Staying power and reliability have become major issues for mortgage lenders as they select vendors, particularly a flood vendor who tracks their properties for flood status changes (life of loan flood zone determinations). Equifax has teamed with ServiceLink National Flood, the leading provider of flood zone determinations, to provide the reliability, accuracy and staying power that lenders need.
Through ServiceLink, Equifax offers CertMap®—a free, exclusive product that is an aerial view of the property overlaid with the FEMA Flood Map. This product allows your team to visually identify the proximity to a flood zone. Best of all, CertMap can be provided to borrowers so they can obtain an insurance quote. With more than 20 years of time-tested flood experience, ServiceLink employs the latest technology to provide the highest automation rate in the industry—an average of nine out of 10 orders will be returned in seconds. And when your order needs to be manually completed, a special team of map specialists will determine the property's flood status and return the flood zone determination in a few hours or less.