What does the mortgage company need in order to endorse a property claim check?

What does the mortgage company need in order to endorse a property claim check?

Minimally, the mortgage company will need a copy of the insurance adjuster’s repair estimate or settlement statement to confirm the required restoration. Additional documents requested may include, but aren’t limited to; contractor’s agreement, contractor’s waiver of lien, borrower’s affidavit certifying the repairs, and contractor draw schedules depending on claim size and investor requirements.​