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Looking to purchase a house in South Yarmouth MA, 02664 - The house is located in a AE flood zone can you get a mortgage in this flood plain ?
VINCENT, SOUTH YARMOUTH MA
June 20, 2017 01:04:10 PM
In reply to VINCENT, SOUTH YARMOUTH MA
Hi Vincent! Thanks for coming to TD Helps with a great question.
Absolutely! You should still be able to apply and be approved for a mortgage with us if the house is in an AE flood zone. Please know that it would be mandatory to carry Flood Insurance on the property should you buy it. We recommend looking around for quotes so that you're fully informed on what that may cost prior to purchasing this home.
We encourage you to check out information about the mortgages we currently offer and even get a loan estimate online at https://go.td.com/2jQXWsK. We offer lots of great info and tools on our site. You can even schedule a call from one of our Mortgage Specialists at a time that is convenient for you. If you have any questions at all, please don't hesitate to call our Mortgage Team. They're available Monday through Friday from 8AM to 10PM and weekends from 8AM to 8PM at 1-866-325-4516.
We look forward to hearing from you soon. Have a great day, Vincent!
Customer Service Team, Mount Laurel
June 20, 2017 01:04:25 PM