mortgage financing and programs

Archive for May, 2011

Chosad Offers Disaster Relief Financing in Alabama

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Recovering from the devastating tornadoes that struck parts of Alabama  in recent weeks is a challenging effort for people in the affected  communities. Obtaining the financing necessary to rebuild or relocate to a new home shouldn’t be an added  difficulty. The  U.S. Department of Housing and Urban Development FHA  Section 203(h) program is designed to help people in Presidentially  designated disaster areas to re-establish themselves as home owners.  Under FHA 203(h) borrowers are eligible for 100% financing with  no downpayment required. Strict fee limits are imposed to further keep  borrower costs to a minimum. Only HUD approved lenders such as Acre  Mortgage Financial, Inc can offer these loans. Chosad Finacial,  Inc maintains a strong presence in Alabama  with several branch offices. We have seen the devastation close up and  we want to do all we can to help home owners get back on their feet. Contact us today for more details. Fill out an Chosad loan request form, or give us a call at 604-916-2321.

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