Benefits of Using ACH for Your Mortgage Payment

Tuesday, January 10 at 07:34 AM
Category: Personal Finance

Offered to all Arvest Mortgage Company mortgage loan customers, ACH (Automated Clearing House) is a simple payment management system that allows you to put your mind at rest about Arvest receiving your payment late due to mail delivery or other unexpected circumstances. Bound with many other benefits, ACH is perfect for making payments quick and painless.  

Why Use ACH? 

It’s Free.  If you are a borrower who has your loan serviced by Arvest Mortgage Company, this service is free of charge for you.

Convenience.  You can’t get much more convenient than an “automated” process.  Once you have submitted your ACH set up form with your preferences, the rest is taken care of by Arvest Mortgage Company.  This method of payment is much more convenient than dropping off your payment at the bank and more cost-efficient than mailing payments.

Flexibility.  Did you decide there is a better day for your payment transaction to be made than the one you chose?  With ACH, you can change this date and other options as needed. 

Various Options.  With ACH through Arvest Mortgage Company, you have many choices of days that you can choose from for your payment transaction to be made.  Also, for customers who wish to pay their loan off faster, you have option of making additional principal payments each month. 

Easy to Sign Up.  You can sign up for ACH either by calling (800) 232-5524, online by logging into your My Mortgage Sign On, or by visiting a nearby location
 

Tags: Mortgage
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