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#1360546 - 03/19/10 01:08 PM Flood ?
noleman Offline
100 Club
Joined: Feb 2006
Posts: 126
We have mortgage loan secured by 2 condos that require flood.
Loan amount is $360k. Would we require replacement cost on both units? Not sure on what approach to take.

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Lending Compliance
#1362043 - 03/22/10 09:07 PM Re: Flood ? noleman
Coming to Grips Offline
100 Club
Joined: Jul 2004
Posts: 166
nebraska
Take a look in the Bankers Toolbox. There's a decent condo worksheet there. It should help you decide.
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