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Mobile Home

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Question: 
The flood regulation applies to a loan secured by a building or a mobile home. Is flood insurance required on a mobile home that is not on a foundation?
Answer: 

For purposes of the flood regulations, the term mobile home means a mobile home on a permanent foundation. Insurance is not required, nor is it available, on a mobile home that is not on a permanent foundation.
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Learn more about Jack Holzknecht’s webinar
Top Ten Most Frequent Flood Issues

First published on 04/15/2018

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