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Updated almost 7 years ago,
Taking mortgage payments online
- Can anyone recommend a good website/company for taking mortgage payments online, for owner financed notes? I'd prefer only do check or debit card payments.
- I'd also like to hear what other investors do too.
Please do not recommend that I use Paypal, or my own bank (I've been there, done that, and prefer not to go that route as of now). ;)
Right now - I take online RENTAL payments for my different LLCs that rent real estate, via rentpayment.com, and it works great. But they *cannot* take payments for my mortgages/notes, which sucks. Its automated, I can run reports and the money is wired directly to the right bank account for the correct LLC. They take debit cards & checks for a very minimal fee to me (its free to the tenant), but ... at the renter's expense they can pay with a credit card over the phone, pay with a credit card online OR even do something like Western Union. You can actually customize the different ways the tenants pay you, which is cool. I'm hoping to find anything remotely similar, but for mortgages.