What is a LOMA?
A LOMA (Letter of Map Amendment) is a document produced by FEMA that verifies or amends the flood status of a structure. FEMA is the only government organization that has the authority to issue a LOMA.
Why/How does it work?
In order to determine if a LOMA will be issued, FEMA compares structural elevations to the Base Flood Elevation (BFE) of the structure. If the structural elevations are above the BFE, the structure can be effectively removed from the Special Flood Hazard Area (SFHA) and from the mandatory purchase requirement for flood insurance. Thus, a successful LOMA officially changes the flood status of a structure.
What is required to obtain a LOMA?
The most important document required for a LOMA would be an Elevation Certificate. Produced by a licensed land surveyor, the Elevation Certificate will provide the necessary structural elevations needed for the LOMA. The other two pieces of required documentation are a signed, stamped copy of the deed (by county clerk) and a subdivision or tax map.
How can WTG help?
We pride ourselves on being able to help homeowners/buyers navigate the ins and outs of this entire process. Before pursuing a LOMA, it’s best to confirm your true flood status with a WTG Flood Determination. If we determine that the structure is not within the SFHA, no further action is required. Our report can, quite literally, be taken to the bank.
Should WTG determine that your structure is in fact affected, the next step in the process would be to order an Elevation Certificate (EC) from WTG. Once produced, our team of Certified Floodplain Managers will review the EC and determine the likelihood of a successful LOMA.
Should we determine the likelihood is good, the LOMA application can be ordered from our site as well. Once placed, our staff will immediately begin drafting the application and get it over to FEMA. Once issued by FEMA, the structure will be outside the SFHA and flood insurance will no longer be required!
Call 855-653.5663 or navigate to www.myfloodstatus.com to find out more about how we can help you today!