AmeriSave Mortgage Payment Options: Everything You Need to Know

AmeriSave Mortgage Payment Options: Everything You Need to Know

AmeriSave is a leading mortgage lender that offers various payment options for customers to easily pay their mortgage. Whether you choose to pay online, over the phone, or by mail, AmeriSave has a payment method for you. In this article, we will explore the different payment options provided by AmeriSave and address some common questions about making mortgage payments.

Online Payment Options

AmeriSave provides a convenient online payment option for customers who prefer electronic payments. To make a payment online, you must create an account on the AmeriSave website and log in with your username and password. Once logged in, you can make one-time payments or set up recurring payments that will be automatically deducted from your bank account each month.

Phone Payment Options

For those who prefer making payments over the phone, AmeriSave offers a toll-free number to call for payments. Simply dial the number on your billing statement and follow the prompts to make a payment using your debit or credit card. This is a quick and efficient way to ensure on-time payment without the need to mail a check or visit a branch.

Mail Payment Options

Customers wanting to pay traditionally can opt for AmeriSave’s mail-in payment option. Write a check or money order for the payment amount, including your loan number on the memo line. Mail the payment to the address on your billing statement, allowing enough time for processing before the due date.

Automatic Payment Options

To avoid missing payments, AmeriSave offers an automatic payment option where the monthly payment is deducted from your bank account on a specific date each month. This helps avoid late fees and ensures timely payments.

Bi-Weekly Payment Options

AmeriSave also offers a bi-weekly payment option for customers wishing to pay off their mortgage quicker and save on interest. Making half of the monthly payment every two weeks results in 26 half payments per year, equivalent to 13 full payments. This can accelerate mortgage repayment and potentially save on interest costs.

Payment FAQs

Q: Can I make extra payments toward my mortgage principal?
A: Yes, AmeriSave allows extra payments toward the principal, helping pay off the loan faster and save on interest.

Q: Can I change my payment due date?
A: In some cases, AmeriSave may allow changes to the payment due date. Contact customer service to discuss options for a due date change.

Q: What happens if I miss a payment?
A: Missing a payment could lead to late fees and a negative impact on your credit score. Contact AmeriSave promptly if you have difficulty making payments.

Q: Can I make a payment over the phone using my debit card?
A: Yes, AmeriSave accepts phone payments using debit or credit cards. Call the toll-free number on your billing statement to make a payment.

Q: Can I set up recurring payments for my mortgage?
A: Yes, AmeriSave offers recurring payment options for automatic deductions from your bank account. This ensures timely payments without the need for manual intervention.

In conclusion, AmeriSave offers a range of payment options to help customers pay their mortgage conveniently. Whether you prefer online, phone, mail, or automatic payments, AmeriSave has a suitable method for you. By utilizing these payment options, you can ensure timely mortgage payments in a way that aligns with your preferences. For more information on AmeriSave mortgage payment options, refer to the FAQs section above or reach out to customer service for assistance.