Important Information About Your Mortgage Payment
***Please note: online or phone payments made after 6:00 pm Monday-Friday will be applied the next business day. Payments made at any time on weekends and holidays will be applied the next business day.***
Our online payment system is not accurate for paying your loan in full. Please do not use this information to pay your loan in full, nor use our online payment system to pay off your loan – please request a payoff quote. These transactions will be processed the next business day and can result in additional fees.
Payments by check may also be made in person at our New Britain office. Please place your check with reference to your loan number, in the payment drop slot to the right of our door.
Visit us at One Liberty Square, 3rd Floor, New Britain, CT 06051 by scheduling an appointment.
In accordance with the requirements of the Consumer Financial Protection Bureau, we credit all periodic payments to the consumer’s account as of the day of receipt, except when a delay in crediting does not result in any charge to the consumer or in the reporting of negative information to a consumer reporting agency.
To save on the cost of your mortgage and to be environmentally conscious, we do not mail monthly mortgage statements to our customers. We use coupon books that are sent out to customers after their mortgage closing. For your first payment, please use the coupon you received at closing or in the servicing transfer notice.
What You Should Know About Your Monthly Mortgage Payment
All monthly payments paid by check must be remitted with a coupon to ensure quick processing of your payment to your account. Please use the address labels provided with your coupon book. We can better serve you through the proper processing of your payments if you will observe the following practices:
- Complete a coupon receipt to include with your payment. Download a coupon here. Please complete the coupon information and send it in with your check or money order to ensure your payment is promptly credited to your account.
- Please write your loan number clearly on the front of your check or money order.
- If you are paying an amount in addition to your required monthly payment, please indicate on the coupon how you want the additional funds applied (prepayment of future installment, principal payment, escrow payment, etc.). By default, all extra funds are applied to the principal balance on your loan once all outstanding fees and costs are paid.
- Payments by check may be made in person during regular business hours at our New Britain location. A mail slot/dropbox is located near our door on the right side of the third floor.
Late charges are assessed if we have not received your payment within 15 days of the date due. We cannot accept responsibility for any delays caused by the U.S. Postal Service. We request you mail your payment on or before the due date to avoid the possibility of incurring a late payment charge. The due date is the 1st of each month.
If a check is not honored by your bank and returned to us, we will charge an administrative fee of up to $30.00 per occurrence.
Government Assisted Loans
If a portion of your monthly mortgage payment is subsidized by HUD under a government-assisted loan program, you are allowed to deduct for Federal Income Tax purposes only that part, if any, of the mortgage interest payments made during the year that exceed the number of assistance payments made by HUD.
Condominium Fees or Homeowner Association Dues
Be sure to pay your monthly condominium fees. We do not pay condominium fees from your mortgage payment. The condominium association can foreclose on your property if you do not pay the monthly fee. Contact your condominium homeowners association if you are having trouble paying your fees. Make arrangements with them to make up the payments.
Credit Reporting Disputes
If you think that McCue Mortgage has made an error in reporting your mortgage payment history to the credit reporting agencies, please contact us in writing to resolve the issue. You can email us or send mail to:
The McCue Mortgage Company
Attn: Servicing Manager
P.O. Box 1000
New Britain, CT 06050-1000
Changing Your Name or Contact Information
Please be sure to provide us with the most up-to-date contact information including home phone number, mobile phone number, and email address.
If you have:
- Changed your name
We will also need an updated W9 and a copy of your name change documentation. Download the IRS standard W9 form.