You can register for Auto Pay for free and the system will debit money from your current, bank or market account. You can pay online on a convenient day of the month for you. The Smart Calendar on the company's website will help to avoid delinquency on the loan.
It is possible to pay by mail: send the coupon from the statement with a check or money transfer to the postal address of the company.
To pay by phone, prepare your account number and the last four digits of your social security number. The automatic system will make your payment. You can also pay through a company representative.
Fees and penalties
You may have to buy discount points or pay a mortgage broker. Also, the company can take money for issuing and closing. The situation of each borrower is individual, so do not neglect a thorough study of the conditions.
Early payoff
The UWM company requires a prepayment fee. This means that if you are ready to repay the mortgage ahead of time, you will have to pay an additional fee for this.
