On a construction to perm loan, we typically begin escrowing once flood insurance is available to purchase (foundation/wall/roof), which generally occurs during the construction period, prior to the permanent phase. Are there other banks that follow a different practice? Thank you,

Well considering if the policy is issued after the date the loan is closed, the policy is subject to a 30 day wait, which means you have to wait another 30 days prior to advancing additional funds, most lenders require the flood insurance to be purchase prior to loan closing.

Thanks rlcarey,