All Forum Posts by: Michael Smith

Awesome, Congrats!

I realize this is an extremely old thread, but in case anyone references it I thought I would add a bit of information. While true if you get your structure pulled out of a high risk flood zone through a LOMR the lender could still require flood insurance, the rate would be based on a low to moderate risk instead of High Risk which on a $250,000 policy with a $5000 deductible in a AE zone the difference between paying approximately $500 a year and $3000 a year.