The Flood Hazard Notice (FHN) must be provided a reasonable time before completion of the transaction. The FHN is based on the flood hazard determination, so the determination must also be obtained a reasonable time before completion of the transaction. The regulation used to contain a 10-day standard, but that was replaced with a “reasonable time before completion of the transaction” requirement years ago.
The standard Flood Hazard Determination form does not include the borrower’s naame or account number.
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