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#2218563 - 07/26/19 06:48 PM Prive flood policy and Condo
mmason Offline
Gold Star
Joined: Nov 2001
Posts: 447
New England
Do we need to do the full validation of a private flood policy when the policy is for a condo and our customer owns one of the units? Our challenge right now is that the insurance company won't send us any information because the policy is not in the name of our customer.

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Flood Compliance
#2218564 - 07/26/19 07:06 PM Re: Prive flood policy and Condo mmason
rlcarey Offline
10K Club
Joined: Jul 2001
Posts: 78,597
Galveston, TX
Yes - the borrower needs to get with the condo association and get a copy of the policy. The agent can't just give other people's policies to third parties.
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