Sure, spring is a time of warming temps and blooming flowers, but it also brings the threat of floods. In fact, according to NOAA’s new outlook, moderate to major flooding is possible across the Mississippi River Basin and in California during the next several months. In addition, large sections of the Ohio and Tennessee valleys, the lower Mississippi Valley and Southeast coast could see minor flooding this spring. Did you know the annual cost of flooding in the United States now exceeds $17 billion?
When you protect your assets with Xactus’ advanced, cloud-based flood zone determination systems, you can save time, money, and worry. Our state-of-the-art Flood ReportsX use parcel data and building footprints to deliver automation rates of over 90% without sacrificing accuracy. And when manual assessments are needed, our expert mapping team gets the job done in record time. With an average turnaround of just two hours, we outshine competitors who often take more than 24 hours to complete manual determinations.
Flood ReportsX go beyond Basic and Life of Loan flood zone determinations. We offer a wide range of flood risk-related services including:
- LOMA processing
- Elevation certificates
- Replacement Cost Value estimates
- Private flood insurance policy reviews
- Flood risk data and scoring
With our flood solutions, you’ll enjoy peace of mind knowing you are FDPA compliant, and your assets are protected by the most advanced flood risk systems on the market. They’re just another way Xactus is advancing the modern mortgage.
If you want to make more informed flood risk decisions, email [email protected] or contact your strategic account manager to schedule a demo. Or click here to learn more.