
Erik Martin
Erik Martin is a Chicago-area freelance writer, editor, public relations professional, podcast host, blogger, and president of Martinspiration, Inc.
Articles
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2 weeks ago |
kktv.com | Erik Martin
Key takeaways Mortgage lenders require flood insurance on homes in certain FEMA-designated flood zones. Typically, the coverage requirement is either the full replacement cost of the home, the maximum amount allowed by the National Flood Insurance Program or the unpaid balance of the mortgage, whichever is less.
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2 weeks ago |
kptv.com | Erik Martin
If you need a mortgage for a home in a , your lender will likely require you to purchase . Here’s why, how much coverage you’ll need, what it’ll cost and more. How much flood insurance do you need for a mortgage? If you’re buying a home in a Special Flood Hazard Area (SFHA), most types of home loans — including a backed by Fannie Mae or Freddie Mac or an , or loan — require flood insurance coverage.
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2 weeks ago |
news4sanantonio.com | Erik Martin
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2 weeks ago |
wcyb.com | Erik Martin
How much flood insurance do mortgage lenders require? by Erik J. MartinTue, May 20th 2025 at 7:51 PMArtazum/Shutterstock
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2 weeks ago |
cbsaustin.com | Erik Martin
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