solascriptura Posted October 18, 2017 Share Posted October 18, 2017 I’ve been trying to figure out how to use my Credit card to pay my mortgage. I would love to accumulate cc points this way since it is such a large expense. Anyone have luck doing this?? Quote Link to comment Share on other sites More sharing options...
Χά�ων Posted October 18, 2017 Share Posted October 18, 2017 (edited) I’ve been trying to figure out how to use my Credit card to pay my mortgage. I would love to accumulate cc points this way since it is such a large expense. Anyone have luck doing this?? I was told it was not allowed. Pity because you are correct, it is a big expense and would result in a lot of point/rewards. Edited October 18, 2017 by Χά�ων 1 Quote Link to comment Share on other sites More sharing options...
Arcadia Posted October 18, 2017 Share Posted October 18, 2017 From Bankrate http://www.bankrate.com/mortgages/pay-a-mortgage-with-a-credit-card/ “A few mortgage companies still allow homeowners to make payments with credit cards, so check on whether yours is. If so, ask what fees are being charged. Specifically, look for “convenience fees†tacked on to the transaction. ... If you are determined to use a credit card to make a mortgage payment but your credit card company’s fees are too high to make it money smart, you can turn to a third-party servicer that will accept credit card payments and, in turn, pay your mortgage. Services like Tio charge a fee of 2 percent to 3 percent, depending on the size of your mortgage.“ 1 Quote Link to comment Share on other sites More sharing options...
marbel Posted October 18, 2017 Share Posted October 18, 2017 Yeah, I've asked that question many times. Would be so nice to get those points. But, no mortgage company I've ever dealt with allows for it. 1 Quote Link to comment Share on other sites More sharing options...
marbel Posted October 18, 2017 Share Posted October 18, 2017 Yeah, I've asked that question many times. Would be so nice to get those points. But, no mortgage company I've ever dealt with allows for it. Quote Link to comment Share on other sites More sharing options...
idnib Posted October 18, 2017 Share Posted October 18, 2017 (edited) It's usually not allowed. I have seen systems where people can pay their rent with a cc, but not mortgage. Our county allows credit cards for property taxes but adds the fee so one has to decide how badly they need/want the points. Edited October 18, 2017 by idnib Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.