Make a payment, check your balance, view statements and sign up for Paperless Billing or Autopay. There are many benefits to registering and managing your account online.Paperless Billing: Reduce the clutter and view your bill online. Plus: View up to 24 months of billing history.Enjoy free online payments with no convenience feeHelp the environment by using less paper.Autopay: Simplify your life and have your payments automatically deducted. Plus: Choose your payment method as...
READ MOREPHH Mortgage and its employees are here to help as you recover from disasters that affect your home or community. If you need assistance, please reach out by calling 1-800-936-8705, Monday through Friday 8:00 am – 8:00 pm ET. Helping Homeowners Is What We Do! Find below some information and links to useful websites.Hurricane Preparedness Tips: Are you prepared? Have a family communications plan, cash on hand, a battery-powered radio handy, and a plan for pets....
READ MOREBe in the know about your account! Once you register online or download the mobile app, set up alerts to be in the know about your account.Alert TypesProfile – We’ll send a notification when you change any of your profile details, like email, mailing address or phone number.Payments - Know when your payment is applied or scheduled.Disbursements – Get notifications when we pay your insurance or taxes.Sign up for alerts by logging into your account. Just click...
READ MOREHave you ever heard the term "home equity" thrown around in conversations about mortgages and real estate? If you're scratching your head, don't worry, you're not alone. Let's dive into what home equity is, why it matters, and how you can harness its potential to boost your financial well-being.What is Home Equity?Think of home equity as your stake in your home. It's the portion of your property that you truly own, free and clear of any mortgage or other liens. In...
READ MORECredit is an agreement to borrow money with the promise that you will pay it back at a later time through scheduled payments.How Credit Influences FinancingMaintaining good credit is key to financing a home purchase. In fact, your credit is one of the first things lenders examine when considering you for a loan.What can you do to improve your credit – and your chances of getting a mortgage? Making payments on time is an important way to establish good credit. A pattern or history of...
READ MOREAmericans are in more credit card debt than ever, and there is a simple, proven solution: cash-out refinance. Whether it’s credit cards, car loans, or student loans, if you’re a homeowner looking for cash and have equity in your home, a cash-out may provide you with a simple and achievable way to get out of debt. If you used your credit cards in the past year to help with daily living expenses because of increased inflation and the cost of living, you are now paying higher...
READ MOREYou probably already know that owning a home is a smart investment, but did you know you may be able to use the equity in your home to borrow money to use any way you want? You can use the money to pay for home improvements, add to a rainy day or investment fund, or you consolidate your existing debt like credit cards or student loans, at a lower interest rate. As a homeowner, what options do you have to borrow money? Cash-out Refinance, Home Equity Loans, and Home Equity Line of Credit...
READ MOREA Home Equity Conversion Mortgage, (HECM), commonly known as a reverse mortgage loan, is a Federal Housing Administration (FHA) insured loan1 that allows borrowers, who are 62 years and older, access to a portion of their home equity without having to make monthly mortgage payments.2 If you have sufficient equity in your home, you may be able to get the cash you need to help supplement retirement, home renovations, pay for medical expenses, or put aside as a rainy day fund. You can use the...
READ MOREDo you currently have an adjustable-rate mortgage? Did you plan to only be in your home for a short time? Maybe you were in a different financial situation when you chose your loan type? Adjustable-rate mortgages (ARMs) can be a great way to get a lower interest rate on your home loan for a period. However, when interest rates go up, like they have in recent years, your monthly payments could be impacted significantly. If you're concerned about rising mortgage interest rates, you may want...
READ MORESo, you’re thinking about buying your next home. Whether you’re just getting started or well on your way, these seven tips can help make the process go as smoothly as possible. Even if you're not a first-time home buyer, it’s always a good idea to do your research and be prepared before making any major financial decision. The market is constantly shifting, and a few things may have changed since your last purchase.Down payment—Start planningThe down payment on a...
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