American Mortgage Corporation is pleased to now offer FHA 203(H) loans with 100% financing
Recovering from a major disaster is never easy, especially when a loved home is destroyed. With this product, we can make a major difference in helping you get your borrowers into a new home quickly.
FHA financing for homebuyers in Presidentially Declared Major Disaster Areas (PDMDAs)
The FHA 203(H) loan is designed specifically for disaster victims who are replacing a lost home, available for single-family properties and FHA-approved condominium units. Features include:
- 100% financing – no down payment required
- Displaced homeowners and renters may qualify
- 15- and 30-year fixed-rate loan terms
- Minimum FICO scores from 600
- High-balance loans allowed
- Gift funds supplied by friends and family members may be allowed
To learn more about this product, send us an email or visit us at www.americanmortgagecorporation.com or please call us toll-free at (888)818-9168.