How to Write a Check for Mortgage Payment

Making a mortgage payment by check remains a relevant option for many homeowners, even with the prevalence of digital payment methods. Understanding how to properly complete and submit a physical check ensures your payment is processed accurately and on time. This traditional method provides a tangible record of your transaction, offering a sense of security for this financial obligation.

Gathering Necessary Information

Before beginning to write your mortgage check, it is important to gather all the required details to ensure accuracy. Locate your most recent mortgage statement, which lists the exact name of your mortgage servicer (the payee), the precise payment amount due, and your unique mortgage account number.

The statement also provides the correct mailing address for submitting payments. Some mortgage servicers include specific instructions for the memo line, such as “Account #[Your Account Number],” which helps ensure the payment is credited to the correct loan. Having all these details readily available helps prevent errors and potential payment delays.

Completing the Check

With all the necessary information at hand, fill out your check accurately. Write the current date on the designated line. On the “Pay to the Order of” line, write the full and exact name of your mortgage servicer as it appeared on your statement.

In the small box to the right of the payee line, write the numerical payment amount due, ensuring it includes both dollars and cents (e.g., “$1,234.56”). Below this, on the line designated for the written amount, spell out the payment amount in words, followed by the cents as a fraction over 100 (e.g., “One thousand two hundred thirty-four and 56/100 dollars”). On the memo line, clearly write your mortgage account number; this helps your servicer properly apply the payment. Finally, sign your name on the signature line.

Submitting Your Payment

Once the check is fully completed and signed, prepare it for submission to your mortgage servicer. Place the check inside a standard business envelope. Consult your mortgage statement to confirm the precise mailing address for payments, as using the correct address is paramount for timely delivery.

Many mortgage servicers include a payment coupon or a detachable portion of your statement designed to be sent along with your check. Including this coupon helps ensure your payment is quickly and accurately matched to your account. It is advisable to mail your payment several business days before the due date, accounting for potential mail delivery times which can range from three to seven business days, and allowing for processing by the servicer. Keeping a record, such as a photocopy of the completed check or a notation in your personal financial ledger, provides valuable documentation.