Originating & Underwriting
Flood Insurance Coverage Calculator
Tool for lenders
This calculator tool is designed to assist lenders in determining the minimum flood insurance coverage required by Fannie Mae. The tool can be used for 1- to 4-unit properties, PUDs, detached condominiums, attached condominiums, and co-ops. Refer to the Selling Guide and other resources for complete requirements and more information.
Flood Insurance Coverage Calculator
Acronyms
HOA | Homeowners association |
NFIP | National Flood Insurance Program |
RCBAP | Residential Condominium Building Association Policy |
SFHA | Special Flood Hazard Area |
UPB | Unpaid principal balance |