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Hancock Bank offers disaster relief loan

National Mortgage Professional
Mar 24, 2014

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.

Published
Mar 24, 2014