CountryWide is one of the leading mortgage loan companies, servicing 3.3 million homeowners and has been in subsistence since 1969. Millions of Americans are having trouble with their mortgage payments as the economy slows and loans reset to higher rates so CountryWide Mortgage helps them. Here is mentioned all the information about CountryWide Mortgage Payment options and the process of Online bill pay for CountryWide Mortgage. The official website or homepage of CountryWide Mortgage Payment is www.bankofamerica.com.

About CountryWide:

Countrywide Financial is regarded as America's number 1 mortgage lender company. Countrywide financial offers a range of online mortgage loans like home equity loans, refinancing loans, consolidation of debts loans, reverse mortgage loans, etc. Countrywide has technology advances to serve its large customer base. Nowadays, Countrywide is very much automated so that it is recognized as “a technology company that happens to be in the mortgage business.”

CountryWide Mortgage Payment - Online Bill Pay for CountryWide Mortgage:

With Online Bill Pay plans for CountryWide Mortgage, you will have the flexibility to make payments that suit your living style and exclusive requirements.

If you first time own a home or want to purchase a larger home than you have at the present or you may own a single home or a multi-unit dwelling then you will be apprehensive regarding your payments and may be interested in Countrywide Mortgage Online payment options/plans.

You can make payments huge enough to save you great amounts of money in interest payments, make extra payments at your ease to pay off your loan faster, or have your payment drafts occur in concert with your paychecks.

There are 4 options/plans of Countrywide Mortgage Company for paying your mortgage automatically. They are as follows:

1. PayPlan/12
2. PayPlan/24
3. PayPlan/26
4. PayPlan/52

PayPlan/12: This online plan allows your payment to be automatically subtracted from your checking or savings account on particular date that you choose throughout the month. If you choose a date that is within the first 7 days of your payment grace period then there will be no charge for this service, but a fee of $2.00 or $4.00 will be applied for selected dates after a week into the grace period.

PayPlan/24: This plan gives you the option to decide on a bi-monthly Countrywide Mortgage. There will be a total of 24 semi-monthly drafts in a twelve month period as smaller payments may fit better with your lifestyle requirements. A fee of $4.00 per transaction will be applied and this service is not available for Home Equity plans.

PayPlan/26: This plan will automatically draft half of your payment amount every two weeks. There will be a total of 26 bi-weekly drafts in a 1 year period. After one year of participating in this plan, you will have made a corresponding of 13 payments. The extra funds that you paid are directly applied to the principal balance of your loan. A fee of $4.00 per transaction will be applied and this service is open exclusively for a fixed rate mortgage loan.

PayPlan/52: This online plan let you prefer weekly payment deductions. You will have made a counterpart of 13 payments after one year of participating in this plan. The extra funds that you paid are directly applied to the principal balance of your loan. A weekly rate of $ 2.00 is applied and this service is only for fixed rate mortgages loans.

Please Note: Countrywide mortgage online payments can also be made from varied financial institutions like Quicken or Ms Money and numerous online banking services like USPS.com and Yahoo.com. E-Statements are accessible with all Countrywide Mortgage Online Payment options.

Contradictory details: [link]

BOFA 1-800-669-6607 says Attn: Payment Processing, P.O Box 10219, Van Nuys, CA 91410-0219

Not

Physical Address: Remit regular payments to:

Attn: Payment Processing
P.O. Box 660694
Dallas, TX 75266-0694 Countrywide Home Loans

Attn: Payment Processing
7105 Corporate Drive PTX-B36
Plano, TX 75024-3628

Source: http://www.countrywide-mortgage-online-payment.co.cc/

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