From record-breaking wildfires and flooding to the strongest hurricanes ever recorded, 2017 has seen its fair share of disasters. So far to date, 2017 has seen 15 unconnected weather or climate disasters in the U.S. totally more than $1 billion in damages each, according to the National Oceanic and Atmospheric Administration.
With the recent wildfires in Northern California expected to exceed $1 billion in damages, 2017 will break the record for the year costliest natural disasters, which was set in 2011, NOAA says. And the year’s not over. These calamities have affected millions of Americans, many of which have seen their homes significantly damaged, if not destroyed.
But there’s hope for homeowners nationwide who are struggling to make ends meet in the wake of these unprecedented storms and wildfires. Disaster relief loan options from Mortgages for America offer assistance for homeowners affected by major disasters.
Did you know if your home was destroyed, the Federal Housing Administration (FHA) has no-money-down loan options to help you relocated? Here’s what you need to do:
- Register with FEMA: The Federal Emergency Management Agency (FEMA) has a fund available for temporary housing assistance, rebuilding, and repair costs and more.
- File a claim with Insurance: If you have insurance, determine what is covered and file a claim immediately.
- Assess the damage: Take diligent records of the damage, including photos and video if possible.
- Call us: Whether we are your current mortgage lender or not, we can help you get back on your feet. We have disaster-related assistance available.
It’s important to do your research and be cautious of scams and frauds, which are common surrounding natural disasters. Speak to a trusted advisor immediately to get your life back on track as quickly as possible.
For more information on disaster relief loan options, speak to one of our mortgage professionals today at (888) 320-7888.