All of the following mortgages require either flood insurance or a certificate that the mortgaged property is not in a flood zone EXCEPT
A) VA-guaranteed mortgages.
B) FHA-insured mortgages.
C) mortgages carried back by sellers.
D) conventional mortgages secured from federally chartered savings and loans associations.
Correct Answer:
Verified
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A)
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Q35: Flood insurance can be purchased for
A) structures
Q36: Among the following, who does NOT hold
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Q38: Section II of a homeowner insurance policy
Q39: To cover personal property and any additions
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