Effective April 15, 2023, all Lenders must use one of these approved flood zone determination vendors for first mortgage loans delivered to NJHMFA for purchase, regardless of the loan reservation date. Loans submitted for purchase that have flood zone determinations completed by unapproved vendors may no longer be eligible for purchase.
This change will have a very limited impact on our lenders, as only 1% of loans delivered to NJHMFA over the prior 6 months included a flood determination from a vendor other than Corelogic, Servicelink, or CBC Innovis.
If a short-term solution is needed until full compliance can be implemented, please contact Single Family Lenders (SFLenders@njhmfa.gov) immediately to discuss procedures and associated costs.