FHA 203(h) Disaster Loans in Wisconsin

DR-4923, declared June 30, 2026 for the April 13–23 storms, tornadoes and flooding, designated 20 areas for Individual Assistance: Bayfield, Brown, Buffalo, Jackson, Jefferson, Juneau, Kenosha, Manitowoc, Marathon, Milwaukee, Outagamie, Racine, Rock, Sauk, Vernon, Washington, Waukesha, Waupaca and Winnebago counties, plus the Oneida Indian Reservation. Individual Assistance is the designation that creates 203(h) eligibility. Iowa and Kewaunee counties received Public Assistance only, which funds public infrastructure repair and does not make individual borrowers eligible.

FHA 203(h) applications must be submitted within one year of the declaration. DR-4923 was declared on June 30, 2026, so the deadline is June 30, 2027. That is a firm date, and missing it is the single most common reason disaster victims never use this program.

Possibly, yes — and this is the part almost nobody knows. You did not have to own the home you lost. If you were renting anywhere in one of the designated counties 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 to another part of Wisconsin, 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.