Money on the table
SBA Isaias homeowner disaster loans start at 3 percent
SBA lists interest rates as low as 3% for homeowners and renters, 4% for businesses, and 3.625% for private nonprofits, with terms up to 30 years. Interest does not begin to accrue, and payments are not due until 12 months from the date of the first loan disbursement. Applicants may also be eligible for a loan increase of up to 20% of their physical damage for mitigation purposes.
Date to know: December 28, 2026 (Physical damage applications Dec 28)
- Who it covers
- Bay, Escambia, Gulf, Holmes, Okaloosa, Santa Rosa, Walton and Washington counties
- Official source
- U.S. Small Business Administration
- Checked on
- November 12, 2026. We opened the official page and confirmed the wording and every number.
Interest rates are as low as 4% for businesses, 3.625% for private nonprofits, and 3% for homeowners and renters
What to do
- Call the office on the official page and ask if you qualify.
- Ask what papers to bring. Most offices want ID, proof of income and proof you own the home.
- Applying is free. Nobody official charges a fee to apply.
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