Does Capitol Federal require flood insurance on properties?
Federal law requires all lenders to investigate whether a home they finance is in a special flood hazard area as defined by the Federal Emergency Management Agency (FEMA). Capitol Federal Savings Bank uses a third party company that specializes in reviewing of flood maps prepared by FEMA to determine if a home is located in a flood area. If it is, then flood insurance coverage will be required, since standard homeowner’s insurance doesn’t protect you against damages from flooding.