Elevation Certificate

Posted By: Patricia

Elevation Certificate - 11/01/13 05:14 PM

The bank is making a construction loan on a home to built on an 83 acre tract. A flood determination was obtained and states property in Flood Zone. Borrower says the home will be built on the part of the property that is not in a flood zone. So how do we document this?
Posted By: rlcarey

Re: Elevation Certificate - 11/01/13 05:21 PM

Survey, aerial photos, etc. There are a number of ways to do it. Did your FHD company indicate that the property was only partially in the SFHA?
Posted By: TMatt87

Re: Elevation Certificate - 11/01/13 05:24 PM

Have your determination provider manually map the location of the house. They can usually provide a very detailed map of the property.
Posted By: Patricia

Re: Elevation Certificate - 11/01/13 05:50 PM

Thank you.