Tag: borrower signature

When Must the Borrower Sign the Flood Determination Disclosure?

Question: We obtain Flood Determination Reports from a vendor.  Once we are notified that a property is in a flood zone, how soon should the form be signed?  Can it be signed at time of closing? Answer: Please see the reference from the FDIC below. Reference: FDIC PDF Pages 9 & 10 https://www.fdic.gov/regulations/compliance/manual/5/v-6.1.pdf Notice of […]

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