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Thread: Plastiq for rent, tuition, utilities, etc.(2018 onwards)
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Old Dec 10, 2019 | 6:42 am
  #672  
pkerr
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Originally Posted by gq533
I used to have a mortgage where they let me make multiple payments and once the full amount of the mortgage is paid, it gets packaged into one payment and pays my monthly mortgage. Unfortunately my new Mortgage holder BofA does not allow this. Does anybody know if there is a way for me to pay my mortgage at BofA with multiple payments? If I were to sent all the checks at the same time, will they package it up and pay the monthly mortgage? Currently, when I make a payment short of the monthly mortgage, it goes straight to principal.
I had / have this same problem at my bank. (U.S. Bank) I called them and asked about it and they said if they receive funds before the due date they apply it to principal. If after the due date they save them up until the total adds up to the required payment. YMMV
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