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On Mon, 12 Sep 2005 21:29:40 -0400, in misc.consumers.frugal-living "Chris"
wrote:


My lender will not finance homes that are on a flood plain.

Are we talking a real lender (only a couple of handfuls) or a broker?
Most
lenders will lend in a flood zone. They use the 100year flood plan that
is
given to them when the property is appraised. If the property is in
question, all that is normally required is the property owner to carry
flood
insurance on the property. More common sense than anything. I think your
broker might be handing you some.


My lender is the US Government.


Since when is the government handing out loans? Or is this some new welfare
thing I am not aware of?


It's not welfare, it's a loan with a low interest rate. Funny how only in this
country "welfare" is a bad word. We are so brainwashed in this country.