Flood Services

Expedite your flood determination requests by utilizing the latest technology from SettlementOne. The automated system returns quality accurate reports within seconds, allowing you to spend more time closing loans and less time worrying about the details.

SettlementOne's flood services system allows the processing of multiple orders per second. By benefiting from our flood servicing partnership, you have access to one of the largest databases in the country, returning Automated Flood Determinations in seconds. For properties that must be manually determined our partners have one of the largest teams in the industry. Manual determinations are, on average, returned to clients in less than four hours.

Advantages:

Life of Loan Flood Zone Determinations
The Life of Loan service provides a direct flood hazard monitoring system for the entire term of the loan. Life of Loan service monitors all determinations for FEMA flood map revisions that can affect the insurance requirements over the duration of the loan. When a chance occurs in the flood hazard of a property, a new rating report is provided for free to the loan servicer on file.

Basic Flood Zone Determinations
The basic Flood Report provides a property's flood status and additional information about the surrounding area. These reports are viable for either a one time look at the property or can be upgraded to a Life of Loan Determination.

Other Flood Products include Flood Map Copy (Standard and Premium) and Loan Portfolio Review for Compliance.