The automatic payment program at SC Housing is free. There is no fee or charge for this service. Within 30-45 days of receiving your signed authorization form and voided check, we will notify you by letter when your automatic payment program will begin. You must continue to send your mortgage payments by mail until you are notified.
If you would like to have payments automatically withdrawn from your checking or savings account, simply follow the steps below, or return the automatic payment form in your coupon book.
When you pay automatically, your mortgage terms remain the same. The only difference is you will save the cost and inconvenience of mailing a check every month.
Your payment will be drafted from your checking or savings account on the fifth (5th) of each month.
The monthly statement that you receive from your bank/financial institution will show the withdrawal from your account by SC Housing.