Recasting Fees – There is usually a non-refundable fee of up to $250 to recast your mortgage. Mortgage Term – The term (length) of your mortgage remains the same. Example If you recast 10 years into a 30-year mortgage, you will still have 20 years left on your term.

Recasting Fees – There is usually a non-refundable fee of up to $250 to recast your mortgage. Mortgage Term – The term (length) of your mortgage remains the same. Example If you recast 10 years into a 30-year mortgage, you will still have 20 years left on your term.

There are no late fees or negative reporting to the credit bureaus during the first 60 days after your transfer. (Your prior servicer is required to forward us any payments you make to them for 60 days after your transfer date.)

Your grace period is a set number of days after your contractual due date when we’ll still accept your payment without charging a late fee. The number of days is outlined in your Note. Check your statement for the exact date when penalties and interest are added.

There are numerous reasons why the amortization schedule may not be available for all accounts, including account status, interest rate, and loan type. If you don’t see it, you can request one via the Message Center or by chatting with us.

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. ...

Find out the eligibility requirements, fees, and process for recasting your loan with Mr. Cooper. Learn how to recast your mortgage and lower your mont... Recasting a mortgage happens when you put down a lump - sum payment toward the principal balance an...

A verification of mortgage (VOM) is an official statement that verifies your existing loan terms and provides a rating of the payment history, including if the loan was current or delinquent for each month listed. It reflects only the most recent 12 months of your loan, excludi...

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?

There could be some changes in your fees. For more details, review our complete list of fees. The terms of the loan remain exactly the same. This means the interest rate, monthly principal and interest payment, and repayment timeframe are all identical to what they were with your p...