After The Disaster, A Way Back.
FHA 203(h) helps people whose home was destroyed or severely damaged in a federally declared disaster buy again.
For homeowners displaced by a federally declared disaster
A dedicated FHA program for people whose home was lost or badly damaged.
- For a borrower whose home was destroyed or severely damaged in a Presidentially Declared Major Disaster Area.
- The damage must be severe enough that reconstruction or replacement is necessary.
- The previous home must have been located in the declared disaster area.
- There is a limited window to apply after the disaster is declared, unless an extension is granted.
- It can be combined with the FHA 203(k) product for a purchase and rehabilitation together.
- It can also be combined with 203(k) for a refinance and rehabilitation.
Presidentially Declared Disaster Areas
Home destroyed or severely damaged
Purchase a replacement home
Can be paired with FHA 203(k)
Time limit runs from the declaration
FEMA declaration determines eligibility
What is the Saxton FHA 203(h) Disaster Victims Loan?
FHA financing designed for the specific situation of losing a home to a declared disaster.
When a hurricane, wildfire, flood or other disaster destroys a home, the standard mortgage process is not built for what follows. FHA 203(h) is. It is a program specifically for borrowers whose residence was destroyed or damaged to such an extent that reconstruction or replacement is necessary, in an area the President has formally declared a major disaster.
Eligibility is tied to the declaration. Your previous home has to have been located inside the Presidentially Declared Major Disaster Area, and there is a limited period after the declaration date in which you can apply, unless an additional period of eligibility has been granted. Whether an area is covered and when it was declared is published by FEMA.
It can also be paired with the FHA 203(k) product. That combination lets you purchase and rehabilitate a home in one loan, or refinance and rehabilitate, which matters when the housing available after a disaster needs work itself.
Why choose the Saxton FHA 203(h) Disaster Victims Loan?
For families rebuilding after a federally declared disaster took their home.
Built For This Exact Situation
This is not a standard loan with sympathy applied. It is a distinct FHA program written for disaster victims.
Rehabilitation Can Be Included
Paired with 203(k), the purchase and the repair work can be handled in a single loan, which matters when undamaged housing is scarce.
Purchase Or Refinance
The 203(k) pairing works for a purchase with rehabilitation or a refinance with rehabilitation, depending on your situation.
The Clock Matters
Eligibility runs for a limited period after the disaster declaration. Knowing that date early can be the difference in whether this is available to you.
We Will Check The Declaration
Whether your address falls inside the declared area, and when the clock started, are things we can confirm rather than leave you to work out.
Purchase Or Refinance
Paired with 203(k), the program works for buying a replacement home or for refinancing and repairing one you still own.
Hear From Homeowners Like You
Frequently Asked Questions
Straight answers about FHA financing after a declared disaster.
It has to be a Presidentially Declared Major Disaster Area. FEMA publishes the declared areas and the declaration dates, and we can check your specific address against them.
It has to have been destroyed or damaged to the extent that reconstruction or replacement is necessary. Cosmetic damage would not meet the standard.
Yes. There is a limited period of eligibility that runs from the date of the declaration, unless an additional period has been granted. This is why it is worth asking early.
Yes. This can be combined with the FHA 203(k) product so that the purchase and the rehabilitation are financed together.
That combination is also available, using the 203(k) product with a refinance and rehabilitation purpose.
Yes. The residence that was destroyed or damaged has to have been located in the Presidentially Declared Major Disaster Area.
Not necessarily. The program is about replacing the housing you lost, which for many families means buying elsewhere. We can talk through what makes sense.
Find out what you qualify for
If a declared disaster took your home, there is a program written for exactly this. Let us check your address and the timing.
Get Pre-Qualified- U.S. Department of Housing and Urban Development, FHA and housing resources
- U.S. Department of Housing and Urban Development, FHA mortgage insurance premiums
*Loan amounts, rates, terms, and eligibility are subject to credit approval, income and asset verification, and program guidelines. FHA 203(h) requires that the borrower’s previous residence was located in a Presidentially Declared Major Disaster Area and was destroyed or damaged to an extent requiring reconstruction or replacement, and is subject to the eligibility period following the declaration. Not all applicants will qualify. Saxton Mortgage, LLC is an Equal Housing Lender.