What Do I Do In the Meantime?

Buy the flood insurance!  If you want to close without waiting 6-8 weeks for a LOMA or LOMR-F to be issued, buy the flood insurance and proceed with the closing.  If the lender approves, when the LOMA or LOMR-F is issued, the flood insurance may be canceled and the current year's premium will be refunded unless a claim has been paid or pending.

Show All Answers

1. Why Won't My Lender Take My Surveyor's Word?
2. Why Is The Flood Map Wrong?
3. What Is FEMA Going To Do About It?
4. How Do I Obtain a LOMA or LOMR-F?
5. How Much Does It Cost?
6. Who Can Apply?
7. How Long Does It Take?
8. What Do I Do In the Meantime?
9. How Can I Get My Flood Insurance Premium Refunded?
10. OK. How Do I Apply for a LOMA or LOMR-F?
11. Where do I Send the LOMA or LOMR-F Application?
12. What If There is No Flood Elevation On the Flood Map?