Rich Scozzari joined Credit Lenders in 2007 as the Corporate Controller, and within a few years advanced to the position of Chief Financial Officer. Prior to joining Credit Lenders, Rich forged a career of more than 20 years’ experience working in various industries, including State Government, Landscaping, Construction, Transportation, Plastics, Warehousing, Insurance and Annuities, Horticultural & Agricultural and Petroleum Products. At Credit Lenders, Rich oversees the Accounting, Finance, Insurance and Human Resource functions, while also managing corporate cash flows and financial statements. He also ensures the company is compliant with regulatory governance in the areas of Finance, Taxation and Insurance. Rich holds a Bachelor of Science in Business Administration - Accounting and Finance from Rider University.
Federal flood insurance regulations require that lenders evaluate any property used to secure a loan to determine whether or not flood insurance is necessary. This protects both the borrower and the lender. We use an automated system which produces instant status certifications on 90% of all work ordered, as well as tax maps, FEMA flood maps, municipal maps, topical maps, aerial maps, etc. Not only does CLSA offer affordable Flood Hazard status determinations, we can also monitor the flood hazard status on a property for as long as the loan is in force.