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FHA Moves to Allow Borrowers to Buy Private Flood Insurance

Borrowers who want to buy a home in a federally designated flood hazard area using a Federal Housing Administration mortgage are required to secure flood insurance, but for many years, the only way to get that insurance was through the National Flood Insurance Program. But that might not be the case for much longer.

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Who to Call After a Disaster

From Carolina hurricanes to California wildfires, natural disasters are striking with increasing vengeance, carving a trail of destruction across communities nationwide. For 2017, the National Oceanic and Atmospheric Administration (NOAA) estimated the total cumulative damage of floods, fires, and other weather-related catastrophes totaled $306.2 billion, a U.S. record.

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Safety After a Hurricane

New American Funding cares about your safety after a hurricane and we are dedicated to assisting those who have experienced damage to their home or have financial difficulty due to the impact of a natural disaster.

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