Customers should beware of phone calls and emails from individuals claiming to be PHH Mortgage employees demanding payments in the form of a pre-paid debit/gift card to cover trial loan modification payments, escrow shortages and/or to avoid foreclosure. These imposters may be calling from what appears to be a legitimate PHH Mortgage phone number, this is called "spoofing". Tips to help secure your money and personal information : Spot Imposters. Fraudsters will usually...
READ MOREAn escrow account is money we set aside to pay expenses related to your mortgage, like property taxes and homeowner's insurance. We break these expenses into monthly installments and add them to your mortgage payment. When your property tax and insurance bills are due, we pay them on your behalf from your escrow account. Any change to your annual property taxes or insurance premiums may cause your mortgage payment amount to change. To make sure we're accounting for such changes, we...
READ MOREUpgrade your online experience in three easy steps! You can easily manage your account anytime, anywhere and on any device.Step 1: Register your account On PHHMortgage.com – You’re already here, simply click the My Account button to get started.Or download the mobile app and select Register.Step 2: Enroll in online features to save money and timeAutopay – Save money and time making automatic monthly or biweekly payments.Alerts – Receive...
READ MOREWhen you choose to go paperless, you can access up to 60 months of account history anytime, enjoy the peace of mind knowing your private information is secure, and much more!Be secure and simplify your life with paperless delivery. Quick and secure 24/7 accessLess clutter and environmentally friendlyTax, privacy, and statement options available nowMore documents being added over timeThree Easy StepsLog in in today to enrollClick “Account Management” and then the “Account...
READ MOREFind answers to frequently asked questions about mortgage transfers.
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 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 MORE