top of page
Search
  • Insurance News Updates

FHA To accept Private Flood Effective 12/21/2022

Acceptance of Private Flood Insurance for FHA-Insured Mortgages




Acceptance of Private Flood Insurance for FHA-Insured Mortgages

This Mortgagee Letter (ML) updates FHA’s mandatory Flood Insurance purchase requirement to allow for acceptance of Private Flood Insurance policies that meet FHA’s requirements in lieu of a National Flood Insurance Program (NFIP) policy.

The provisions of this Mortgagee Letter are effective on December 21, 2022.

All updates will be incorporated into a forthcoming update of the HUD Handbook 4000.1, FHA Single Family Housing Policy Handbook (Handbook 4000.1).


Get More Information online






12 views0 comments

Recent Posts

See All

Comments


Commenting has been turned off.
bottom of page