How to Pay Your 21st Mortgage Mobile Home Loan
21st Mortgage payment basics
21st Mortgage is a lender that finances mobile homes and manufactured homes. When you have a loan through them, your payment goes to 21st Mortgage directly—not to a landlord or park owner. The payment covers principal (the amount you borrowed), interest, and sometimes property taxes or insurance if those are escrowed into your loan.
Your payment amount and due date are set in your loan documents. Most borrowers pay monthly, though some loans allow bi-weekly or other schedules. The due date is usually the same day each month—often the 1st or 15th. If you miss a payment or pay late, 21st Mortgage will report it to credit bureaus and may charge a late fee.
Before you set up payment, find your loan account number. It appears on your monthly statement, your loan agreement, or any correspondence from 21st Mortgage. You will need this number to make a payment or check your balance.
Key Takeaways
- 21st Mortgage accepts payments online through their website, by phone, by mail, or through automatic bank transfers (ACH).
- Your monthly payment covers principal, interest, and sometimes taxes or insurance—the exact breakdown is in your loan documents.
- Late payments trigger fees and credit reporting within days, so setting up automatic payment removes the risk of forgetting.
- If you cannot pay on time, contact 21st Mortgage before the due date to discuss options like deferment or loan modification.
- Property taxes and homeowners insurance are your responsibility even if they are not escrowed into your loan payment.
Payment methods 21st Mortgage accepts
21st Mortgage offers several ways to send your payment. The fastest and most reliable is automatic bank transfer (ACH), which pulls money from your checking or savings account on the due date each month. You set this up once through their website or by phone, and it continues until you cancel it. There is no fee for ACH, and you will not miss a payment by accident.
You can also pay online through their website using a debit card or bank account. Log in with your account number and password, enter the payment amount, and submit. Online payments usually post within one business day. Some borrowers pay by phone by calling 21st Mortgage's customer service line and providing payment information to a representative. Phone payments may carry a fee depending on the payment method you choose.
Mail payments are slower but still an option. Write a check or money order, include your account number on the check, and mail it to the address on your statement. Mail typically takes 5 to 10 business days to arrive and clear, so send it well before your due date to avoid a late fee. Never send cash by mail.
Setting up automatic payments to avoid late fees
Automatic payment is the simplest way to stay on schedule. Once you enroll, 21st Mortgage withdraws your payment from your bank account on the same day each month. You do not have to remember the due date, write a check, or log in online. If your bank account has enough money on that day, the payment goes through.
To set up automatic payment, log into your 21st Mortgage account online or call their customer service number. You will provide your bank account number and routing number (found on the bottom left of your checks). The first payment may take one or two billing cycles to begin, so do not assume it has started until you see it withdraw from your account.
If your income changes or you need to pause payments, you can adjust or cancel automatic payment anytime through your online account or by calling. However, cancelling automatic payment means you are responsible for making manual payments on time—if you forget, late fees and credit damage follow quickly.
What happens if you miss or are late on a payment
A payment is late if it arrives after your due date. 21st Mortgage typically charges a late fee once you are 10 to 15 days past due, though the exact timing depends on your loan agreement. The fee is usually a percentage of your monthly payment or a flat dollar amount—check your loan documents or statement to see what applies to you.
Within 30 days of a missed payment, 21st Mortgage reports the late payment to credit bureaus (Equifax, Experian, TransUnion). This damages your credit score and stays on your credit report for seven years. Even one late payment can lower your score by 50 to 100 points, making it harder to borrow money, rent housing, or get approved for credit cards in the future.
If you are more than 60 days late, 21st Mortgage may begin foreclosure proceedings to repossess the mobile home. This is a legal process that can take weeks or months, but it ends with the lender taking back the home and selling it. You lose the home and may still owe the difference between what it sells for and what you owe on the loan.
Options if you cannot pay on time
If you know you cannot make a payment, contact 21st Mortgage before the due date. Do not wait until you are late. Explain your situation—job loss, medical emergency, temporary income drop—and ask what options exist. Many lenders offer deferment, which allows you to skip one or more payments and add them to the end of your loan. Deferment does not erase the payments; it postpones them.
Another option is loan modification, which changes the terms of your loan—usually by extending the repayment period to lower your monthly payment. This takes longer to set up than deferment but can provide lasting relief if your income has permanently decreased. 21st Mortgage may also discuss a forbearance agreement, which temporarily reduces or pauses your payment while you recover financially.
If you are struggling with multiple debts, a credit counselor can help you create a budget and negotiate with lenders. The National Foundation for Credit Counseling (NFCC) offers free or low-cost counseling by phone or in person. Do not ignore the problem or ignore calls from 21st Mortgage—the sooner you reach out, the more options remain available.
Understanding escrow and property taxes in your payment
Some 21st Mortgage loans include escrow, which means property taxes and homeowners insurance are rolled into your monthly payment. 21st Mortgage collects this money each month and pays the taxes and insurance on your behalf when they are due. Your statement will show the breakdown: principal, interest, taxes, and insurance.
If your loan does not include escrow, you are responsible for paying property taxes and insurance separately. Failing to pay property taxes can result in a tax lien against your home, and failing to pay insurance can leave you unprotected if the home is damaged. Some mobile home parks require proof of insurance before you can occupy the lot.
Your property tax amount may change each year based on the assessed value of your home and your local tax rate. If taxes increase, your escrow payment may increase too. 21st Mortgage will notify you of any change to your monthly payment. If you own the land under your mobile home, you pay property taxes on both the home and the land.
Checking your balance and payment history
Log into your 21st Mortgage account online to see your current balance, payment history, and upcoming due dates. Your online account shows every payment you have made, which payments were late, and how much principal and interest you have paid versus how much remains. This information helps you understand how much longer you will be paying and how much of each payment goes toward owning the home versus interest.
Your monthly statement also contains this information. If you do not receive a statement or cannot access your online account, call 21st Mortgage's customer service line. They can mail you a statement or help you set up online access. Reviewing your account regularly helps you catch errors and stay aware of your loan status.
Frequently Asked Questions
Can I pay my 21st Mortgage loan early without a penalty?
Most 21st Mortgage loans allow early payment without penalty, but some older loans may have a prepayment clause. Check your loan agreement or call 21st Mortgage to confirm. If you can pay extra toward principal each month, you will pay off the loan faster and pay less interest overall.
What is the phone number to make a payment or check my balance?
21st Mortgage's customer service number is on your monthly statement and on their website. Have your account number ready when you call. Wait times vary, especially near the end of the month when many borrowers call to make payments.
If I pay online, when does the payment show up in my account?
Online payments usually post within one business day. If you pay on a Friday, it may not show until Monday. Always allow at least one business day before the due date when paying online to avoid a late fee.
What happens to my mobile home if I stop paying?
After 60 days of non-payment, 21st Mortgage can begin foreclosure to repossess the home. You lose the home and any equity you have built. You may also owe the difference between what the home sells for and what you still owe on the loan.
Can I refinance my 21st Mortgage loan with a different lender?
Yes, you can refinance with another lender if you have built equity and your credit is acceptable. Refinancing can lower your interest rate or extend your loan term to reduce your monthly payment. Contact other mobile home lenders to compare rates and terms before deciding.