5

Mar

How can I get mortgage company to endorse insurance check before work is done?

Posted by admin  Published in Insurance
mortgage
Susan D asked:


I have a check from my insurance company for hurricane damage. My mortgage company will not endorse the check until the work is done. I need the money to get the work done. How can I get the mortgage company to endorse the check ?

3 comments

25

Jul

Can a Mortgage Company hold your insurance check for the repair of your building?

Posted by admin  Published in Insurance
mortgage
Charles C asked:


My building suffered damage with a hail storm. The insurance company sent me a check made out to the mortgage company and to me. Now the Mortgage company is holding the funds and I can’t finish the repairs needed. My mortgage payments are up to date.
The repairs are done, the Mortgage company inspected the repairs and they are holding the depreciation check. Would anyone know why?

2 comments