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Are there other requirements as part of this loan program? - CDCLI

Are there other requirements as part of this loan program?

Yes, as part of this program, you will be required to obtain an Elevation Certificate and an environmental review—and we can help you with both!

An Elevation Certificate is a document regulated by FEMA and completed by a licensed engineer or surveyor. Data collected on the elevation certificate allows insurance companies to assess a property’s flood risk more accurately by verifying the elevation of the home and whether any effort has been made to minimize the effects of floods. Home HeadQuarters has a list of contractors and businesses that can provide an elevation certificate to help get you started. The cost of the required elevation certificate can be rolled into your loan.

An environmental review is required for your property. Your Home HeadQuarters loan officer can provide you with more information on this process and submits this review for you.

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