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#1867614 - 11/01/13 05:14 PM Elevation Certificate
Patricia Offline
Gold Star
Joined: Mar 2011
Posts: 327
Kansas
The bank is making a construction loan on a home to built on an 83 acre tract. A flood determination was obtained and states property in Flood Zone. Borrower says the home will be built on the part of the property that is not in a flood zone. So how do we document this?

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Flood Compliance
#1867618 - 11/01/13 05:21 PM Re: Elevation Certificate Patricia
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 77,568
Galveston, TX
Survey, aerial photos, etc. There are a number of ways to do it. Did your FHD company indicate that the property was only partially in the SFHA?
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#1867620 - 11/01/13 05:24 PM Re: Elevation Certificate Patricia
TMatt87 Offline
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TMatt87
Joined: May 2011
Posts: 1,910
Idaho
Have your determination provider manually map the location of the house. They can usually provide a very detailed map of the property.
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All opinions are my own, not my employer's

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#1867639 - 11/01/13 05:50 PM Re: Elevation Certificate Patricia
Patricia Offline
Gold Star
Joined: Mar 2011
Posts: 327
Kansas
Thank you.

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