If you are one of the millions of Americans with a mortgage, then you know the importance of making timely payments. Late payments can result in penalties, extra fees, and even foreclosure. Many mortgage holders opt to pay their mortgages online to avoid these consequences. In this article, we will discuss how to spend your PHH Mortgage online, step by step.
PHH Mortgage is a provider of residential mortgage services in the United States. They offer a variety of mortgage products and services, including conventional, FHA, VA, and jumbo mortgages. One of the ways that PHH Mortgage has made it easy for its customers to pay their mortgages is by allowing them to make payments online.
Why Should You Pay Your Mortgage Online?
There are several benefits to paying your mortgage online. First, it is convenient. You can make a payment from anywhere, at any time. You do not have to worry about mailing a check or going to the bank. Second, it is fast. Online payments are processed quickly, so you can ensure your payment will be received on time. Third, it is secure. PHH Mortgage uses industry-standard security measures to protect your personal and financial information.
Register for an Account
To pay online, you must first register for an account on the PHH Mortgage website. To do this, go to https://www.phhmortgage.com and click on the “Register” button in the upper right-hand corner of the page. You will be asked to provide basic information, such as your name, email address, and loan number. Follow the prompts to create a username and password.
Log in to Your Account
Once you have registered for an account, you can log in to the PHH Mortgage website. To do this, go to https://www.phhmortgage.com and click on the “Log In” button in the upper right-hand corner of the page. Enter your username and password and click the “Log In” button.
Link Your Bank Account
You must link your bank account to your PHH Mortgage account to pay online. To do this, click the “Payment Options” tab and the “Add Bank Account” button. Follow the prompts to enter your bank account information.
Set Up Recurring Payments
If you want to set up recurring payments, click on the “AutoPay” tab and follow the prompts to set up your payment schedule. You can have your fees deducted from your bank account monthly, bi-weekly, or weekly.
Make a One-Time Payment
To make a one-time payment, click the “Make a Payment” tab and follow the prompts to enter your payment information. You must enter your loan number, the amount you wish to pay, and the date you want the payment made.