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#2171546 - 04/03/18 04:29 PM escrow for voluntary flood
liventhedream Offline
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Joined: Mar 2006
Posts: 193
Are banks required to escrow for flood insurance that is purchased by the customer on a volunteer bases?

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Flood Compliance
#2171547 - 04/03/18 04:32 PM Re: escrow for voluntary flood liventhedream
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 83,363
Galveston, TX
You mean their property is not in a SFHA and thus you are not making it a requirement of the loan? The answer to that is no.
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