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I need a non-Fannie Freddie guaranteed lender due to flood insurance requirements of the complex

by fadler899 from , California. Dec 9th 2014 Reply


Bert Carpenter (BertCarpenter)
#39 ranked lender in Arizona - 1,815 contributions

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

Dec 9th 2014
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Linda Wintersteen (Linda123)
#64 ranked lender in Arizona - 1,250 contributions

please send me your email.. I have a great loan officer in California for you..

Dec 9th 2014
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Phil Dumouchel (PhilDu)
#32 ranked lender in South Carolina - 2,224 contributions

Depends on the specifics of what the issue is, Bert is correct - it may be difficult to find a lender with more flexibility.

Dec 9th 2014
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Larry Gray (lgray_312_247)
#4 ranked lender in California - 1,127 contributions

I have done many mortgage loans in flood zone areas. If you still need assistanceand/or additional quotes please do contact us.

Dec 9th 2014
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William J Acres (William_Acres)
#2 ranked lender in Arizona - 7,797 contributions

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

Dec 10th 2014
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