$25.00
The Flood Small Lender Exemption Flowchart helps financial institutions determine if they meet the small lender exemption under the flood insurance escrow rules. The revised flood rules were generally effective as of October 1, 2015, but escrow requirements for flood insurance premiums and revisions to the Flood Hazard Notice are effective January 1, 2016.
Flowcharts provide an easy method to determine whether particular regulatory requirements apply to a specific transaction. Through a series of questions, the Flood Small Lender Exemption Flowchart will help determine if a financial institutions meets the small lender exemption under the flood insurance escrow rules.
Reviewed 09.01.2020
