Basic Determination
Provides the subject property’s current flood zone status which determines whether the borrower is required to purchase a flood insurance policy prior to closing.
The information is presented on a Standard Flood Hazard Determination Form as required by the Federal Emergency Management Agency (FEMA).
Access to extensive databases (over 150 million properties) allows us to deliver a completed determination within seconds on most orders (90% for residential properties). Orders that require manual research are usually completed within 24 hours.
Census Tract and MSA (Metropolitan Statistical Area) data is also available for Home Mortgage Disclosure Act (HMDA) reporting.
