Financing

Ducky Johnson has decades of experience with working with the myriad of available grant and loan programs. We can help you find the right solution for your unique situation.

FHA 203k Loans

If you’ve found the perfect property but need the safety and security that comes from a raised home – an FHA 203k loan may be the right option for you. An FHA 203k loan allows you to borrow money for both home improvement and a home purchase at the same time.

Ducky Johnson is a licensed contractor who knows the FHA 203k process and paperwork. Our extensive experience with the program translates into assurance that the project will be completed on time and within all program guidelines.

Filling the FEMA gap

The Federal Emergency Management Agency (FEMA) administers its grants according to Federal cost sharing requirements. Often, Hazard Mitigation Assistance (HMA) funds may be used to pay up to 75 percent of eligible costs. For some programs and projects, such as those for repetitive loss (RL) and severe repetitive loss (SRL) properties, FEMA may cover up to 90 or even 100 percent of the costs.

Ducky Johnson may be able to help fill the gap left from FEMA funds. With Increased Cost of Compliance (ICC) coverage, property owners may be eligible for up to $30,000 from the National Flood Insurance Program (NFIP). These funds may be used for eligible flood mitigation activities, including home elevation. Ducky Johnson’s experience with these programs can assist the homeowner in the application for ICC Funds. Additionally, direct support via a traditional home improvement loan may also be available.

The right choice for your unique position

We understand that each situation is different and requires individual attention to find the best solution. Ducky Johnson’s experience navigating grant and loan programs means you have a true partner throughout the process. Contact Us now to find out how we can help you.