Benefits of Automatic Mortgage Payments
Preserve your credit and save money with these three great tips!
1 – Your Credit Rating: By having the schedule predetermined, you won’t risk a late payment. Mortgage payment history is heavily weighted in a credit score and a few little slip ups could ruin your chances for purchasing or refinancing for several years.
2 – Convenience: Set it up once and you can rest easy knowing it’s been paid… even when you are on vacation!
3 – Go Green, Save Green: You can get all of your billing online through email or the lenders website and whittle down that stack of bills that you file away every year. Store these documents digitally on your computer, and save on postage!
Categories: PRM Blog