Banker's Compliance Consulting Blog

Online Bankers Training - Relying on Previous Flood Determinations

Written by Jerod Moyer | Apr 14, 2021 12:17:48 PM

One question we get quite often is, “can we rely on a prior flood determination”?  In short, the answer is yes but there are three requirements you must meet.  The first is that the flood determination must be on a Special Flood Hazard Determination Form.  The second is that the flood determination is less than seven years old. 

Jerod explains the third requirement in the video.

Published
2021/04/14