"Archangel" wrote in message
.. .
"Chris" wrote:

wrote in message
. ..
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.


I am open ears as to what program this is? Better yet what are the
qualifications?
Please do tell!

--
Chris

There are two programs I can think of. One is the FHA loan for first time
home buyers, the other is the VHA loan for veterans.

--
Archangel - Jack of all trades, mastering some...

Archangel & RavenSky's personal pages:
http://www.REMhastenslowly.com/

remove the REM... (sleep is over rated)


Again these are not loans but insurance for the lenders as provided by our
government. Once again they are not loans but insurance to the lender.


--
Chris

If you can read this, thank a teacher. If it is in English, thank a
soldier. If it is in ebonics, thank your Congressman.