I was wondering if it would be possible to obtain a home construction loan for building a home on land that is located in a flood zone. I own the property out right and want to build my future home on it. It is located in south Texas . The entire town is now considered to be in a flood zone after the fema maps were re zoned in 2012. My property is 50 acres and level. It is not in a creek or in a hole. Of course, I don’t consider it to be flood prone. The reason for the flood zone is the towns proximity to the rio grande river( my 50 acres are almost a mile away from it). My wife and I have excellent credit but our concern is that we will have to jump though many hoops to obtain a construction loan due to home site being in a flood zone. So far I am in talks with capital farm credit about this loan. Is it possible to get this loan? Any advice or info would be greatly appreciated.