For insurance questions, you can reach our Insurance department at 866⁠-825⁠-9267 or our Loss Draft department at 866⁠-825⁠-9302. Visit our help center articles for more insurance policy changes and insurance claim check process.

If there are any changes to your insurance policy or carrier, please let us know as soon as possible by sending us the Declarations Page. Visit www.mycoverageinfo.com/mrcooper and follow the simple instructions to upload your Declarations Page.

How much insurance do I need? Depending on the type of insurance, you will need enough to cover the lower of either the replacement cost of the property or the remaining principal balance on your loan.

When a disaster strikes your home, your insurance company may issue an insurance claim check, which can also be called loss draft funds. A claim check is meant to cover various costs, including repairs.

You’ll need to notify your insurance company that your loan was transferred to us and that they’ll receive payments from us now. Give them your new loan number and have them update the mortgagee clause on your account to:

Mortgage insurance protects the investor or noteholder if the borrower defaults on the loan. It lowers the investor’s risk when funding a home loan. In most cases, if you pay at least 20% down on your home, you’re not required to carry mortgage insurance.

For insurance questions, you can reach our Insurance department at 866⁠-825⁠-9267 or our Loss Draft department at 866⁠-825⁠-9302. Visit our help center articles for more insurance policy changes and insurance claim check process.

Learn how to file an insurance claim, apply for mortgage assistance, and register for disaster assistance after a disas... For insurance questions, you can reach our Insurance department at 866⁠-825⁠-9267 or our Loss Draft department at 866⁠-825⁠-9302.

If you’re escrowed, your escrow balance will automatically transfer to us, and we’ll begin making tax and insurance payments for you. Note: You’ll need to notify your insurance company about the transfer and update the Mortgagee Clause on your policy— here’s how .

If your loan was transferred to MrCooper, you need to notify your insurance company and update your mortgagee clause. Learn how to do it and what to do with optional insurance products.