Your New Mortgage
Your New Mortgage
The Importance of Your Loan Number
Your loan number serves as your identification. Please be sure to write your loan number on all checks and correspondence. We also ask that you have it close by when you call so that we can serve you more quickly and accurately.
If Your Loan Was Transferred
Transfers of mortgage loan accounts are commonplace in our industry; they happen all the time. But having an individual mortgage loan transferred is a new experience for most of our customers. We understand that you will have questions and concerns:
- Will the terms of your loan change?
- Where do you send your check?
- Do you have a new loan number?
- Are there new payment requirements?
Your Terms Stay the Same: The terms and conditions of your original mortgage contract have not changed. They are exactly the same as they were before. The amount of your monthly payment remains the same and so does the maturity of your loan.
Pay the Full Amount: Your payment should be mailed to SC State Housing Finance and Development Authority, P.O. Box 63008, Charlotte, NC 28263-3008.
You Have a New Loan Number: As previously mentioned, your mortgage loan may have been one of many transferred to SCSHFDA. The transfer was routine. It doesn’t reflect any problems with your account. When we received your loan, we assigned you a new loan number. It is listed on each coupon in your new coupon book.
Know Your Payment Due Date: Mortgage payments are due on the first day of each month. Be sure to check your coupon book or your mortgage for your specific date. Payments received after the 16th of the month will be considered late. Please allow for mail time when sending payments. Also, please note that payment due dates will not be changed.
Equal Housing Opportunity