When does a lender decide if flood insurance is requiredWe are making an offer for a property. Per FEMA map (from what I understand) , the property is in flood plain. However, the seller (builder) says it does not require a flood insurance. They also showed me a note from some lender confirming it.We are planning to put an offer contingent to no flood insurance required. Question is, when during the mortgage process does the lender decide/check if flood insurance is required ? Is there any way for us to check ?June 15 2014 - US00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.