Streamline Your Mortgage Payments with Lakeview Loan Servicing Bill Pay

Paying your mortgage on time each month is crucial for maintaining good credit and avoiding late fees. For many homeowners enrolling in an automatic bill pay system through their mortgage servicer can take some of the stress out of ensuring payments are made on time. Lakeview Loan Servicing offers a simple online bill pay option for the mortgages they service providing a convenient way for borrowers to set up and manage automatic payments. In this article, we’ll explain how Lakeview Loan Servicing bill pay works and outline the key benefits of using it for your monthly mortgage payments.

How Lakeview Loan Servicing Bill Pay Works

Lakeview Loan Servicing provides mortgage servicing for loans on behalf of various lenders and banks. If your mortgage was originated or sold to another company but Lakeview is listed as the servicer on your monthly statements, you can use their online portal to enroll in automated bill pay.

To start using Lakeview Loan Servicing bill pay, you first need to create an account on their website. You can do this by going to lakeviewloanservicing.com and clicking on “Create an Account” at the top right. Provide some basic personal information to validate your identity.

Once your account is created, you can log in and navigate to the payments section. Here you’ll find options to make one-time payments as well as set up recurring automatic withdrawals from either your bank account or debit card.

When setting up automatic bill pay, you can choose the amount and date for your monthly mortgage payments. Lakeview Loan Servicing offers flexible options such as bi-weekly payments and adding extra principal to regularly scheduled payments. You can also view payment history and change or cancel scheduled payments within your account.

Some key things to know about Lakeview Loan Servicing bill pay

• No setup fees – It’s completely free to enroll and use their online bill pay system
• 24/7 account access – You can manage payments and account details whenever it’s convenient for you
• Payment reminders – Opt in to receive email or text alerts before upcoming withdrawals
• Late fees avoided – Automated payments are always on time, protecting your credit and avoiding penalties

Benefits of Paying Your Mortgage Online

Taking advantage of Lakeview Loan Servicing’s online bill pay system offers many benefits that can make your life easier when managing monthly mortgage payments

It’s more convenient

You don’t have to worry about mailing checks or remembering payment due dates every month. Everything is handled automatically based on the schedule you set up.

Payments are always on time

Late mortgage payments can damage your credit score and lead to expensive penalties and fees. With automated bill pay, your payments will always be withdrawn on the date you specify so you never have to think about it.

Avoid late fees

As mentioned above, late payments come with fees – often a percentage of your monthly mortgage amount. Setting up automated bill pay takes the human error element out of paying bills on time.

Works with your budget

The flexibility to choose payment amounts and timing means Lakeview Loan Servicing bill pay can accommodate whatever works best for your monthly budget.

Money stays in your account longer

Instead of sending a check that clears right away, automated payments won’t be withdrawn until the date you specify. This allows that money to remain in your checking account continuing to earn interest longer.

Track payment history easily

Within your Lakeview Loan Servicing account, you can view past payments and print yearly payment summaries for tax purposes. No need to keep paper records.

Make extra principal payments

Paying extra toward your mortgage principal each month can help you pay off your loan faster and reduce interest costs over time. Bill pay provides an easy way to add additional principal.

Manage everything in one place

Your Lakeview account provides access to make one-time payments, set up recurring payments, modify payment settings, change your account details, and more.

How to Sign Up for Lakeview Loan Servicing Bill Pay

If you want to simplify your monthly mortgage payments, signing up for Lakeview Loan Servicing automated bill pay only takes a few minutes. Just follow these steps:

1. Go to lakeviewloanservicing.com and click “Create an Account” to set up your online profile if you haven’t already.

2. Once logged into your account, choose “Make a Payment” from the menu and then select the “Pay from Your Bank” option.

3. Select whether you want to make automatic recurring payments or a one-time payment only.

4. Enter the bank account information you wish to use for automated payments.

5. Pick the date and payment amount for withdrawals each month.

6. Review payment settings and submit to complete enrollment. An email confirmation will be sent.

7. Payments will now be automatically withdrawn on the date you specified moving forward.

It’s quick and easy to start enjoying the convenience of automated mortgage payments. Lakeview Loan Servicing bill pay also provides peace of mind knowing payments are always on time. Sign up today if you’re looking for a stress-free way to manage monthly mortgage obligations.