It is likely you received a monthly payment notice that is not intended solely as a payment billing. The minimum payment amount is re-calculated about the 18th of each month and the notice is mailed to advise you of the new payment amount that will be transferred from your share account and applied to your loan on the due date
What should I do if I received a monthly statement on my Home Equity Line of Credit but I requested Share-to-Loan transfer? Print
Modified on: Fri, 17 Jan, 2020 at 4:23 AM
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