The following instructions (see link below) are provided to assist homeowners in filing a LOMA-OAS with FEMA. It is important to note that FEMA will make the final determination on whether or not to approve the LOMA-OAS. The issuance of a LOMA-OAS eliminates the federal flood insurance purchase REQUIREMENT as a condition of obtaining federal or federally backed financing. However, the mortgage lender retains the prerogative to require flood insurance as a condition of providing financing, regardless of the location of the structure. The property owner also needs to be reminded that there is still a risk of the property’s being flooded; it has been just reduced, NOT REMOVED.
After reading the instructions, should you need further assistance or have additional questions, please contact the Community Development Department at 316-755-7310.