Bitch, Rant, Complain...

[Altitude]

Originally Posted by KCALB SIRAY

I go out to pay my mortgage during lunch time. Get to the bank, pull out "cash", for a payment and a half. Hand it to the teller and give them my mortgage account number. The teller says to me, we can't make the payment. Why, you might ask? Because it's not a complete payment, they don't take partial payments. WTF, my head cocks to the side and looks oddly at them. I'm trying to give them more money that they are asking for and they can't take the money I owe them, basically their money, lol. Long story short, they won't take partial payements even though I was giving more. If you have Well Fargo or Wachovia, I'd suggest a refi. with someone else. The oddest thing I have ever delt with in banking.

I don't know of any mortgage company that takes partial payments. Any excess is usually designated as "principle only" and doesn't get applied to your payment cycle but instead reduces the principle balance.

Was your intention to make a principle payment or pay half of next months mortgage?

[KCALB SIRAY]

Originally Posted by Altitude

I don't know of any mortgage company that takes partial payments. Any excess is usually designated as "principle only" and doesn't get applied to your payment cycle but instead reduces the principle balance.

Was your intention to make a principle payment or pay half of next months mortgage?

it would have gone to the principle