4/12/2024 0 Comments Fema flood zone determination![]() We can submit the application to FEMA on your behalf should you want to utilize our services. We can initiate your LOMA or eLOMA application using the EC and a copy of the most recently filed deed. Based on the analysis of the EC we will then recommend the likelihood of the removal of the flood insurance purchase requirement if you were to pursue a Letter of Map Amendment (LOMA). Our cost for an EC is $800 (available for NJ properties only).Īfter the elevation certificate has been completed you can send it to us for analysis at no extra charge to you. If outside the state, you would need to find a local surveyor in your area. An elevation certificate can be ordered through our site if the property is located in the state of NJ. If an Elevation Certificate (EC) or Letter of Map Amendment (LOMA) are needed, our team can help.Īn elevation certificate is a site-specific survey that has to be done by a licensed land surveyor. The process of challenging a flood status to potentially remove a Special Flood Hazard Area (SFHA) designation all starts with an accurate, structure-based, official flood zone determination report. This is why it’s crucial to start the process with securing a certified, insured and structure-based MyFloodStatus flood zone determination report. In contrast, some industry-standard 1-page determinations can be, and sometimes are, erroneous or incomplete. In addition to the mapping, our expert Certified Floodplain Managers go the extra mile and check for items like pre-existing letters of map amendments, letters of map change, and revalidation letters that might already impact the flood status of a property (structure). ![]() The exact location of a habitable structure is key to defining flood insurance requirements. The requirement hinges on the location of a structure in relation to FEMA’s floodplain maps, which is why we believe superior data is crucial, and why we include detailed visual verification mapping. If the determination says YES, the lender must force-place flood insurance on the collateral securing the loan, and therefore the homeowner must carry a flood insurance policy. For all federally-backed loans, a lender is the one who is required to run a Flood Determination (aka Flood Cert) that tells them whether a structure is in an SFHA according to FEMAs Effective FIRM (Flood Insurance Rate Map). For federally-backed loans, flood insurance is required when a structure contacts a high-risk flood zone (Special Flood Hazard Area or SFHA).
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