Life-of-Loan Flood Tracking
Get life-of-loan or basic flood zone determinations in 30 seconds from a lender's choice of five vendors. This includes details of whether the property is in a flood zone as well as when the determination was made. Lenders will also see whether the National Flood Insurance Program is required or available in that area, and if so, if the regular program or the emergency program is available. The report further discloses whether the property is in a Special Flood Hazard Area.
The flood zone certificate will be attached to lender's completed report.
Client | Since switching to the FirstClose Report in Q4 2015, we have enjoyed significant cost savings, and our turn-times have been reduced dramatically.Carolyn Middleton, SVP Director of Consumer Bank Credit Approval and Fulfillment at Umpqua Bank