How to Pay Your Amerihome Mortgage Loan
Where and how to send your Amerihome payment
Amerihome Mortgage Company accepts payments through several channels. The most common methods are online through their website or mobile app, by phone, by mail, or through automatic bank transfers (ACH). You can log into your Amerihome account at amerihome.com to see your loan details, due date, and payment options all in one place.
If you pay by mail, send your check or money order to the address listed on your monthly statement—this address may differ from Amerihome's main office. Mail payments take longer to reach your account, so send them at least 10 business days before your due date to avoid a late fee. Always include your loan number on the check.
Automatic ACH payments are the fastest way to ensure your payment arrives on time. You set up a recurring transfer from your bank account directly to Amerihome on a date you choose each month. This removes the risk of forgetting to pay and typically posts within one to two business days.
Key Takeaways
- Amerihome offers online, phone, mail, and automatic ACH payment methods, with online and ACH being the fastest.
- Your monthly statement shows the correct mailing address and your loan number, both required for mail payments to post correctly.
- Mail payments need 10 business days to arrive, so send them early to avoid late fees that begin the day after your due date.
- Setting up automatic ACH transfers removes the risk of missed payments and typically posts within one to two business days.
- Late payments damage your credit score and trigger fees, so contact Amerihome immediately if you cannot pay on time.
Setting up automatic payments through your bank or Amerihome
You can arrange automatic payments in two ways: through Amerihome's website or through your own bank. Both methods pull money from your checking or savings account on a date you select each month. Log into your Amerihome account, find the payment or autopay section, and enter your bank routing number and account number. Amerihome will verify the account with two small test deposits, usually within one to two business days.
Alternatively, contact your bank and ask them to set up a bill pay transfer to Amerihome. Provide your bank with Amerihome's payment address (from your statement) and your loan number. Your bank will handle the transfer on the date you choose. This method gives you control through your own banking system and lets you see the payment leave your account in your bank's records.
Either way, confirm that the first payment posts correctly by checking your Amerihome account online a few days after the scheduled date. If the payment does not appear, contact Amerihome customer service immediately to troubleshoot before your next due date arrives.
What happens if your payment is late
A payment is considered late the day after your due date passes. Amerihome will charge a late fee, which varies by state and loan type but typically ranges from a percentage of your monthly payment to a flat dollar amount. The late fee is added to your loan balance, meaning you owe more principal and will pay more interest over the life of the loan.
Late payments also report to the three major credit bureaus (Equifax, Experian, and TransUnion) and damage your credit score. A single 30-day late payment can lower your score by 100 points or more, depending on your current score and credit history. This affects your ability to borrow money, refinance, or even rent an apartment in the future.
If you know you cannot pay by the due date, contact Amerihome before the deadline. Some borrowers can arrange a short extension, a partial payment plan, or a loan modification. Amerihome is more likely to work with you if you reach out early rather than after you miss the payment.
Understanding your monthly statement and due date
Your Amerihome statement shows your loan number, current balance, the amount due, and the due date. The amount due includes principal, interest, property taxes (if escrowed), homeowners insurance (if escrowed), and mortgage insurance (if applicable). Your due date is the same each month—typically the first or 15th, depending on when your loan closed.
The statement also shows how much of your payment goes toward principal versus interest. Early in your loan, most of your payment covers interest. As years pass, more of each payment reduces your principal balance. This breakdown helps you understand how your payments build equity in your home.
Keep your statements or access them online through your Amerihome account. They serve as proof of payment and show your loan history if you ever need to refinance, sell your home, or dispute a payment issue.
Paying extra principal to reduce your loan faster
You can pay more than your required monthly payment at any time. Any amount above your regular payment goes directly toward principal, which reduces your loan balance and the total interest you pay over the life of the loan. Some borrowers pay an extra $50 or $100 each month; others make a lump-sum payment when they receive a bonus or tax refund.
Before you start making extra payments, confirm with Amerihome that there is no prepayment penalty on your loan. Most modern mortgages do not have prepayment penalties, but some older loans do. A prepayment penalty is a fee charged if you pay off the loan early, and it can erase the savings from paying extra principal.
To make an extra payment, log into your Amerihome account and select the option to pay more than your regular amount, or call customer service to arrange it. Specify that the extra amount should go toward principal, not toward your next month's payment. This ensures the money reduces your loan balance rather than just prepaying future interest.
Handling payment problems and contacting customer service
If a payment fails to post, if you are charged a fee you believe is incorrect, or if you need to discuss payment options, contact Amerihome customer service. You can reach them by phone (the number is on your statement), through your online account, or by mail. Have your loan number and recent statement ready when you call.
Common issues include ACH transfers that fail due to insufficient funds, payments that post to the wrong account, or confusion about escrow amounts. Amerihome can usually resolve these within one to three business days if you report them quickly. If a payment failed, ask whether Amerihome will waive the late fee if you pay immediately.
If you are struggling to make your full payment, ask about forbearance, loan modification, or other options. Amerihome may be able to temporarily reduce your payment, extend your loan term, or roll missed payments into your loan balance. These options exist to keep you in your home and avoid foreclosure, but you must contact Amerihome before you miss a payment to explore them.
Frequently Asked Questions
Can I pay my Amerihome mortgage with a credit card?
Amerihome does not accept credit card payments directly. However, some third-party payment processors allow you to pay your mortgage with a credit card for a fee, which is typically 2 to 3 percent of the payment amount. This fee often outweighs any credit card rewards you might earn, so it is usually not worth it unless you are in a financial emergency.
What time of day does Amerihome post online payments?
Online payments typically post within one business day, but the exact time varies. Amerihome processes payments in batches, so a payment made at 11 a.m. may post at a different time than one made at 2 p.m. To be safe, make online payments at least two business days before your due date.
If I pay twice in one month, will it reduce my principal?
Only the amount above your regular monthly payment reduces principal. If you pay your full regular payment twice, the second payment is typically applied to your next month's due amount, not to principal. Contact Amerihome and specify that you want extra money applied to principal, or make a separate payment labeled as a principal payment.
What should I do if Amerihome sends my loan to a new servicer?
Mortgage loans are sometimes sold or transferred to a different servicer. Amerihome will notify you in writing at least 15 days before the transfer. Your payment address, due date, and loan terms do not change, but you will receive statements from the new servicer. Do not stop paying during the transfer—send your payment to the address Amerihome provides until the new servicer confirms they have received your loan.
Can I change my due date with Amerihome?
Some lenders allow borrowers to change their due date, but policies vary. Contact Amerihome customer service to ask whether you can move your due date to align with when you receive income. If they allow it, the change typically takes effect within one to two billing cycles.