LOMA
A water management company worked with the team at NFE to secure a LOMA for their Helena, MT property. Clients have many reasons for seeking out NFE’s services, from lifting lender-mandated flood insurance via a letter of map amendment or reducing flood insurance policy premiums via insurance consulting; we are happy to help reduce expenses, boost NOI, and increase property value in whatever way we can!
In total, NFE solutions resulted in $550,000 in added property value (assuming a 6% CAP Rate) and a $33,000 boost in NOI for a multifamily property on Bissonnet St in Houston, TX.
Discover how a multifamily property in Salem, NJ, achieved a $7.5K NOI boost. With expert guidance from NFE, the property's three buildings were removed from the Special Flood Hazard Area (SFHA), resulting in significant annual premium savings and increased property value.
Discover how National Flood Experts resolved a flood zone impact for a multifamily property in Thomasville, GA, in only 5 Days. NFE's swift solution eliminated lender mandates for NFIP and excess flood insurance, providing immediate relief from high insurance costs. The result? Over $11,000 in annual flood insurance savings and $187,000+ in added property value.