Managing Automatic Payments (AutoPay) Includes setup, making changes, and automatic payment amount changes

If the surplus is less than $50 and your account is current, we’ll spread the surplus over the next 12 months to reduce the monthly payment. If the account is delinquent, the surplus will remain in the escrow account for future disbursements.

How can I get assistance if I cannot pay my mortgage? You can complete a mortgage assistance application online and let us know what’s going on. We’ll help you determine a plan of action and next steps based on your circumstances.

We accept payments from checking, saving, and money market accounts, as well as checks, money orders, and cashier’s checks. Payments can be made many different ways. Note: We do not accept debit or credit card payments at this time.

Some borrowers take advantage of this option to lower their monthly payments or keep extra money on hand but it comes with pros and cons. If you’re a Mr. Cooper customer, here are a few things to consider and information on how to remove an escrow account from a mortgage.

Learn how to recast your mortgage and lower your monthly payment by making a lump-sum payment toward the principal balance. Find out the eligibility requirements, fees, and process for recasting your loan with Mr. Cooper.

Mortgage assistance is a general term that covers a variety of programs and solutions intended to help homeowners who are experiencing financial difficulty and having trouble making their mortgage payment. What kind of assistance options are available if I cannot pay my mortgage?

Learn six tips to pay off your mortgage faster, such as making extra payments, switching to biweekly payments, or refinancing to a shorter term. Find out how to ... Setting up AutoPay — Biweekly or Monthly — is quick, easy, and free.

Learn how to update your mortgagee clause if your loan was transferred to Mr. Cooper and what to do with optional ins... You are required to have enough insurance to cover the lower of either the replacement cost of the home or the remaining principal balance on your loan.

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 rema...