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#2210678 - 04/09/19 04:44 PM Flood insurance requirement
I luv Giraffes Offline
Member
Joined: Sep 2008
Posts: 73
$2MM Commercial loan - 2 buildings 4 plex residential (1 to 4) in each building (8 units); 1 owner - both buildings are in a flood zone.

Is the flood insurance calculated by building or by unit?

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Flood Compliance
#2210690 - 04/09/19 06:25 PM Re: Flood insurance requirement I luv Giraffes
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,393
Galveston, TX
By building. By unit is only with condos.
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#2210691 - 04/09/19 06:25 PM Re: Flood insurance requirement I luv Giraffes
I luv Giraffes Offline
Member
Joined: Sep 2008
Posts: 73
Thanks Randy

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