AC-003 Florida Property Insurance Restrictions

Effective immediately, mortgage applications for properties in the state of Florida with property insurance provided by an insurer participating in the Temporary Market Stabilization Arrangement (TMSA) will not be eligible for financing.

The restriction applies to all loan products offered at FLCBank:

  • Conventional Products,
  • Jumbo Products,
  • FHA,
  • USDA,
  • VA,
  • Second Mortgage HELOC,
  • Closed-End Second Mortgages and
  • Advantage Bridge
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