Rebuilding Together

With FHA 203(H) and

Consumer First Mortgage

Help when you need it.

Federal Disaster Relief Loan Assistance
For a limited time, HUD is waiving the 3.5% down payment requirement on FHA
loans for any home buyer whose previous residence or apartment was destroyed
or substantially damaged by the recent storms. Talk with your local CFM
representative to find out whether you qualify for this program.

General Program Parameters:

1) The borrower’s previous residence, either a home or an apartment, must have been in
the disaster area and must have been either destroyed or damaged to such an extent that
reconstruction or replacement is necessary. Conclusive evidence of eligibility for this
program is required.

2) Borrower must be purchasing a primary residence.

3) Borrower must have been either the owner or a renter of the property affected by the
disaster.

4) No gift funds allowed, but seller may pay up to 6% toward closing costs and prepaids.

5) Borrower’s application must be submitted within one year of the President’s declaration
of disaster.

Brandon Snider
Consumer First Mortgage, Inc.
942 N Main Street
Arab, AL 35016
(256) 694-7514 Cell
(256) 586-5626 Office
Email: bsnider@cfmhomes.com
NMLS # 181033