Earl R. Whaley & Company’s Lender-Placed Flood program is designed to adapt to the ever-changing regulatory environment impacting lending institutions today. Mortgage loans secured with structures determined to be in a special flood hazard area (SFHA) are subject to increased scrutiny and may result in additional risk to the lender. Our Lender-Placed Flood program ensures our clients are kept apprised of potential risks within their mortgage portfolio.
Underwritten by leading insurers, our tailored program may include automatic coverage, eliminating possible losses during the mandatory notification period. Utilizing our proprietary tracking systems, our lending partners have online access to monitor loans and the ability to control notifications to the borrower.
When you partner with our flood determination subsidiary, CenterPoint Flood Services, properties in a SFHA are automatically reported to our insurance service center to begin tracking. This partnership provides a streamlined process, allowing the lender to be confident in knowing their portfolio is adequately insured. Contact us today to learn how our expert flood professionals and insurance program will benefit your lending institution and borrower.
- Customizable options
- Automatic Coverage available
- Non-Participating Community Coverage
- Condominium Unit Coverage available
- Coastal Coverage
- Highly trained staff with years of experience
- Integrates with CenterPoint Flood Services