Section 203(h) Mortgage Insurance for Disaster Victims helps survivors get a mortgage to buy a new home or rebuild their damaged one.

Section 203(k) Rehabilitation Mortgage Insurance gives home buyers and owners two options:

• Buy or refinance a house and its rehabilitation costs with a single mortgage, or
• Finance the rehabilitation of their existing home.

Money may be used for rehabilitation work ranging from minor to total reconstruction. Section 203(k)-insured loans can finance:

• Residential section rehabilitation of a property that also has non-residential uses.
• Conversion of any size property to a one- to four-unit structure.

To qualify for Section 203(h) Mortgage Insurance for Disaster Victims, you must:

• Own a one-family home damaged or destroyed during a presidentially declared disaster, and
• Use this home as your main residence.

To qualify for Section 203(k) Rehabilitation Mortgage Insurance, you must:

• Be able to make monthly mortgage payments, and
• Be rehabilitating a home at least one year old.

To apply, view the lender list to find an approved lender near you.

If you apply under Section 203(h), your application must be sent to the lender within one year of the disaster declaration.