My loan is through Ownit mortgage, I am afraid to send a payment since the doors are closed. What to do?

Should I wait to be contacted? Do I have to refinance?My loan is through Ownit mortgage, I am afraid to send a payment since the doors are closed. What to do?
Send the payment certified mail. You will get a receipt when it is delivered. If you're payment is late, it will go on your credit. Your payment will get to where it needs to go when you send it. Believe that all the attorneys are accounting for every dime that comes anywhere near that place.My loan is through Ownit mortgage, I am afraid to send a payment since the doors are closed. What to do?
send it to me, my door is wide open! haha

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I'm sure they owed money to someone who will assume their assets. The money you owed them being one of them I'm sure you will be contacted. If you're really concerned you can look into your options of refiancing. I'd wait and see. When did they close?





Who wrote your loan? Can you call them?
Even though OwnIt is no longer originating new loans, they are still servicing existing loans.





Send your payements as usual. If they sell it to another servicer, you will be notifiied.
Are u sure it closed.. do they have other branch offices ? I would assume another company would be taking over the loans.. You need to find out more information.. You dont want to be late on your mortgage payments... It will affect your credit and cost u fines... Find out as soon as you can!!
send it. they may be out of business, but your mortgage is still active but with another firm. it was either transferred or soled. if it's a govt loan, such as va or fha, they will just assign it to another company and you'll be notified of where to send further payments. just don't hold it, it will go against you as a late payment.
Ownit does not service any loans. They are a intermediary banker. You should get a letter in the mail from your servicer very soon. Hang tight. You must have just gone through a refinance recently. Correct me if i'm wrong. Send the payment if you need to send one. Your terms and more are federally insured.
SEND THE PAYMENT.





You still owe the money. Someone will be buying their entire portfolio of loans, and will be expecting payments. They are still collecting payments and servicing the loans, one way or another, while their bankruptcy/closure/sale is being completed.





You will not have to refinance. No way. Your loan and it's terms will not be affected in any way.





Just pay the payment the same way you have. It might be advisable to monitor your bank to make sure the check is clearing your bank in a reasonable amount of time. Sending it electronically might be a good idea, or sending it via certified mail, so you can have proof your payments are being made, in case some errors take place on their part during the transition.





Mortgage loans are bought and sold by banks all the time, and they usually handle it pretty well. This is a bit different, in that Ownit might be understaffed right now, which is why I recommend just a bit of caution and awareness on your part to protect your credit.





But simply not paying is not an option, not without damaging your credit. They'll sort it out, you'll get notices in the mail (open potential junk mail just in case it's your new mortgage servicer!!!).