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#2269945 - 05/02/22 08:11 PM Address Discrepancy on Flood documents
nicoler3 Offline
New Poster
Joined: Mar 2012
Posts: 5
We have a loan, and the property address on the FZD form is slightly different from the address listed on the insurance policy (one has an actual road name and the other is Route #). Our system matches the FZD form, Does this make a difference or could we be cited by an examiner as a mismatch in documentation?

2nd Question, If there is a property that is not in a flood zone at the time of origination but later we receive notice that the maps have changed and the property is now in a flood zone, should we be providing the "Notice of Special Flood Hazards and Availability of Flood Disaster Assistance" disclosure at the time of discovery or is sending the customer the SFHDF sufficient?

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Flood Compliance
#2269947 - 05/02/22 08:25 PM Re: Address Discrepancy on Flood documents nicoler3
rlcarey Offline
10K Club
Joined: Jul 2001
Posts: 79,898
Galveston, TX
1. It is either the same property or it is not. That is the question you have to answer.

2. Yes - you need to provide the disclosure. A SFHDF never has to be provided to a borrower.
The opinions expressed here should not be construed to be those of my employer:

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