How to Payoff PennyMac Mortgage Today: by bank card, money transfer, via ATM (2024)

Log in

  • Home
  • PennyMac
  • Repay

How to Payoff PennyMac Mortgage Today: by bank card, money transfer, via ATM (17)

Mortgage

Rating by Finanso®

i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

0.0

(Leave feedback)

Advertiser Disclosure

  • About
  • Personal account
  • How to apply
  • Repay
  • Mobile app

How to Payoff PennyMac Mortgage Today: by bank card, money transfer, via ATM (18)

Konstantin Tochonyi - CEO Finanso®

We have developed for you a convenient mortgage company page for PennyMac in the US 🇺🇸. Here you can learn more about the company, get acquainted with its mortgage products, read the rules for the provision of services, watch video instructions, read customer reviews and leave your own one. Pay attention to ourbonus system.

How to Payoff PennyMac Mortgage Today: by bank card, money transfer, via ATM (19)

How to Payoff PennyMac Mortgage Today: by bank card, money transfer, via ATM (20)

Konstantin Tochonyi - CEO Finanso®

Finanso believes everyone should be able to make financial decisions with confidence. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free.

The exclusive right to PennyMac trademarks of third parties, including financial organizations, depicted on Finanso® belongs to their copyright holders in accordance with publications in the open registers of authorized bodies. Trademarks of third parties depicted on finanso.com, are indicated for informational purposes only.

How to Payoff PennyMac Mortgage Today: by bank card, money transfer, via ATM (21)

Repayment of loan

Online automatic monthly payments

Using this option, your payments are debited automatically every month on the date you specify.

  1. Log into your PennyMac Financial Services account and select "Make a Payment," then "Automatic Payments."
  2. To enroll, simply follow the three-step process. You need your bank account and routing number to sign up for the service.
  3. Paperless: Simplify your mortgage by having 24/7 access to all of your statements. Log in to your PennyMac account and go to "Account Settings," then "Paperless Preferences," then "Online Only." You can always change your mind.

Online single payment

Use the easy "One-Time Payment" option from your computer, tablet, or smartphone to make your mortgage payment online with your checking, savings, or debit card.

  1. Log in to your PennyMac account using any browser, or get the PennyMac Mobile app. Select "Make a Payment," then "One-Time Payment."
  2. Make your payment with your bank account or debit card in two simple steps.

Pay by mail

If you have chosen this payment method, you will receive a PennyMac payment coupon. When mailing your payment, provide your loan number.

If your loan was recently transferred to PennyMac and you haven't received a PennyMac payment coupon, you may submit your payment to the business mail address.

Pay by phone

Use the automated phone system to make a free One-Time Payment directly from your checking or savings account. You can also speak with one of the Customer Service Representatives, though this may incur a fee.

Western Union

Use Western Union to ensure that your payment is received immediately. Look up at the nearest Western Union location. To complete your payment, simply bring your loan number to the service counter.

Conditions of loan extension

PennyMac can extend the loan repayment period - "Best Efforts Commitment Extension." Sellers may extend a Best Efforts commitment’s commitment delivery due date for a maximum cumulative period of 30 calendar days or the initial commitment term. The minimum for a Best Efforts extension is one calendar day. PennyMac may offer extra extensions on a case-by-case basis.

Early payoff

If you want to pay off your debt, PennyMac doesn't take prepayment penalties. Here are four common strategies:

Make additional payments

You can make one additional payment every year—a "13th-month" payment. Or divide the "13th-month" amount by 12 and add that amount to each month’s payments.

Round up payments

If an extra payment per year is too much, you can round up. Consider your monthly payment of $1,542.75 and you round up to $1,600. The extra $57.25 isn’t a lot, but could bring the amortization schedule down by a couple of years.

When possible, make additional lump sum payments

If you received unexpected money, apply it to your mortgage debt to shorten the term of your loan and the amount of interest you pay.

Refinance

The most powerful of these strategies is refinancing, but it requires you to pay closing expenses. It's also less adaptable than the other options. When you refinance to a higher payment level, you maintain that payment level.

How to Payoff PennyMac Mortgage Today: by bank card, money transfer, via ATM (22)

FAQ

Can you pay off a PennyMac loan early?

Yes, you can early mortgage payoff. The company doesn't charge any prepayment fees. Just be in touch with your loan officer to choose the best option for your loan.

Can PennyMac sue you?

PennyMac business focuses on assisting clients in avoiding foreclosure. First, they try to help you find the best solution if you have a difficult financial situation. But yes, according to US laws, if you breach contract, lender may sue you.

The article was useful

Like 235

Dislike 14

How to Payoff PennyMac Mortgage Today: by bank card, money transfer, via ATM (23)

Author of articles Karim M

2730 views

Last update 20.02.2023

Financial products

  • Mortgage

How to Payoff PennyMac Mortgage Today: by bank card, money transfer, via ATM (24)

PennyMac

Home Equity Loan

Rating by Finanso®

i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

(Leave feedback)

from $50,000

Rate

i

Effective interest rate on the product

from 3%

Term

i

Loan term for the financial product

up to 30 years

Apply

How to Payoff PennyMac Mortgage Today: by bank card, money transfer, via ATM (25)

PennyMac

Mortgage refinancing

Rating by Finanso®

i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

(Leave feedback)

Recommended FinScore™

300

650

1000

from $50,000

Rate

i

Effective interest rate on the product

from 3%

Term

i

Loan term for the financial product

up to 30 years

Apply

How to Payoff PennyMac Mortgage Today: by bank card, money transfer, via ATM (26)

PennyMac

Home Purchase Loans

Rating by Finanso®

i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

(Leave feedback)

Recommended FinScore™

300

650

1000

from $50,000

Rate

i

Effective interest rate on the product

from 3%

Term

i

Loan term for the financial product

up to 30 years

Apply

Similars products

  • Mortgage

How to Payoff PennyMac Mortgage Today: by bank card, money transfer, via ATM (27)

Rocket Mortgage

30-Year Fixed

Rating by Finanso®

i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

(Leave feedback)

Recommended FinScore™

300

650

1000

Rate

i

Effective interest rate on the product

6.00 – 6.28 %

Term

i

Loan term for the financial product

5 years – 30 years

Apply

How to Payoff PennyMac Mortgage Today: by bank card, money transfer, via ATM (28)

Mariner Finance

Home Refinance

Rating by Finanso®

i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

(Leave feedback)

Recommended FinScore™

300

650

1000

up to $1,500,000

Apply

How to Payoff PennyMac Mortgage Today: by bank card, money transfer, via ATM (29)

AmeriSave

Mortgage

Rating by Finanso®

i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

(Leave feedback)

Recommended FinScore™

300

650

1000

from $50,000

Rate

i

Effective interest rate on the product

from 5%

Term

i

Loan term for the financial product

up to 30 years

Apply

How to Payoff PennyMac Mortgage Today: by bank card, money transfer, via ATM (30)

New American Funding

30 Year Fixed Mortgage

Rating by Finanso®

i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

(Leave feedback)

Recommended FinScore™

300

650

1000

from $50,000

Rate

i

Effective interest rate on the product

from 5%

Term

i

Loan term for the financial product

up to 30 years

Apply

Today PennyMac Calculator of 10.06.2024

PennyMac calculator will allow you to calculate an approximate payment schedule for the loan

This site is protected by reCAPTCHA and the GooglePrivacy Policy and Terms of Service apply.

Your comment has been added

Error

Your complaint has been recorded

Invalid username or password

comment.alert.error-reg

Please log in to like/dislike

Invalid SMS code has been entered

All PennyMac’s reviews by june 2024

Leave feedback

Please, leave your first feedback

Leave a review and get 20 Fincoins to your account!

Review on PennyMac

Rate it on the 5-point scale

Execution of an application

Support service

Mobile app

Service quality

Your satisfaction level

Your rating

/ 5

Similar companies

How to Payoff PennyMac Mortgage Today: by bank card, money transfer, via ATM (34)

Fannie Mae

1100 15th Street, NW Washington, DC 20005

+1 (800) 232-6643

How to Payoff PennyMac Mortgage Today: by bank card, money transfer, via ATM (35)

NACA

225 Centre Street, Suite 100, Boston, MA 02119

+1 (425) 602-6222

How to Payoff PennyMac Mortgage Today: by bank card, money transfer, via ATM (36)

Freddie Mac

8200 Jones Branch Drive McLean, Virginia 22102-3110

+1 (800) 424-5401

How to Payoff PennyMac Mortgage Today: by bank card, money transfer, via ATM (37)

Lennar Mortgage

5505 Blue Lagoon Drive, Suite 502, Miami, FL 33126

+1 (888) 966-8262

How to Payoff PennyMac Mortgage Today: by bank card, money transfer, via ATM (38)

PrimeLending

18111 Preston Road, Suite 900 Dallas, TX 75252

+1 (800) 317-7463

How to Payoff PennyMac Mortgage Today: by bank card, money transfer, via ATM (2024)
Top Articles
Latest Posts
Article information

Author: Tish Haag

Last Updated:

Views: 6049

Rating: 4.7 / 5 (67 voted)

Reviews: 90% of readers found this page helpful

Author information

Name: Tish Haag

Birthday: 1999-11-18

Address: 30256 Tara Expressway, Kutchburgh, VT 92892-0078

Phone: +4215847628708

Job: Internal Consulting Engineer

Hobby: Roller skating, Roller skating, Kayaking, Flying, Graffiti, Ghost hunting, scrapbook

Introduction: My name is Tish Haag, I am a excited, delightful, curious, beautiful, agreeable, enchanting, fancy person who loves writing and wants to share my knowledge and understanding with you.