L1 Flood – WTG
Flood Zone Determination Reports From Lenders One®
Complete. High Accuracy. Insured. Competitive Pricing.
L1 Flood from Lenders One offers flood zone determinations that can protect your clients by helping them comply with the National Flood Insurance Program (NFIP).
Comprehensive reports are powered by Lenders One with data provided by Western Technologies Group (WTG). WTG specializes in nationwide Flood Zone Determination and NJ Tideland Search services, delivering superior quality data and expert consultation.
Plus, you’ll receive L1 Member exclusive pricing with L1 Flood. You’ll benefit from the collective scale of Lenders One and save your organization as much as tens of thousands of dollars annually.
How It Works
Order an L1 Flood Determinations report at the start of a transaction to help you and your clients save time, money, and frustration. L1 Flood follows a 5-Step Process, with data from WTG, to provide your reports.
Step 1: Beyond Geocoding
We employ parcel based information, delivering great accuracy on property location than our competitors.
Step 2: Attribute Verification
We proceed with certainty that we’re performing a determination on the correct property.
Step 3: Structure-Based Determination
Where does the structure sit in relation to the Special Flood Hazard Area? We’ll show you.
Step 4: Preliminary Map Search
Is there a new or proposed Preliminary FEMA map that will impact the flood status of this property, either positively or negatively? We’ll provide it.
Step 5: Quality Check and Confirmation
We perform a quality control check and confirm all official Flood Determination results.
What Makes L1 Flood Determinations Better?
Special Flood Hazard Determination Form
A highly accurate Special Flood Hazard Determination Form (SFHDF) with NO disclaimers, insured up to $3M per report for the life of the loan.
Pending and Preliminary Maps
Pending and preliminary maps from FEMA, giving you a look at any potential future changes to your flood determination.
Flood Insurance Rate Map
A Flood Insurance Rate Map (FIRM) showing the location of habitable structures, property boundary and flood zones, calling out special flood areas, with visual verification to support the SFHDF.
Expert Flood Determinations
Today, you need more than a basic flood determination report. L1 Flood Determinations deliver high accuracy and insured protection, offering you greater confidence on the subject property’s flood insurance requirements.
L1 Member Exclusive Pricing
Benefit from the collective scale of Lenders One and save your organization as much as tens of thousands of dollars annually.
Outstanding Support and Guidance
L1 Flood has access to an expert team of Certified Floodplain Managers and GIS specialists to explain report features, answer questions and help you explore potential opportunities to confirm and/or challenge a FEMA flood zone status.
Seamless LOS Integration
Seamless integration with major loan origination system (LOS) platforms.
Broad Investor Acceptance
L1 Flood is accepted by all major mortgage investors.