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Music good visual I'm not just gonna Music hi I'm Teresa first Oh with integrity roofing and painting and I wanted to share with you a little about the process of when the mortgage company is listed on your insurance check you will be required to get a mortgage company endorsement when that happens one thing to keep in mind is that you will always want to update your insurance company when you change your mortgage if you refinance or if your mortgage is sold to another company you're going to want to update that with your insurance company so that they can write the correct name on the check if you find that the chit the insurance check comes to you, and it has an old mortgage on it, you will have to return it to the insurance company and start the process again by providing them with the mortgage update documentation so that they can reissue the check this may cause some unnecessary delays for you when you're ready to start your repairs getting a mortgage company to endorse a check it's not necessarily a simple task there are a few things that they're going to require each mortgage company requires something just a little different but in general this is a list of the things that they will be looking for along with the check the same of them will require you to endorse the check before you send it and others will wait until you get it back almost always they're going to want an insurance claim summary and a copy of the contract with your contractors the conditional lien waiver should line up with the contract some conditional lien waivers that are filled out by your contractors need to be notarized other versions do not the majority of the mortgage companies do have their own version of the lien waiver there are a few generic ones that you can use if they don't have their own those are available online your contractors should be able to generate one for them often they will ask for a w-9 from your contractor when they do this they are intending to put the contractors name on the check along with yours when they return the check to you in which case they will be s growing the account and not returning the exact check to you if they're asking for a w-9 they're going to want you to endorse the back of the check before you send it we'll talk a little more about escrows s growing the account in just a few minutes often they're going to want a roofing license for the entity that in which you live, and they're going to want you the mortgagee to complete a statement of completion at the end or an intent to repair at the beginning this is another document that may or may not need to be notarized often the in the mortgage companies will require an inspection they will want to come out and make sure that the work is done they have a vested interest in your home, and they want to confirm that the repairs that were needing to take place have actually taken place they will require this before they issue the insurance check back to you if you have a local...
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