NFE was successful in qualifying 17 of 21 multifamily buildings in Mobile, AL for removal from the SFHA, resulting in nearly $50K NOI increase for the property owners.
Case Study
Multifamily
17 of 21 Buildings Removed from SFHA
Mobile, AL
$50K+ in total savings
LOMA
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Flood Insurance Mandates Removed
NH Homeowner Relieved of Rising Flood Insurance Costs - Bedford, NH
A homeowner in Bedford, NH, faced skyrocketing flood insurance premiums, nearly doubling their mortgage payments. They sought relief and their insurance agent recommended NFE as a trusted partner. NFE conducted a complimentary engineering review, qualifying the property for a LOMA. NFE assisted throughout the FEMA submission process, addressing RFIs and ensuring smooth progress. The homeowner obtained a LOMA, eliminating the need for flood insurance, improving property value and marketability.
$500K+ in Added Property Value
11 of 15 Buildings Removed from Flood Zone - Lakewood, WA
Discover how a multifamily property in Lakewood, WA increased its property value by over $500,000 by eliminating expensive flood insurance premiums with the help of National Flood Experts.
5 Bldgs. Reclassified from SFHA
Utah Property Successfully Reclassified to X Zone - Hurricane, UT
Explore how a Hurricane, UT, property (Duplex, 3 Sheds, 1 Storage structure, and the land!) were reclassified to an X-zone, removing lender mandates for flood insurance and increasing property value significantly.