For many homeowners, the monthly mortgage payment is one of the largest and most important bills. Making loan payments on time and keeping your home loan account up to date is essential. Shoreham Investment Bank offers various convenient ways for customers to pay their home loan bills.
In this comprehensive guide, we’ll look at the payment options available, tips for avoiding late fees, and how to set up auto-pay for maximum convenience Whether you prefer paying online, by phone, or by mail, Shoreham Investment Bank has a solution to fit your needs
Overview of Shoreham Investment Bank
Shoreham Investment Bank is an FDIC-insured community bank that offers a range of banking and lending services to customers across the region. Based in Rhode Island, Shoreham Investment Bank has been serving local communities since 1946.
In addition to personal and business banking, Shoreham Investment Bank provides residential and commercial lending solutions. This includes home loans, home equity products, auto loans, and business financing options.
Payment Options from Shoreham Investment Bank
As a Shoreham Investment Bank home loan customer. you have several options for making your monthly mortgage payments
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Online Banking – Schedule one-time or recurring payments through Shoreham Investment Bank’s online banking platform.
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Mobile Banking App – Use the Shoreham Investment Bank mobile app to pay your mortgage on the go.
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Pay by Phone – Call Shoreham Investment Bank’s automated telephone banking line at 888-500-6025 to make quick payments.
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Mail – Send physical check payments to the remittance address listed on your monthly statement. Allow 4-7 days for processing.
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In Person – Visit any Shoreham Investment Bank branch location and make payments in person.
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Auto Pay – Set up recurring automatic mortgage payments from your Shoreham Investment Bank checking account on your loan due date
Tips to Avoid Late Mortgage Payments
When you have a home loan, paying your mortgage on time is essential. Here are some tips to help avoid costly late fees:
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Enroll in auto pay – Setting up automatic payments is the easiest way to ensure your loan stays current.
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Note your due date – Make sure you know when your exact monthly due date is. Mark it on your calendar.
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Allow mailing time – If paying by check, mail at least 7-10 days before your due date to account for postal delays.
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Go paperless – Opt into e-statements to get instant access to your billing statements each month.
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Set payment reminders – Use automatic calendar reminders so your mortgage doesn’t sneak up on you.
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Review statements promptly – Verify your statement balance each month so you know exactly how much is due for auto pay.
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Have backup payment plans – Keep alternative payment methods on hand in case your primary option fails.
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Automate transfers – If funding payments from another bank account, automate the transfer to occur on your due date.
How to Set Up Automatic Mortgage Payments
Enrolling in Shoreham Investment Bank’s auto pay program is the easiest way to stay on top of your home loan payments. Here is how to get started:
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Log into your Shoreham Investment Bank online banking account.
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Under “Account Services,” select the “Payments” tab.
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Choose your home loan account.
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Enter your desired monthly autopay amount. This is usually your full monthly mortgage payment.
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Select the end date for auto pay or choose to continue until you cancel.
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Confirm the Shoreham Investment Bank account you want payments withdrawn from.
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Review and submit your auto pay enrollment request.
Once submitted, Shoreham Investment Bank will automatically deduct your mortgage payment on your loan due dates going forward. Sign in to online banking to check or adjust future payments.
Paying Your Mortgage Should Be Simple
Never stress about forgetting a mortgage payment again. Shoreham Investment Bank offers flexible options like online banking, auto pay, pay by phone, mobile app payments, and in-person branch visits. Paying your home loan on time is essential – avoid headaches and late fees by enrolling in auto pay today.
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We opened our doors in 1959, serving the community of Rhode Island as a mortgage lender under the name Home Loan & Investment Association. On March 15th, 2024, we officially changed our name to Shoreham Bank. As the tides have come and gone, our customers, our business partners, and our company have grown significantly. With our product offerings reaching far beyond just mortgages, our name no longer reflects the products we offer to our community. Welcome to Shoreham Bank!
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Who To Know: Home Loan Investment Bank
FAQ
What was Shoreham Bank called before?
When we first opened in 1959, we were called Home Loan and we lent money to people in Rhode Island for mortgages. On March 15th, 2024, we officially changed our name to Shoreham Bank.
How do I make INB loan payments?
Make INB loan payments here. Call 217-747-8633 | INB Payment Amount Payment Amount is required. Not a valid payment amount. (Only digits and decimals allowed). Payment Type Payment Type is required. Loan Type Loan Type is required. Primary Borrower’s Last Name Borrower Number is required.
What is a Home Loan Investment Bank?
Home Loan Investment Bank gives homeowners the financing they need to increase the value of their home. They also offer loan coverage in all 50 states. You can borrow up to $65,000 with no pre-payment penalties and you’ll be getting low fixed rates.
How do I receive same-day credit for my home equity line payment?
If you want to get credit for your Home Equity Line payment the same day you make it, look at the back of your statement. Cash Reserve, Flex Loan payments or payoffs may not be made using this payment method. You can find out how to pay these kinds of loans on your statement, call INB at 217-747-8633, or email [email protected]. com.
How much does it cost to pay a home loan?
$10. 00 fee, unless state law, the rules that apply, or your loan agreement say otherwise. Toll-free: 800-919-0068 Payments by mail: Write down your loan number on the check. O. Box 679118 Dallas, TX 75267-9118.
How do I make a Kearny Bank loan payment?
To save time and money every month, pay your Kearny Bank loan online from your computer or phone. Payments made by 7 pm EST Monday – Friday are processed same-day. If you pay after 7 p.m. EST Monday through Friday, or on a bank holiday, the payment will be posted the next business day. To make a payment, you need the following information:
How do I contact Investment Savings Bank?
1-800-554-8969. 1-800-325-3678. 1-800-299-9842. All Rights Reserved. Investment Savings Bank – Creating a Simply Better Banking Experience. Call ISB in Altoona, PA (814) 944-0843 or (814) 695-7551 in Duncansville, PA.
