Yates Lake Topics: new flood insurance requirmts

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	Name:	southerncomfort -
	Subject:	new flood insurance requirmts
	Date:	11/2/2009 9:51:31 PM

Thanks for the advice, but this is not just this lender -- we are in the process of a refinance and they told us the same thing.
FEMA has just recently revised the flood maps in 7 states and a lot of homes and lots around the lake that were listed in X or B zones are now in A which means any federal backed lender must
require you to obtain flood insurancee. We do intend to fight it, with a LOMA (letter of map adjustment)that can be requested from FEMA, unfortunately you have to pay for an elevation survey first.
We are just feeling our way through this and will keep posting progress. From what I'm hearing this thing could get big.

Other messages in this thread:

View Entire Thread

new flood insurance requirmts - southerncomfort - 11/2/2009 6:08:34 PM

new flood insurance requirmts - Dixie Drifter - 11/2/2009 9:27:58 PM

new flood insurance requirmts - southerncomfort - 11/2/2009 9:51:31 PM

new flood insurance requirmts - Yankee06 - 11/8/2009 6:09:58 PM

new flood insurance requirmts - Seal Team - 11/18/2009 10:35:22 AM

new flood insurance requirements - lotowner - 12/2/2009 2:51:59 PM

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