![Can mortgage lenders hold your insurance money hostage?](https://uphelp.org/wp-content/themes/uphelp-theme/library/dist/img/blank-post.png)
![Can mortgage lenders hold your insurance money hostage?](https://uphelp.org/wp-content/themes/uphelp-theme/library/dist/img/blank-post.png)
If your home has been seriously damaged or destroyed, your insurance company will release a check made out to both you and your mortgage lender to pay for the necessary repairs. “Lenders have a substantial investment in the property, sometimes more than the homeowner, especially…