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.

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...

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. Tip: Being set up on AutoPay helps preven...

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...

Fees A preparation fee of up to $25 may apply to each payoff quote statement we generate. Additional expedited delivery fees of up to $25 may apply to each payoff quote sent via web.

If you are eligible, here are some details to keep in mind: Minimum Amount – Mr. Cooper requires a minimum principal payment of $10,000. Recasting Fees – There is usually a non-refundable fee of up to $250 to recast your mortgage. Requirements and Details of a Recast.

Requirements and Details of a Recast. If you are eligible, here are some details to keep in mind: Minimum Amount – Mr. Cooper requires a minimum principal payment of $10,000. Recasting Fees – There is usually a non-refundable fee of up to $250 to recast your mortgage.

Here are some of the most common closing costs: The money you put in an escrow account each month is used to pay property taxes and insurance related to your property. Some lenders may require you to escrow depending on the circumstances of your mortgage. If you have an escrow accoun...

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?