Skip to content

Life of Loan Flood Certificate Older than 7 Years

Answered by: 

Can a bank rely on a life of loan flood certificate that's older than 7-years when it is refinancing a loan?

No. You can only use an existing FHD for seven years and only after verifying that the map has not been updated.

First published on 08/09/2020

Filed under: 
Filed under lending as: 

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics