Mortgage company charging fee for online payment

[sdbuyer2010]

Hi,
We just bought our first house. I was setting up an automated payment for my mortgage through their website. They have an option to pay online. It is not an automatic payment, looks like I can make only a one time payment. So, I have to do it every month! And for that, I noticed that they are charging “Online processing fee” of $5 per payment! I am very surprised to see that… I was wondering if it is standard, do all mortgage companies do that? Is it legal fee? I appreciate if gurus here can shed some light…
Thanks!

[bearishgurl]

I pay my mortgage payment every month online thru my bank’s website (“online banking”) and I don’t get charged a fee. However, my mortgage is thru a direct lender who is actually another bank.

[bearishgurl]

I pay my mortgage payment every month online thru my bank’s website (“online banking”) and I don’t get charged a fee. However, my mortgage is thru a direct lender who is actually another bank.

[bearishgurl]

I pay my mortgage payment every month online thru my bank’s website (“online banking”) and I don’t get charged a fee. However, my mortgage is thru a direct lender who is actually another bank.

[bearishgurl]

I pay my mortgage payment every month online thru my bank’s website (“online banking”) and I don’t get charged a fee. However, my mortgage is thru a direct lender who is actually another bank.

[bearishgurl]

I pay my mortgage payment every month online thru my bank’s website (“online banking”) and I don’t get charged a fee. However, my mortgage is thru a direct lender who is actually another bank.

[Coronita]

It’s not standard. And if your mortgage company does it, please spill the beans and tell us which one so we can avoid it like a plague.

You could also open a checking account that has free bill pay to get around this.

[Coronita]

It’s not standard. And if your mortgage company does it, please spill the beans and tell us which one so we can avoid it like a plague.

You could also open a checking account that has free bill pay to get around this.

[Coronita]

It’s not standard. And if your mortgage company does it, please spill the beans and tell us which one so we can avoid it like a plague.

You could also open a checking account that has free bill pay to get around this.

[Coronita]

It’s not standard. And if your mortgage company does it, please spill the beans and tell us which one so we can avoid it like a plague.

You could also open a checking account that has free bill pay to get around this.

[Coronita]

It’s not standard. And if your mortgage company does it, please spill the beans and tell us which one so we can avoid it like a plague.

You could also open a checking account that has free bill pay to get around this.

[just someone]

Bank of Italy (aka Bank of America) charges nothing up until the 5 or 6th, then $3 til the 10th, then like $10 until the 15th, the official penalty date.

[just someone]

Bank of Italy (aka Bank of America) charges nothing up until the 5 or 6th, then $3 til the 10th, then like $10 until the 15th, the official penalty date.

[just someone]

Bank of Italy (aka Bank of America) charges nothing up until the 5 or 6th, then $3 til the 10th, then like $10 until the 15th, the official penalty date.

[just someone]

Bank of Italy (aka Bank of America) charges nothing up until the 5 or 6th, then $3 til the 10th, then like $10 until the 15th, the official penalty date.

[Author]

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