source:
  type: regulation
  id: flood-12cfr-22.9
  authority: 12 CFR §22.9 — Notice of special flood hazards and availability of Federal
    disaster relief assistance
  description: 12 CFR §22.9 — Notice of special flood hazards and availability of
    Federal disaster relief assistance.
  coverage_tier: operative
obligations:
- id: flood-12cfr-22.9-full
  canonical_id: flood-12cfr-22.9-full
  section: 12 CFR §22.9 — Notice of special flood hazards and availability of Federal
    disaster relief assistance
  type: do
  tags:
  - regulator-direct
  - flood
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: 12 CFR §22.9 — Notice of special flood hazards and availability of
      Federal disaster relief assistance
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/22.9
    snapshot_id: 8cf065701a13107b
    fetched_at: '2026-06-17T20:22:51Z'
    content_hash: sha256:ea2d03dfde376775d5e8c3c13491cf4f5d1fdcc76e7942e209ca406e773c13de
    paragraph_quote: '§ 22.9 Notice of special flood hazards and availability of Federal
      disaster relief assistance. (a) Notice requirement. When a national bank or
      Federal savings association makes, increases, extends, or renews a loan secured
      by a building or a mobile home located or to be located in a special flood hazard
      area , the bank or savings association shall mail or deliver a written notice
      to the borrower and to the servicer in all cases whether or not flood insurance
      is available under the Act for the collateral securing the loan. (b) Contents
      of notice. The written notice must include the following information: (1) A
      warning, in a form approved by the Administrator of FEMA , that the building
      or the mobile home is or will be located in a special flood hazard area ; (2)
      A description of the flood insurance purchase requirements set forth in section
      102(b) of the Flood Disaster Protection Act of 1973 , as amended ( 42 U.S.C.
      4012a(b) ); (3) A statement, where applicable, that flood insurance coverage
      is available from private insurance companies that issue standard flood insurance
      policies on behalf of the NFIP or directly from the NFIP ; (4) A statement that
      flood insurance that provides the same level of coverage as a standard flood
      insurance policy under the NFIP also may be available from a private insurance
      company that issues policies on behalf of the company; (5) A statement that
      the borrower is encouraged to compare the flood insurance coverage, deductibles,
      exclusions, conditions, and premiums associated with flood insurance policies
      issued on behalf of the NFIP and policies issued on behalf of private insurance
      companies and that the borrower should direct inquiries regarding the availability,
      cost, and comparisons of flood insurance coverage to an insurance agent; and
      (6) A statement whether Federal disaster relief assistance may be available
      in the event of damage to the building or mobile home caused by flooding in
      a Federally declared disaster. (c) Timing of notice. The national bank or Federal
      savings association shall provide the notice required by paragraph (a) of this
      section to the borrower within a reasonable time before the completion of the
      transaction, and to the servicer as promptly as practicable after the bank or
      savings association provides notice to the borrower and in any event no later
      than the time the bank or savings association provides other similar notices
      to the servicer concerning hazard insurance and taxes. Notice to the servicer
      may be made electronically or may take the form of a copy of the notice to the
      borrower. (d) Record of receipt. The national bank or Federal savings association
      shall retain a record of the receipt of the notices by the borrower and the
      servicer for the period of time it owns the loan. (e) Alternate method of notice.
      Instead of providing the notice to the borrower required by paragraph (a) of
      this section, a national bank or Federal savings association may obtain satisfactory
      written assurance from a seller or lessor that, within a reasonable time before
      the completion of the sale or lease transaction, the seller or lessor has provided
      such notice to the purchaser or lessee. The national bank or Federal savings
      association shall retain a record of the written assurance from the seller or
      lessor for the period of time it owns the loan. (f) Use of sample form of notice.
      A national bank or Federal savings association will be considered to be in compliance
      with the requirement for notice to the borrower of this section by providing
      written notice to the borrower containing the language presented in appendix
      A to this part within a reasonable time before the completion of the transaction.
      The notice presented in appendix A to this part satisfies the borrower notice
      requirements of the Act . [ 80 FR 43240 , July 21, 2015, as amended at 80 FR
      43244 , July 21, 2015]'
  judgment: false
