Post Series: Hurricane Resources

Palm trees blowing in the wind

Harvey, Irma, José, Katia … whatever the name, hurricane season is in full force. The reality is, there are still a couple of months before the season ends, but if you’re a Quicken Loans client who’s been affected by these storms, know that Quicken Loans is committed to helping you move forward.

Our team of Home Loan Experts is prepared to walk you through the steps you’ll need to take to give yourself peace of mind about your mortgage.

Below are some steps you can take after the storm so that you can make sure you have the resources you need.

Quicken Loans Clients: Important Things to Know About Your Mortgage

  • Quicken Loans won’t be charging any late fees for those affected by the hurricanes.
  • Credit reporting has been paused for those in the affected areas, so your credit score and report won’t be affected.
  • If the effects of the storm make it difficult for you to make your payment, we have options available that won’t require you to make any payments for an initial period of three months. Please reach out to us at (800) 508-0944, option 8.
  • If your home is damaged, the process will be smoother if you contact your insurance provider first. If you’re unsure of who your provider is, you can find out by signing in to MyQL.

This list of additional resources may also be helpful.

Temporary Shelter and Assistance

One of your primary concerns may be where to sleep and find some assistance with basic needs in the wake of the storm. The local chapters of the American Red Cross are providing help in the form of:

  • Evacuation shelters
  • Water, food and other relief items
  • First aid and other medical care
  • Plans to help with the recovery after the storm

For more information, you can call (800) 733-2767 or find your local Red Cross chapter online.

Emergency Response Centers

If state or federal officials have declared a disaster in your area, local offices should be set up to help with the response to the storm. They can give you information on any disaster-related assistance that may be available in your area. In many cases, these offices can even help with finding grants for the rebuilding process.

The Federal Emergency Management Agency (FEMA) has a list of local emergency offices in declared disaster areas that you can register with. You can also contact FEMA directly at (800) 621-3362.

The Rebuilding Process

Once the storm is over and you’re looking to put everything back together, there are a lot of resources out there to help you with the rebuilding process. One option we’ll go over is backed by the government. Then we’ll touch on the basics of submitting a homeowners insurance claim.

SBA Disaster Loans

The U.S. Small Business Administration (SBA) provides loans for disaster recovery to businesses of any size as well as private nonprofits, homeowners and renters. These loans cover the following:

  • Real estate
  • Personal property
  • Machinery and equipment
  • Inventory and business assets

You can apply for these loans if you’re in an SBA-declared disaster area.

Making a Homeowners Insurance Claim

Another avenue to repair or replace damaged items and fund reconstruction after the storm is to submit a homeowners insurance claim. There are a few things you should be aware of at this point.

You need to determine whether your homeowners insurance policy covers flood damage, as many don’t. The easiest way to get this information is to call your insurance carrier directly.

In the event you’re not covered, you should take a look at applying for one of the disaster relief grants or loans mentioned above. Otherwise, you can proceed with making a claim by following your insurance company’s guidelines.

Keep a record of your losses and take photos if at all possible. Be very thorough.

If you currently have a mortgage, your lender needs to sign off on claims above a certain dollar amount because Fannie Mae, Freddie Mac, the FHA and other major mortgage investors need to make sure the property is restored to a condition that’s as good as or better than when you bought it.

The claims process will go smoother if you contact your insurance company first. After that, you can go ahead and contact your mortgage lender. They’ll work with you during the claims process to make sure everything happens as it should.

Quicken Loans clients can contact our insurance claims team at (866) 947-8425. We’ll work with you to get you back in your home as soon as possible. Our hours have been extended to help clients who have been impacted in disaster areas. If you leave a message, we’ll get back to you within 24 hours.

For more information on homeowners insurance, check out this post on filing a claim.

Mortgage Payment Assistance

If you’re able to make your mortgage payment, we recommend doing so, but these storms often leave people in a difficult situation, particularly if you’ve been displaced. If you anticipate having trouble making your mortgage payment in the upcoming month, reach out to your lender or servicer as soon as possible.

Quicken Loans clients can contact us by calling (800) 508-0944, option 8. We’re committed to working with you, and we have options available for those in the affected areas.

Our thoughts are with you during this difficult time. Leave your questions in the comments below. We’ll do everything we can to help you directly or get you to the right place.

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This Post Has 98 Comments

  1. I need help but im behind on house payments due to car accident Not sure if i have any insurance on home Asking for help from FEMA but havent paid. Thank you Cheryl McCarthy ************

    1. Hi Cheryl:

      I’m going to remove your phone number to protect your privacy and have someone reach out soon. Thank you for reaching out and I hope you and your family are safe.

      Thanks,
      Kevin

    1. Hi Rickey:

      Thanks for reaching out! I’m going to get this over to our Client Relations team so we can have someone contact you as soon as possible. We look forward to helping you get back on your feet in any way we can.

      Thanks,
      Kevin Graham

  2. Good afternoon,

    If you are unable to pay the lump sum to catch up at the end of the three months and you have to go the route of a loan modification are there any fees/closing costs associated with doing so?

    1. Hi Joanna:

      I’m going to have someone reach out shortly to go over exactly how this works, but I can tell you we’re doing everything we can for our clients to make sure they all end up in the best possible situation coming out of this. I’m glad you’re OK. Someone will be reaching out shortly to help and go over this in more detail.

      Thanks,
      Kevin Graham

    2. Thank you for asking this question. I feel like all the answers we are receiving are very ambiguous. That’s scary when you honestly want to make sound financial decisions for your family.

      1. Hi Channing:

        I certainly understand your frustration. This must be a very stressful time for you and your family. It’s for that reason that I want to make sure you’re always getting the right information. We have a team that goes over options for clients in the wake of all kinds of natural disasters. They know more than I do about the options available and I’m going to make sure they reach out.

        Thanks,
        Kevin Graham

  3. Looking for some relief from Irma impact, is it possible to delay mortgage payment for a couple months, pay on the back side without a penalty?

    1. Hi Steve:

      The major mortgage investors that invest in our loans including Fannie Mae, Freddie Mac, FHA and VA are offering forbearances. These are different than deferments, but it should help provide relief and then we’re working with our clients to get them in the best possible situation. I’m going to have someone reach out to you as soon as possible regarding the options you have. I’m glad you’re OK and we look forward to assisting you!

      Thanks,
      Kevin Graham

  4. WE NEED SOME KIND OF FINANCE MAYBE SKIPING A PAYMENT FOR THE FOOD AND WATER AND THE FREEZER OF FOOD,THE FENCE WAS DAMAGE AND ALL THE DEBRIS
    CAN YOU HELP. ***************

    1. Hi Kenneth:

      I’m going to temporarily hide your post until I can remove your phone number, but before I do that, I’m going to get your information over to our Client Relations team and someone will be able to reach out about your options shortly. Glad you’re OK!

      Thanks,
      Kevin Graham

  5. Hello. I have been told about a 3 month forbearance of mortgage payments for people affected by hurricane Irma. I closed on my loan the Friday before the storm hit so I’m not sure how this works. Could someone reach out to me with options please
    Thank you,
    Clinton Thomas

    1. Hi Clinton:

      I’m going to make sure we have someone reach out to you shortly to go over your options. Glad to hear you’re OK!

      Thanks,
      Kevin Graham

  6. i was out of work for a while and car got damaged, lost a lot of food also. But is their any type of extra intrest or penalties or anything like that associated with payment assistance?

    1. Hi Damien:

      I’m going to have someone reach out they can explain this in more detail than I can. I can tell you that any payment assistance/modifications being offered are non-credit impacting. We’re also working with our clients to make sure they get in the best financial situation possible following this. Someone will reach out soon, but I’m glad to hear you’re OK.

      Thanks,
      Kevin Graham

    1. Hi Laterica:

      I absolutely understand. We’re working to help all the hurricane victims. However, if you need a temporary place to stay I would really take a look at FEMA or the Red Cross. They’ll be able to work with you on that one. I’m going to have someone reach out to see if you need payment assistance. If you’re outside the hurricane zone, one of our Home Loan Experts would be happy to go over your loan options at (888) 980-6716.

      Thanks,
      Kevin Graham

  7. please have someone call me about the hurricane relief on one month’s payment ,fuel , food, water, and hurricane supplies really hurt us this month. I would like to talk to someone about deferring one payment as to catch up it would be a blessing, please call

    1. Hi Daniel:

      Thanks for getting in touch! I’m going to have someone reach out shortly about noncredit impacting options for you. Have a great day!

      Thanks,
      Kevin Graham

  8. My home in Bonita Springs, Florida suffered some damage from Hurricane Irma, our deductible is much more than the expense of the damage. Does Quicken offer a way to “skip” one month of payments without affecting my good credit rating? We have been with Quicken for many years.

    1. Hi Debbie:

      All of the options being offered at this point are non-credit impacting. I’m going to have someone reach out to you to go over options and give more detail than I can here. They’ll reach out in the morning. Thanks for getting in contact.

      Thanks,
      Kevin Graham

  9. Kevin reached out to us immediately and was able and willing to help us deal with our financial crunch due to Irma. Helpful, courteous and efficient. We are so grateful to Quicken for working with us during this time of difficulty.

    1. Hi Paul:

      I’m glad to hear you’re OK! I’m going to put you in touch with our team and they’ll reach out shortly. Have a good day.

      Thanks,
      Kevin Graham

  10. Hello,
    My house sustained wind damage and the roof to leak causing water damage to my roof, attic, ceiling, and the walls in multiple rooms. I would like to defer my payments if possible for 2-3 months to help pay my insurance deductible and any expenses to contractors to fix my house. My insurance company says it may take multiple weeks to get an adjuster out to view the damage and I would like to repair it before then to prevent further damage/rotting. I also asked them a couple questions that they never got back to me with:
    -How does the selection of contractors to make the repairs work?
    -Do multiple bids/estimates need to be made and which can I choose?
    -Is my pool screen/enclosure covered under my policy?
    -Is the wooden fence around my back yard covered?
    -Will paint the multiple walls that were damaged be covered under insurance?
    -Since multiple walls will need to be repaired/painted, can I also have the rest of the walls that were that same color painted/covered under the claim?
    -We were without power for over a week, is there any assistance to help pay for the hotel room costs, food spoilage, or anything else?

    Thanks,
    Wayne

    1. Hi Wayne:

      I’m glad to hear you’re safe. I’m going to have someone reach out to you about pausing your payments and how old that works. In terms of insurance, it sounds like you’re asking all of the right questions. Some of those questions need to be answered by your insurance company when they get the adjuster out there. That said, we do have an insurance loss team we can put you in touch with to help you through the process and the answer as much as we can. Someone will reach out shortly and we can go from there.

      Thanks,
      Kevin Graham

  11. I call you before about the payment because we received impact of hurricane irma and i’m not able to make the payment in time ; you give me the option to pay in the end of the month i agree and i told you i was going to pay on the 26 but there’s a lot of damage in my home ; my insuarnce dont cover because i have a deductable of $3200 i have to fix my fence, some parts of the roof, and i have 3 kids; you explained to me you had another option for me the case is i wont be able to make my payment on the 26 i want to use the other option. the 3 month relief, thank you for your attention; i expect your answer you were very helpful before and i know you can help me again

    1. Hi Rafael:

      I’m going to have someone reach out to you first thing in the morning to help you out. Thanks for reaching out!

      Kevin Graham

  12. Hello Quicken!
    Is there any downside, penalty, or negative effect of postponing 3 months of mortgage payments due to Hurricane Irma? We have damage to our property, but not enough to file a claim for. Is there any negative effect on our credit score, credit report, interest rate by doing this?
    Thanks!

    1. Hi Nicole:

      So the forbearance wouldn’t impact your credit. We’ve stopped all credit reporting for people in the affected area. At the end of the forbearance, you have the option of making a lump sum payment, but you don’t have to. We can do a modification of your mortgage at that point. That is also noncredit impacting in this case because it’s a natural disaster. That being said, I’m going to have someone reach out to you about this that can give you far more detail than I can in one blog comment. They’ll be in touch shortly.

      Thanks,
      Kevin Graham

    2. We lost power on Sunday afternoon. No electric, no internet, nothing. The power was not restored until late Friday Afternoon. We had company visiting, the airport closed and he was stuck for 7 days! I have a freezer in the kitchen and another freezer in the
      garage. Both were packed with supplies, cherese, milk, meats, seafood, etc. Everything spoiled. We did board up windows. Can I make a payment for the interest, taxes and ?insurance for? It would allow me to purchase food and remove tree limbs. My ins has a $6500 deductible. Is there an option available?

      1. Hi Barbara:

        We do have a couple of different options available. I’m going to have someone reach out to more thoroughly go over details and then you can pick from there. We’ll be in contact shortly. Thanks for getting in touch!

        Thanks,
        Kevin Graham

  13. Hello,

    I was affected by Hurricane Irma and looking for assistance as well, can someone please reach out to me via cell or e-mail?

  14. I just became a QL client December 2016. We don’t have any damage to our house, but we were without power for several days, then it was on. We’d already lost the food we had because of power loss. When it came on we went out n bought more unbeknownst to us that we would lose power again for four more days. Of course then that food spoiled. We had damage to our fence and pool, but not enough to file a claim. I’m beginning to worry that I will not be financially able to pay my mortgage and other bills that will be coming up. Would I qualify to receive some assistance? I am just now trying to rebuild my credit and am worried that this disaster is going to throw me off track. I would appreciate a response so I can see what my options are, if any.
    Respectfully,
    Ida

    1. Hi Ida:

      We do have options for you including forbearance, which is a pause in your mortgage payments. I’m going to have someone reach out. I’m very glad to hear your property came through the storm so well. We’ll be in contact shortly.

      Thanks,
      Kevin Graham

  15. My loan is with you – Apopka is in central FL and was hit hard by hurricane Irma. I could use some Mortgage relief to help with cleanup and roof repair. I have several very large trees around my home. The debris is incredible. I can send pictures if you wish.

    1. Hi Betty Ann:

      I’m going to remove your address and loan number two protect your privacy. However, we are absolutely offering assistance and we are here for you. I’m going to have someone reach out shortly.

      Thanks,
      Kevin Graham

  16. I have been impacted by hurricane Harvey, is it possible to defer just one of my payments? If so, is the payment placed at the end of the loan? or do it have to pay the full payment at the end of the 30days along with the current moths payment that is due? Our damage is not as bad as most…but it would help financial to not make one payment.

    Thanks,
    Margaret

    1. Hi Margaret:

      We aren’t offering traditional deferrals because it’s not an option being given by Fannie Mae, Freddie Mac, FHA and VA. However, I’m going to have someone reach out to help determine the best possible option for you. They’ll be in contact shortly. We do have options.

      Thanks,
      Kevin Graham

  17. We live in Ocala, Fl. We moved into the new house the week before the hurricane Irma, we’ve been going through a lot of things since then.
    We suffered some damages and we had to load a Big F-250 4 times with all the debris from our front and backyard. Currently, we are trying to repair all the screens for the windows and swimming pool as we have a small baby and a kid and is not safe for them without it. We realized that our deductible for hurricanes is 4% so we need to repair everything by ourselves just little by little.
    It is hard work and we not complain but it’s true first we needed extra money to prepare our family for the storm, then our jobs went off while almost the half of the city has been without power for a week and now we have some safety priorities to resolve.
    We just have the internet right now to contact you this way.
    We really need some help for the next months to recover from this situation.
    I know Quicken Loans definitely, works with its customers to help them and always does the right thing.
    I hope we can talk about the options we have to face all of this together.

    1. Hi Luis and Maria:

      There’s never a good time to be dealing with a hurricane, but that definitely sounds like a serious case of awful luck. We can definitely go over the options we have for you. I’m going to get this over to our client relations team and we can have someone reach out to you shortly via email.

      I’m glad to hear you’re all OK and thank you very much for the kind words. It does make the work with it. Someone will be reaching out shortly, but have a great day!

      Thanks,
      Kevin Graham

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