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Re: Flood Insurance – timing of proof of insurance

#2998
Anonymous
Guest

I agree with JGo9 on this. In the NFIP’s Mandatory Purchase fo Flood Guidelines, it states on page 5; paragraph d, Insurance Required at Closing it states: A designated loan must have flood insurance as a condition of closing. Also: Closing a loan without the insuance is a violation. We know that the loan is closed when they sign the doc’s.