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Flood Determination FAQ
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| Flood Determination Overview | ||
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A flood determination is made by examining FEMA records and maps to determine whether or not a building or mobile home is located in a Special Flood Hazard Area. The determination also specifies whether or not Federal Flood Insurance is available for that particular structure, and includes the number and date of the FEMA map used. |
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| What cfacts offers: | ||
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Life of Loan Flood Report | |
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An examination of FEMA records is made to determine the subject property's need for flood hazard insurance. Any changes in the flood zone status are monitored throughout the life of the loan and the lender is notified of the change. |
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Basic Flood Report | |
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A one-time determination that identifies the flood zone in which a property is located, and determines if that property requires flood hazard insurance. |
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