[StBernard] SBA Approval in St. Bernard?

Westley Annis westley at da-parish.com
Sat Jan 21 20:21:46 EST 2006



Has anyone been approved for a loan by SBA to relocate in St. Bernard
Parish? If so, have they put any stipulations on where you can buy in the
parish?

I'm currently in the oil zone and would like to relocate in St. Bernard.
The property that I was looking to purchase is in zone A. A flood zone.

1. I was told I could relocate in St.Bernard but I could not relocate in a
flood zone. I explained If this happens again, we'll all get flooded again
whether we're in a flood zone or not.

2. I was also told I would not get the full loan amount if I relocate
unless I can prove that I can not go back to living in my current home. I
would need to show proof from the city that my property would become green
space or any other reason that the parish will not let me rebuild on my
current property. If I tell t he guy I'm in the oil zone his next question
will be did I settle. Once again deducting more from the amount they will
lend me.

Please help, I'd appreciate any advice on this matter.

Thanks,
cpm








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