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Can my mortgage payment automatically be drafted from my checking or savings account?
Yes, mortgage payments can be automatically drafted by signing up for our Autopay service or Flexible Payments (Biweekly Drafting) service within Mortgage Manager.
With Autopay, your mortgage payment draft will occur on the specified date each month or the next business day if the specified day is a non-business day.
With Flexible Payments, a borrower is allowed to make half-payments every two weeks and apply these payments as a full monthly payment once a month.
The following information will help you in setting up automatic payments:
- Enroll in Autopay - How to Enroll in Autopay guide
- Set up Flexible Payments - To learn more on how to enroll contact Mortgage Servicing at 1-866-853-3277.
While Mortgage Manager is the simplest way to set up automatic payments, you can also download and return the Mortgage Loan Auto Pay form. This form can be returned to a banking center, mailed to PO Box 3789, Evansville, IN 47736 or emailed to mortops@oldnational.com to set up automatic payments.
If you need assistance setting up an automatic loan payment or want us to mail an auto pay form to you, please contact Mortgage Servicing at 1-866-853-3277 or visit any Old National banking center.
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Here Are the Biggest Tax Law Changes to Look Out for This Year
As yet another tax-filing deadline approaches, taxpayers who want to maximize their return (or minimize how much they owe Uncle Sam) would be wise to get familiar with a handful of key changes taking effect this year. The good news is the tax code didn’t undergo a massive overhaul in 2019. Moreover, some of the changes
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What is the meaning of ACH transactions or transfers?
ACH stands for Automated Clearing House. These transactions are made through a nationwide electronic network that facilitates the transfer of funds between U.S. financial institutions. You can either receive an ACH credit to your account or have an ACH debit taken from your account.
While this may seem complicated, you could already have experience with ACH transfers. For example, if you’ve ever set up direct deposit for your paycheck, you’ve been paid via ACH transfer, also known as receiving an ACH credit.
If you’ve ever paid a bill by providing your bank account and routing number, you’ve made a payment via ACH transfer, also known as having an ACH debit taken from your account.
The benefit of ACH transfers is their speed and reliability compared to paper checks. If you’d like to use your Old National account for ACH debits or credits, our routing number is 086300012.
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What is a Trusted Contact? Do You Need One?
If you’ve not heard of the idea of a “trusted contact” for your brokerage account, you’re not alone. It’s a relatively new concept: In 2018, the
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How to Build a $2,500 Emergency Fund by 2025
Having money set aside for emergencies can give you peace of mind. Follow these steps to build a $2,500 emergency fund in just a few months
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Six Things to Know About HSAs
A health savings account can be a great way to set pre-tax dollars aside for medical expenses. Here are six things you should know about HSAs in order to take advantage of them
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5 Proven Strategies to Keep Your Credit Card Safe From Fraud
With credit card fraud increasing, it's critical to keep your cards and money safe. This article offers 5 strategies to help reduce your risk
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Building a Home? This Could Be Your Biggest Budget Buster
When you build a home, your builder will give you an up-front quote for the cost of construction.
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Bringing Employees Back To Work In The Coronavirus Reopening
Businesses that are reopening, or expanding from a skeleton crew, are finding employees sometimes hard to bring back to work. The most successful companies develop a flexible strategy for reemployment of their workers. Why won’t employees come back? A variety of reasons includes unemployment benefits, child care, healt
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Worried About Social Security Cuts? 2 Moves to Make Right Now
It's no secret that Social Security has been struggling financially for years. It's long been a hot-button topic in Washington, and more retirees are