I missed my mortgage payment by one day, what can I do?

If you missed your mortgage payment by a day, here’s what you can do:

Contact Your Lender: Reach out to your lender and explain the situation.

Make the Payment ASAP: Try to pay the missed amount right away to minimise any issues.

Check for Penalties: See if there are any fees for the late payment and be ready to pay them.

Consider Automatic Payments: Setting up automatic payments can help you avoid missing future payments.

Keep Talking: Stay in touch with your lender, especially if you’re having financial difficulties.

Keep an Eye on Your Credit: Make sure the missed payment doesn’t harm your credit score and dispute any errors if needed.

Taking these steps can help you manage the situation and prevent further problems.

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