used to finance the purchase of a new home with no down payment and favorable terms. 
  • 100% financing available
  • Financing options available for FICO scores as low as 640
  • FHA mortgage limits range from $275,665 to $636,150 in high cost areas
  • No borrower income limit
Two other important details to know about this program are: 
  • If you plan on  purchasing a new home, the new home need not be located in the area where the previous house was located. 
  • Renters that were displaced within a declared disaster area are also eligible for this program. 
In this time of hardship and loss, we send our deepest sympathies and can only hope for a sense of calm and safety to be restored for you as soon as possible. Please feel free to contact us if you have questions about this loan program.

 

American Pacific Mortgage

American Pacific Mortgage

At American Pacific Mortgage, ownership is a state of mind. Let us make your dream of home ownership a reality.