Storm Damage > Insurance Process > Construction Process > Financial Process > FAQs
Storm damage financial process
Let us take the financial process off your hands. Because we know exactly what the mortgage companies need, we can expedite the process and begin the job sooner than if you do it yourself. You’ll be kept fully informed and in control of the money.
Option 1: If Auben works with your mortgage company, we do all the paperwork, the checks come to you and we can get started within 1–5 days.
Once you receive the first check from your insurance company, we’ll send it to your mortgage company.
Your mortgage company will then release a series of up to three checks at the start, mid-point and end of the project.
You’ll receive the second check from your insurance company and we’ll send it to your mortgage company. After their inspector confirms the work was done, they’ll return the check, and you pay Auben.
Option 2: If you work with your mortgage company, you do all the paperwork. The process takes longer, so we aren’t able to start the job for 2–3 weeks, instead of 1–5 days if we handle it. Even minor paperwork mistakes can cause additional major delays.
Once you receive the first check from your insurance company, you send it to your mortgage company.
Your mortgage company will then release a series of up to three checks at the start, mid-point and end of the project.
You receive the second check from your insurance company and send it to your mortgage company. After their inspector confirms the work was done, they’ll return the check to you, and you pay Auben.