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#1780752 - 01/29/13 05:18 PM Non participating community to Emergency Program
parr04 Offline
Gold Star
Joined: Aug 2004
Posts: 394
oklahoma
We were about to extend a loan secured by improved property located in a flood zone but in a Non-Participating Community.

Looks as if the community entered the Emergency Program on January 13,2013.

Is flood insurance available and required if the property is located in a community enrolled in the Emergency Program?

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Flood Compliance
#1780841 - 01/29/13 06:52 PM Re: Non participating community to Emergency Program parr04
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,360
Galveston, TX
Yes - if they are in the emergency program, flood insurance is available in reduced amounts and the loan requires insurance.
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