FHA 203(h) Disaster Loans in Mississippi

Three separate declarations are open, covering different parts of the state. DR-4899 (the January 2026 winter storm) is by far the largest, with 37 designated areas across the Delta and north Mississippi. DR-4930 (Tropical Storm Arthur) covers Hancock, Harrison, Pearl River and Stone counties on the Gulf Coast. DR-4922 (the May 2026 storms and flooding) covers Franklin, Lamar, Lawrence, Lincoln and Wilkinson counties in the southwest. Individual Assistance is the designation that creates eligibility — a county designated for Public Assistance only, which funds public infrastructure repair, does not qualify under that particular declaration.

FHA 203(h) applications must be submitted within one year of the declaration, so each window closes on its own date. DR-4899 (winter storm) closes February 6, 2027. DR-4922 (southwest Mississippi) closes June 30, 2027. DR-4930 (Gulf Coast) closes August 3, 2027. These are firm dates, and missing them is the single most common reason disaster victims never use this program.

Each declaration covers a specific disaster and a specific list of areas, so a county can be eligible under one and not another. What matters is where you were living and which disaster damaged your home — that pairing decides which declaration applies to you and therefore which deadline you are working against. If your county appears on any of the Individual Assistance lists above, it is worth a conversation.

Possibly, yes — and this is the part almost nobody knows. You did not have to own the home you lost. If you were renting in one of the designated areas and that residence was destroyed, or damaged badly enough that it has to be rebuilt or replaced, 203(h) may let you buy a home of your own with no down payment.

No. The replacement home does not have to be in the disaster area. If it makes more sense for your family to move elsewhere in Mississippi, or to another state where we are licensed, 203(h) still applies.

Yes. We pair 203(h) with an FHA one-time close construction-to-permanent loan, so a single loan covers the rebuild and then becomes your permanent mortgage — one closing, and no mortgage payments while the home is under construction. Construction lending is our specialty, which is why we can structure this when many lenders cannot.

No. These programs are designed to work alongside each other, and most families end up using more than one. Talk to us about how your FEMA grant, insurance settlement, or SBA loan fits with the mortgage — the sequencing can matter, and we would rather help you plan it than have you guess.