Understanding Your United Wholesale Mortgage Payment Options

Having a mortgage with United Wholesale Mortgage (UWM) means it’s important to know your payment options to stay on top of your loan and avoid any issues. UWM provides convenient ways to make your mortgage payments, so you can choose what works best for you.

Understanding Your Payment Options

UWM offers various payment options to help you stay current on your mortgage. Here are some common ways to make your UWM mortgage payment:

Online Payments

One convenient way to pay your UWM mortgage is through their online payment portal. Log into your UWM account online to make a payment using your checking account or debit card. You can schedule one-time or recurring payments to ensure they are always on time.

Phone Payments

If you prefer making payments over the phone, UWM has a dedicated payment hotline where you can use your checking account or debit card to make a payment. This option is helpful for those who prefer speaking to a representative or don’t have access to a computer.

Mail-In Payments

If you prefer to mail a check or money order, UWM accepts payments sent to their designated address. Remember to include your loan number on the payment for proper application. While this method may take longer to process, it’s a good option for those who prefer mail payments.

Auto-Payments

Another convenient option is automatic payments with UWM. Your mortgage payment is automatically deducted from your checking account each month, ensuring timely payments without needing to remember each month.

FAQs

How can I set up automatic payments for my UWM mortgage?

To set up automatic payments, log into your UWM account online and navigate to the payment options section. You can set up recurring payments using your checking account details.

Can I make a late payment on my UWM mortgage?

If you can’t make your mortgage payment on time, contact UWM to discuss options. While late payments may incur fees, UWM can work with you to find a solution.

What happens if I miss a mortgage payment with UWM?

If you miss a payment, contact UWM immediately to discuss solutions. Missing payments can lead to late fees, credit score damage, and potential foreclosure, but UWM can help you get back on track.

Can I make extra payments on my UWM mortgage?

Yes, you can make additional payments to pay down the principal balance faster, reducing interest paid over the loan term and potentially paying off your mortgage sooner.

What is the best way to contact UWM with payment questions?

If you have payment questions, contact UWM’s customer service by phone, email, or through their live chat feature on their website for real-time assistance.

Understand your payment options with United Wholesale Mortgage to keep your loan on track and avoid issues. Whether you choose to pay online, by phone, by mail, or through automatic payments, UWM offers convenient options to make the process easy for you.