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Under HUDs mortgage insurance program for disaster victims, can I purchase a new home in an area other than the Presidentially declared disaster area?

April 26, 2017area disaster Home HUD mortgage insurance program purchase victims

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Under HUDs mortgage insurance program for disaster victims, can I purchase a new home in an area other than the Presidentially declared disaster area?

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A. Yes, disaster victims can take advantage of this program in any part of the country and are not required to purchase in the disaster area. For example, a family whose home on the Gulf Coast was destroyed by Hurricane Katrina can relocate to Chicago and purchase a new home there under this program.