If your property is located in a Flood zone that requires participation (meaning you need to have flood insurance), I know of no lenders that will lend on a such a property without flood insurance being in place. There is a reason flood insurance is required...Your home is sitting in a flood plain and the risk of flooding is evident. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Licensed in Arizona (AZLO0911876 / AZBK0902429), Washington (WALO40586 / WACL3087) and California (CADOC40586 / CAFLL6036566). We are licensed by the CA-DBO under the CFLL and CRMLA. Loans made or arranged pursuant to CFLL or CRMLA license. ~ www.LoansA2z.com ~ 888-889-9950
please send me your email.. I have a great loan officer in California for you..
Depends on the specifics of what the issue is, Bert is correct - it may be difficult to find a lender with more flexibility.
I have done many mortgage loans in flood zone areas. If you still need assistanceand/or additional quotes please do contact us.
No one will lend regardless of it being a conforming or non conforming loan, unless you have flood insurance. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com
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