Flagstar Bank Loss Draft General Information
- Phone:Flagstar Bank loss draft phone numbers
- Fax:Flagstar Bank loss draft fax numbers
- Regular Mail:Flagstar Bank loss draft mailing address
- Overnight Mail:Flagstar Bank loss draft overnight mailing address
- Monitor Amount:Flagstar Bank loss draft monitored amount
- Email Address:Flagstar Bank loss draft email address
- Web Address:Flagstar Bank loss draft web address
Required Documents for Flagstar Bank Endorsement
Total Claim Under $20,000 - $40,000 dependant on customer's status
Total Claim Over $20,000 - $40,000 dependant on customer's status
Tips & Techniques for Flagstar Bank Insurance Claims Department
Flagstar Bank - updated 4-2020. Remember that the monitored amount will always depend on the customer's status. For claims under $20,000 you will not need a final inspection, only the Adjuster's Worksheet and the claim check. For claims ranging from $20,000 - $40,000 it will depend on the specific loss, but you will likely need your Adjuster's Worksheet, the claim check and an inspection. For claims over $40,000 you will need all of the required forms listed here.
Flagstar Bank is easily one of the most difficult mortgage companies to get a monitored endorsement from. That is not to say they are the most difficult to deal with, they just are just very rigid in their standards. Always call and speak to their Loss Draft department before beginning your journey to get your check's endorsed.
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