Do I have to return an overpayment?

Do I have to return an overpayment?

Experts’ Answer: The short answer is ‘no. ‘ You do not have any rights or recourse here and you will have to pay the money back. As an overpayment, it was never legally yours in the first place. Oct 9, 2018

Why does my mortgage company have to endorse my insurance check?

The reason that this happens is because the mortgage company is part-owner in the house, and they have an interest in making sure you take care of it. If you’re married and both on the homeowner’s insurance policy, the check would include both your name and the name of your spouse. May 3, 2017

How do I get my insurance company to endorse my mortgage check?

How to get mortgage company to release insurance check? Step 1: Speak with your lender. …Step 2: Determine whether payment is made in one lump sum or installments. …Step 3: Submit the documents that are required. …Step 4: Make repair inspections available. …Step 5: To receive the final payment, request a final inspection. Aug 31, 2021

See also  What is the first step to consider when buying homeowners insurance?