0
An optional products package on a mortgage bill is usually a sales promotion by the lender for services like supplemental mortgage life insurance, bi-weekly payment servicing or disability insurance. Lenders feel they have a captive market with their existing customers and include these types of promotions to sell additional products. You are not required to use them and in fact, the practice has come under scrutiny by regulatory agencies for misleading and deceptive sales practices. Before electing to use any of the optional services shown on the bill, be sure to shop and compare the same services with outside vendors to compare costs and features.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
How could one pay a home mortgage online?
You can pay a Home Mortgage online. If your loan is with Wells Fargo, Chase Bank, Bank of America or US Bank you can go to their website and pay your Mortgage loan there. However if your Loan is with a Mortgage Company such as Plaza Home Mortgage you will have to go through your own Bank's Bill pay system to pay your loan online.
If you have a fannie Mae Mortgage with PMI can you take advantage of a refinance or modification to your mortgage through Obama's new relief bill?
Yes all Fannie Mae loans with enough persisitance can be modified.
Can your in-laws apply for the mortgage using their credit score even though your husband and you would be making the payments and how soon after that can you switch it into your names?
If your in-laws apply for the mortage, the mortgage is in their name and they're responsible for paying the bill. If you pay them in order to make the mortgage payment, you are building their equity, not yours. The only way you can switch the mortgage to your name is for you to buy the house from your in-laws.
How do you pay your mortgage for chase online?
You can sign-up for autopay, which if it is a new account, you get money back each year from Chase. Otherwise, create a new payee with your mortgage account information and pay it like any other bill you have.
How do you pay your mortgage with a credit card?
No mortgage company directly accepts credit card payment, only debit cards. Historically, you could only use your cash advance checks to pay your monthly mortgage bill with a credit card. However, just launched this year, two companies are allowing direct payment.
Where can one pay one's mortgage bill?
There are many places where one can pay their mortgage bill. One can pay their mortgage bill by sending a check in to their provider or pay over the internet.
GMAC mortage company has constantly raised my mortage over the past 3 years what can I do about it?
I would assume that you have a variable rate mortgage. If so, I would refiance to a fixed rate mortgage. the stimulus package has provisions that should make it easier for you to refinance a fixed mortgage. However, if you have a fixed rate mortgage and the increase is because your taxes are going up and your mortgage company escrows your tax bill, then there is little that you can do because the increase is based on your taxes.
What is reverse mortgage refinance?
It is where you have a Mortgage and you have improved your credit you can refinance to lower you monthly bill.
Which of these is not an optional service you can add to your phone bill?
local calling
What are the release dates for Now with Bill Moyers - 2002 Mortgage Mess?
Now with Bill Moyers - 2002 Mortgage Mess was released on: USA:16 November 2007
Are there any lenders in Tuscaloosa Alabama who do mortgages with bill consolidation for people with credit scores in the upper 500's?
Citi Financial on Skyland Boulevard East might be a place you'd want to look. They do a lot of bill consolidation and mortgage underwriting and might be able to offer you a package that fits your needs.
What is a package veto?
A package veto is a vote of "no" by a governor or the President of the United States for the whole bill, not just a part of a bill. The right to veto allows for the vetoer to choose either a part of the bill to veto or vote no on an entire bill.
What has the author Bill Armstrong written?
Bill Armstrong has written: 'Computer mapping using the GIMMS package'
What amendment was passed first?
The Bill of Right was passed as a package not one by one.
What has the author Bill Broadbent written?
Bill Broadbent has written: 'Owner will carry: How to take back a note or mortgage without being taken'
Where can you pay your bill?
you dont have to pay your bills its optional most people do it because it makes them feel good about themselves
How could one pay a home mortgage online?
You can pay a Home Mortgage online. If your loan is with Wells Fargo, Chase Bank, Bank of America or US Bank you can go to their website and pay your Mortgage loan there. However if your Loan is with a Mortgage Company such as Plaza Home Mortgage you will have to go through your own Bank's Bill pay system to pay your loan online.
