How much flood insurance do mortgage lenders require?
If you need a mortgage for a home in a flood zone, your lender will likely require you to purchase flood insurance.
4 min read
May 20, 2025
Erik J. Martin
Contributor, Personal Finance
EXPERTISE
- Personal finance
- Mortgages
- Housing market
- Home improvement
- Credit cards
EDUCATION
- Bachelor of Arts, Loyola University Chicago
- Dale Carnegie Training
Erik J. Martin is a contributor to Bankrate covering personal finance, including mortgages, the housing market, home improvement and credit cards. Based in the Chicago area, he is host of the “Cineversary” podcast and blogs on Cineversegroup.com and Martinspiration.com.
In addition to Bankrate, Martin has contributed to AARP The Magazine, Tte Chicago Tribune, Reader’s Digest, The Costco Connection and USAA, among other outlets.
Erik J.'s latest articles
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Do I really need a 20 percent down payment for a house?
It’s possible to buy a house with much less than 20 percent down.
5 min read May 12, 2025 -
Will a change to my credit card number hurt my score?
Changing your credit card number shouldn’t affect your credit score if done properly.
6 min read May 05, 2025 -
How to replace a lost or stolen credit card
If your credit card goes missing, taking action quickly can help resolve the problem.
7 min read May 02, 2025 -
What is Continental Finance — and are its cards right for you?
Continental Finance offers credit products for people with poor credit.
6 min read Apr 30, 2025 -
Reasons not to tap your home equity
For one thing, you could lose your home if things go south.
11 min read Apr 29, 2025 -
Can active military get a VA loan?
Though far from home, you can still get an affordable VA home loan.
5 min read Apr 25, 2025 -
Should you sign the back of your credit card?
Signing the back of your credit card probably isn’t necessary, but it can’t hurt.
5 min read Apr 25, 2025