Payoffs must be made via certified funds—wire transfer, money order, or cashier’s check. Please do not send personal checks, certified personal checks, or cash. Your payoff quote statement will include all of the information you need about our receiving bank for wires. Note: We sugge...

Only Mr. Cooper customers and authorized third parties may request a payoff quote. You can authorize a third party to request a payoff quote on your behalf online. You can request a payoff quote through your online account. Depending on your loan, you may be eligible for an instant...

Setting up AutoPay is quick, easy, and free. All you need to do is choose a payment frequency—Monthly or Biweekly—and complete the online form; we’ll automatically deduct the payments going forward. What forms of payment do you accept?

Recasting Fees – There is usually a non-refundable fee of up to $250 to recast your mortgage. Requirements and Details of a Recast. If you are eligible, here are some details to keep in mind: Minimum Amount – Mr. Co...

Recasting a mortgage happens when you put down a lump-sum payment toward the principal balance and the lender re-amortizes the loan. Since you are paying down your principal by a large amount, your monthly payment will be lowered, but your interest rate and loan terms will remain...

Here are the key elements included in your monthly statement, along with a visual guide to help you locate them: 1. Statement Information. This is your basic information, like the date your statement was generated, loan number, amount due, and payment due date. 2. Explanation of Am...

Recasting Fees – There is usually a non-refundable fee of up to $250 to recast your mortgage. Requirements and Details of a Recast. If you are eligible, here are some details to keep in mind: Minimum Amount – Mr. Co...

Payments are considered late, and late fees are assessed, at midnight when your grace period ends and are calculated as outlined in your Note. If you think you may not be able to make your payment on time, please contact us and let us know. When is my payment considered late?

Requesting a Payoff Quote Includes who can request, how to request, and possible fees Paying Off Your Mortga... Online Requests. Mr. Cooper Customers: You can request a payoff quote through your online account. Depending on your loan, you may be eligible for an instant payoff quo...

Find out the eligibility requirements, fees, and process for recasting your loan with Mr. Cooper. Learn how to recast your mortgage and lower your monthly payment by making a lump-sum payment toward the principal bala... Learn six tips to pay off your mortgage faster, including r...