How do I schedule a payment for my mortgage using Online Banking?
To schedule a transfer within Online Banking, follow the steps below:
- From within Online Banking, Select the Transfers tab, then select Make a Transfer from the list.
- In the From drop down menu, choose the account to transfer the funds from and then choose your Mortgage loan within the To drop down menu.
- Select date for transfer, if different from date displayed
- If recurring is desired, check the Repeat transfer option
- Within the next window, enter the transfer frequency, and date to begin transferring funds and number of transfers then select Save
- Enter the Amount (The amount of transfer must be currently available in the account you are transferring from, even if payment is being scheduled for a future date.)
- Select the type of payment to be applied
- Make a regular payment
- Apply extra to principal (make a regular payment plus principal – advances the due date)
- Pay to principal (principal only payment – does not advance the due date)
- Enter a memo (optional)
- In this field, the use of special characters are limited to $ % ( ) . + =
- Select Make Transfer (Schedule Transfer if setting up a recurring transfer request)
A Transfer Funds Confirmation screen will appear and it may be printed for your records.