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Program Description

Mortgage Insurance for Disaster Victims Section 203(h) helps make it easier for survivors to get a mortgage to buy or rebuild a home.

Section 203(k) Rehabilitation Mortgage Insurance offers two options for both home buyers and homeowners:

  • Get a single mortgage to buy or refinance a home and the cost to rehabilitate it.
  • Get money to rehabilitate your existing home.

You may use the program for work ranging from minor repairs to major renovations. This includes disaster-related repairs.

General Program Requirements

You must meet all conditions below to qualify for each programs.

Section 203(h) Mortgage Insurance for Disaster Victims:

  • You must own a one-family home damaged or destroyed in a presidentially declared disaster.
  • This must be your primary home.

Section 203(k) Rehabilitation Mortgage Insurance:

  • You must be able to make monthly mortgage payments.
  • You must rehabilitate a home that’s at least one year old.

Application Process

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

For Section 203(h), apply within one year of the disaster declaration.

Last Updated: 06/07/2025