Get Sovereign Bank Bi Weekly Mortgage Payment Form

Filling out the Sovereign Bank Bi Weekly Mortgage Payment Form online is a straightforward process that allows users to set up automatic payments for their mortgage. This guide provides detailed, step-by-step instructions to help users complete each section of the form with confidence.

Follow the steps to fill out the form online effectively.

1. Click the ‘Get Form’ button to obtain the Sovereign Bank Bi Weekly Mortgage Payment Form and open it in your preferred online editor.
2. In the 'Authorization' section, fill in your Sovereign Bank Mortgage Loan Number and your name or names in the designated fields. Enter a contact telephone number for any follow-ups.
3. Next, indicate your payment date preferences. If you have a bi-weekly loan, your payment will be debited on the due date. For loans due on the first day of the month, select whether you want your account debited on the 1st, 5th, or 10th by checking the appropriate box.
4. For loans due on any other day, you may select a due date or five or ten days after the due date for auto payments. Specify the start date for your automatic payments, ensuring to allow 15 days for processing.
5. In the 'Payment Amount' section, input the amount of your monthly mortgage payment, which may change with an adjustable-rate mortgage or escrow adjustments. If you wish to make additional principal curtailments, provide that amount as well.
6. Provide bank account information by entering the name of your bank, branch location, city, state, and zip code. Include the routing and transit number, which is typically found on the lower left side of a check.
7. Choose the type of account (checking or savings) and provide the corresponding account number. If you select a checking account, remember that a voided check must be attached; for a savings account, a deposit slip with the MICR line must be included.
8. Review the authorization agreement by reading the statements about continuity of authorization, E-Pay activation notifications, and insufficient funds. Ensure you understand these terms.
9. Sign and date the form where indicated for both account holders, if applicable.
10. Finally, save your changes, download, print, or share the completed form as needed, and return it to the designated address provided on the form.

Complete your Sovereign Bank Bi Weekly Mortgage Payment Form online today to streamline your mortgage payments.