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how to get money from loss draft department after a claim

larry2's picture
larry2 | Joined: June 27, 2007 02:50 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

Hi Mick,

Welcome to the forum.

I think you should notify the loss draft department for amount of loss that occurred in your property due to some natural disaster. The check is co-payable to the lender and the borrower. It will be sent to the lender for endorsement. Then you can request the lender to give you the check.

Best of luck,
Larry

Like | Dislike | Share | Posted: Tue, 04/01/2008 - 01:52 | Post subject:

Anonymous's picture
Anonymous | Joined: June 8, 2004 01:06 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

Every mortgage company has there own Loss Draft procedure. Some are listed online. Others you will need to call and get the information. When calling, have your loan number handy.

Like | Dislike | Share | Posted: Thu, 02/26/2009 - 14:45 | Post subject:

Anonymous's picture
Anonymous | Joined: June 8, 2004 01:06 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

how do i get the money if it over 10 thousand dollar to pay some dedt too.

Like | Dislike | Share | Posted: Thu, 04/09/2009 - 09:11 | Post subject:

jenkin7's picture
jenkin7 | Joined: June 4, 2007 11:02 pm | Posts: 0 | Location: New Jersey | 00 Dollars($)

Hi rae,

Have you submitted a claim to the loss draft dept.? I think you should contact them, make them aware of your situation and submit your claim for the loss.

Like | Dislike | Share | Posted: Fri, 04/10/2009 - 22:04 | Post subject:

Anonymous's picture
Anonymous | Joined: June 8, 2004 01:06 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

In the state of texas is there set amount of time that motgage company has to return a check after work is complete and inspection is done?

Like | Dislike | Share | Posted: Thu, 07/02/2009 - 07:51 | Post subject:

Anonymous's picture
Anonymous | Joined: June 8, 2004 01:06 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

can the home owner do his own repairs?and get paid for his labor.

Like | Dislike | Share | Posted: Fri, 07/17/2009 - 22:35 | Post subject:

gmakerley's picture
gmakerley | Joined: November 9, 2007 07:36 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

jesse, can you give us just a tad bit more information...such as what in the world are you talking about?

Like | Dislike | Share | Posted: Sat, 07/18/2009 - 05:20 | Post subject:

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