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13y ago

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How do you get your mortgage company to release your insurance check Adjuster reported home is completed Mortgage company wants to send last check to a contractor?

Was this a total loss? The money should go to the contractor unless you have already paid him out of pocket then the money would go to you...re-imburse you only what it cost to rebuild home and only what you paid the contractor. The mortgage company pays the contractors directly to be sure that they are paid in full and not mechanics liens are on the property. Provide proof of paid in full acknowledged by the contractor and the company will then release the check to you.


What should you receive from lender when you pay off your mortgage?

A letter of release stating that the mortgage is paid in full.


Can a child recover money that was paid by child on mortgage?

If you paid the mortgage company directly, you may have a vested interest in the house. Your attorney would have to determine the validity of the other.


What the happens when the mortgagee never recorded deed for real estate property?

Assuming you mean that a release deed was never recorded when the mortgage was paid, you need to contact the mortgagee and insist it record a release.Assuming you mean that a release deed was never recorded when the mortgage was paid, you need to contact the mortgagee and insist it record a release.Assuming you mean that a release deed was never recorded when the mortgage was paid, you need to contact the mortgagee and insist it record a release.Assuming you mean that a release deed was never recorded when the mortgage was paid, you need to contact the mortgagee and insist it record a release.


What does a primary mortgage lender do?

The primary mortgage lender holds the first mortgage. If his mortgage is not paid, he sells the property. He gets paid. You may have a second mortgage. If the second mortgage lender is not paid, he can sell the property. If he sells the property, the primary mortgage lender gets paid first, then the secondary lender gets paid.


Why did the mortgage got discharge?

A mortgage gets discharged when it get paid off in full.A mortgage gets discharged when it get paid off in full.A mortgage gets discharged when it get paid off in full.A mortgage gets discharged when it get paid off in full.


What would the money papa made on the railroad have paid for in roll of thunder?

the money from railroad would pay for taxes and the mortgage


What can a mortgage company do if mortgage had not been paid in 4 years?

What can a mortgage company do if mortgage has not been paid in 4 years


What happens to your mortgage when you are hospitalized?

Your mortgage must be paid unless you have arranged for some type of mortgage insurance.Your mortgage must be paid unless you have arranged for some type of mortgage insurance.Your mortgage must be paid unless you have arranged for some type of mortgage insurance.Your mortgage must be paid unless you have arranged for some type of mortgage insurance.


Can someone purchase a home and then deed it to you?

Yes, if they pay cash. However, if they borrow money to purchase the property and have a mortgage, they cannot transfer their interest unless they notify the bank. The bank will likely demand the mortgage be paid before the property is transferred.Yes, if they pay cash. However, if they borrow money to purchase the property and have a mortgage, they cannot transfer their interest unless they notify the bank. The bank will likely demand the mortgage be paid before the property is transferred.Yes, if they pay cash. However, if they borrow money to purchase the property and have a mortgage, they cannot transfer their interest unless they notify the bank. The bank will likely demand the mortgage be paid before the property is transferred.Yes, if they pay cash. However, if they borrow money to purchase the property and have a mortgage, they cannot transfer their interest unless they notify the bank. The bank will likely demand the mortgage be paid before the property is transferred.


Do you know how a reverse mortgage works?

A reverse mortgage works by allowing someone to borrow against their home equity. The money does have to be paid back, though


What methods are there to shorten the length of mortgage payments?

Paying extra money to the mortgage at each payment will shorten the length. Consulting the mortgage lender for more information is important, as some apply penalties if too much extra money is paid.