Hancock Bank offers disaster relief loanMortgagePress.comDisaster relief mortgage loans
Hancock Bank has announced the availability of a disaster relief
construction loan, to assist Gulf South homeowners in repairing or
rebuilding homes in localities declared disaster areas by the
federal government after hurricanes Katrina and Rita.
The Hancock Bank Home Recovery Construction Loan allows a
homeowner to borrow up to 103 percent of the appraised value of his
home. It requires no down payment and allows for construction
periods of up to 187 months, during which borrowers are required to
make only interest payments.
Hancock Bank is based in Gulfport, Miss. For more information,
call (800) 448-8812 or visit www.hancockbank.com.