Blog How the FHA 203(h) Loan Can Help You

How the FHA 203(h) Loan Can Help You

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As a Florida resident, you may experience natural disasters, such as a hurricane. Eagle Home Mortgage, a Lennar affiliate, would like to inform you of a loan program that is specific for those recovering from the long-lasting effects of a natural disaster. The FHA 203(h) loan is a great option for those who have become a displaced owner or renter due to a recent disaster. This home loan is applicable to qualified buyers when their primary residence is lost or deemed “unlivable.” This would give you and your family the support needed to move on from such overwhelming loss and get your life back on track. One of the major advantages of this program is that it allows for 100% financing, which means that it does not require a down payment. The FHA 203(h) loan will provide needed assistance as disasters are not planned for and can come at the worst possible moment.

The FHA 203(h) program is designed for those who require assistance if their property falls under a presidentially – declared disaster area and owners/renters have either lost their homes or had extensive damage making their home an unsafe place to live. This loan can be used for a new purchase or reconstruction of their home as long as individuals apply within one year of the major disaster declaration.

Be at peace knowing that Eagle Home Mortgage, Lennar Orlando, and the FHA 203(h) Loan are all looking out for your family’s best interests and needs. We know that we cannot fix what the disasters have crated however, we can help start the healing process by giving you the opportunity for a fresh start.

Disclaimer: 

Limited Time Only, the availability of FHA 203(h) assistance is limited. Offer available on qualifying purchasers/borrowers. You are NOT required to use EHM as a condition for purchase of a Lennar home.  This offer is subject to borrower meeting approval guidelines. The FHA 203(h) loan program and seller contribution limits are subject to certain FHA terms, conditions and restrictions. Rates and terms are subject to change without notice. Contact your loan officer for FHA 203(h) program details and your new home consultant for home purchase details. You are free to shop around to determine that you are receiving the best services and the best rate for these services. Lennar and EHM have business relationships with each other. Lennar and EHM are, directly or indirectly, wholly owned by Lennar Corporation. For additional information please visit their websites www.Lennar.com and www.eaglehm.com. This offer is subject to change and may be withdrawn or discontinued at any time without notice.” This statement is based on currently available information, current market conditions and should never be relied upon. Market rates are based on market trends, other factors and they involve risks, variables and uncertainties that can cause predictive statements to differ materially.  This statement is no guarantee of the present or future market conditions and market values. Each prospective purchaser should conduct their own independent analysis, consult your own accountant, legal and tax advisor, to evaluate risks, consequences and suitability of this home purchase.  Visit Lennar.com or see a Lennar New Home Consultant for further details and important legal disclaimers. This is not an offer in states where prior registration is required. Void where prohibited by law. Copyright © 2017 Lennar Corporation Lennar, the Lennar logo, Everything’s Included, the Everything’s Included logo, and Eagle Home Mortgage are U.S. registered service marks or service marks of Lennar Corporation and/or its subsidiaries. CBC 1260831 11/17

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