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Fha loans in florida

Rebuild with the FHA 203(h) Disaster Loan

In January 2025, the Altadena wildfire had a devastating impact on our community, destroying numerous homes across the foothills of Los Angeles County. Many families lost everything, and the recovery process can feel overwhelming.

If your single-family home in Altadena was destroyed or deemed uninhabitable, there is a viable option available to assist you in rebuilding: the FHA 203(h) Disaster Loan Program. This federally backed mortgage program is specifically designed to support wildfire victims in their efforts to recover and secure permanent housing.

The FHA 203(h) program offers several benefits:

- Low down payment requirements
- Competitive interest rates
- Flexible credit score criteria
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Property Potential with Manufactured Homes and ADUs

The significant impact of California’s housing crisis and the corresponding legislative changes that have emerged, particularly Senate Bill 9 (SB 9).

SB 9 allows homeowners to split their single-family lots, enabling the construction of additional housing units. This new law aims to increase housing density in residential neighborhoods and provides exciting opportunities for property owners
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