Fay Servicing Login & Payment Detailed Guidelines 2022
Fay Servicing Login & Payment Detailed Guidelines 2022. If you are wondering how to login into your Fay Servicing account, you’ve come to the right place. This post will meet your requirements about it. Additionally, we will show you how to sign up, recover your account, make your payment, and other info about Fay Servicing.
Stay tuned to know more details!
Overview of Fay Servicing
A mortgage lender and debt management company called Fay Servicing, LLC offers services for both performing and non-performing mortgages.
The company was established in early 2008 to solve the problems brought on by the escalating housing crisis, and we are dedicated to providing cutting-edge service options for both performing and non-performing mortgages.
Fay Servicing Products & Services
Each homeowner receives a personalized consultation from the company, which analyzes their spending patterns to provide them with a full picture of their mortgage. They now have a realistic sense of their long-term financial situation and what they can realistically expect from their mortgage.
The homeowner’s personal interaction with the business results in a personalized solution designed especially for them, taking into account their goals and needs as well as their long-term financial status. This method is intended to guarantee that they will be able to maintain their property and make their mortgage payments.
Following the creation of the tailored solution, Fay Servicing offers ongoing support to homeowners, enabling them to keep their property, continue to make their mortgage payments, and avoid defaulting on their loan.
Fay Servicing Fees
Please be aware that the fees indicated below do not necessarily apply to any other type of account, only if the mortgage loan is serviced by Fay Servicing, LLC. These charges could change.
| Fee Type | Fee Description | Fee Amount |
| Late Charge Fee (%) | A charge is imposed for a payment received after the deadline and the end of the relevant grace period | 0.00%–15.00%; Amount assessed in accordance with mortgage loan documents and applicable state law |
| NSF or Returned Check Fee | a cost incurred whenever Fay Servicing is necessary to assess the state of the mortgaged property | $0.00–$50.00; As allowed by applicable state law |
| Property Inspection Fee | A fee is charged when Fay Servicing is required to determine the condition of the mortgaged property | $12.50–$500.00; Varies by actual fees & costs |
| Property Preservation Fees & Costs | A cost associated with maintaining, repairing, and protecting the mortgaged property | $1.00–$2,500.00; Varies by actual cost incurred |
| Bankruptcy Fees & Costs | A cost associated with starting bankruptcy proceedings | $50.00–$1,150.00; Actual fees & costs as allowed by applicable state law or court of jurisdiction |
| Bankruptcy Attorney Fees | An amount charged to reimburse a bankruptcy lawyer for their services | $50.00–$1,150.00; Actual fees as allowed by applicable state law or court of jurisdiction |
| Foreclosure Attorney Fees | A payment was made to reimburse a foreclosure lawyer for their services | $653.00–$2,175.00; Actual fees & costs as allowed by applicable state law or court of jurisdiction |
| Foreclosure Fees & Costs | a cost associated with starting foreclosure proceedings | $653.00–$2,175.00; Actual fees & costs as allowed by applicable state law or court of jurisdiction |
| Litigation Fees & Costs | A cost incurred as a result of defending a borrower in court | $215.00–$10,000.00; Actual fees & costs as allowed by applicable state law or court of jurisdiction |
| Payment Convenience Fee | A cost associated with using an Agent to make a payment | $0.00–$15.00; As allowed by applicable state law |
| Recast Fee | A cost incurred when a loan is recast when a borrower makes a minimum reduction of $10,000. | $250.00; As allowed by applicable state law |
| Other Fees | When the borrower submits a request for payment, partial lien release, subordination, lien release, or other similar duty that is outside the scope of ordinary account service, the applicable state may charge a fee. | $0.00–$500.00; Varies as by request type |
Login Instructions to the Fay Servicing Account
Login Requirements
Before you may sign in to your Fay Servicing account, you need the following:
- Web URL for Fay Servicing Account Login.
- Username and password for Fay Servicing.
- Suitable web browser for the Fay Servicing login page.
- A dependable internet connection on a laptop, PC, smartphone, or tablet.
You may log in and start managing your account online with these pieces of information.
Let’s get this tutorial going and examine the Fay Servicing Login procedures. These are the ones listed below. Never overlook a step while logging onto your Fay Servicing account; follow the instructions below:
Login on Web
- Step 1: Visit Fay Servicing’s official website by clicking on the following URL: https://fayservicing.com/.
- Step 2: Click on the “Account Login” button on the top menu of the homepage to navigate to the login page.
- Step 3: Type your Username and Password and then tick “I agree to the user terms and privacy policy”.
After that, press “LOG IN” to login into your Fay Servicing account.
Login on App
Your entire loan information is in one app. View all of your balances, papers, payment history, and other information in one location.
Just follow the instructions below to login into your Fay Servicing account on the Fay Servicing Mobile Access app:
- Step 1: Download, launch and then open the Fay Servicing Mobile Access app on Appstore.
- Step 2: Enter your Username and Password. After that, click the “Log In” button to access your Fay Servicing account on the app.
Is it easy to carry out, right? Just do it now to login into your Fay Servicing account for its convenience.
Login Help?
If you have any problem in the process of logging into your Fay Servicing account, you can try its online chat for live, real-time access to one of its support specialists.
Additionally, you can call 1-800-495-7166 to speak directly to one of them for assistance, or contact them by mail at:
Fay Servicing
P.O. Box 809441
Chicago, IL 60680
How to Make Your Fay Servicing Payment?
Your monthly mortgage payment can now be made with cash or debit cards for a $4.99 vendor processing fee.
These are reachable by:
On the Fay website, use the Guest Pay option at www.paynearme.com/fayservicing.
- Accessed through the Payment Services section of the Fay website
Cash Payments at Retail Locations Participating:
- 7-Eleven
- CVS
- Walmart
- Using the PayNearMe Retail Payment Section
- $1500.00 per transaction, per day, is the note cap (24 hours)
Google Pay Wallet and Apple Pay
- Install PayNearMe to accept debit card payments
On monthly billing statements, a QR Code Debit Card Link
- Located on the second page of the billing statement when using your debit card to click to pay.
Mail:
- Mail payments to the address shown on your billing statement.
For Lockbox Payments
Fay Servicing, LLC
P. O. Box 814609
Dallas, TX 75381-4609
- For Payments
- Via overnight or Express Mail, and/or for Principal Curtailment or Escrow only payments
Fay Servicing LLC
Attn: Payment Processing
1601 LBJ Freeway, Suite 150
Farmers Branch, TX 75234
Phone:
- Please get in touch with your Account Manager or dial 1-800-495-7166 to make your payments.
- Please include the customer’s full name, loan number, email address, and phone number so that they may respond to your inquiry completely and accurately.
Fay Servicing Password Reset
If you have accidentally forgotten your Fay Servicing login password, adhere to the following instructions to reset it:
- Step 1: Open the following URL: https://fayservicing.com/ to move to the homepage of Fay Servicing.
- Step 2: Click on the “Account Login” button on the top menu of the homepage to navigate to the login page.
- Step 3: On the login page, tap on “Forgot Password” to move to the Password Recovery page.
- Step 4: Type your Username, SSN, and Email Address.
After that, click the “RECOVER” button and follow the next given instructions to reset your Fay Servicing password.
Fay Servicing Username Retrieval
If you can not remember your Fay Servicing login username, adhere to the following instructions to retrieve it:
- Step 1: Click the following URL: https://fayservicing.com/ to move to the homepage of Fay Servicing.
- Step 2: Tap on the “Account Login” button on the top menu of the homepage to navigate to the login page.
- Step 3: On the login page, press on “Forgot Username” to move to the Username Recovery page.
- Step 4: Type your SSN and Email Address.
After that, click the “RECOVER” button and adhere to the next given instructions to retrieve your Fay Servicing username.
Fay Servicing Account Registration Guidelines
The process to register a new Fay Servicing account is easy and simple to carry out, just follow the instructions given below:
- Step 1: Click the following URL: https://fayservicing.com/ to move to the homepage of Fay Servicing.
- Step 2: Tap on the “Account Login” button on the top menu of the homepage to navigate to the login page.
- Step 3: On the login page, press “Register Your Account” to proceed to the Find Your Account page.
- Step 4: Enter your Last Name, SSN, and Property Zip.
After that, hit the “NEXT” button and follow the remaining prompts on the website to create a new Fay Servicing account.
FAQs about Fay Servicing Login
How many loans does Fay Servicing have?
Fay was managing 123,400 loans worth $25.3 billion as of December 31, 2021, including 18,800 special serviced loans worth $4.7 billion. In addition, Fay provided primary servicing for 2,385 special serviced SBC loans worth $693 million and 4,149 SBC loans worth $864.4 million.
Does Fay servicing report to credit bureaus?
This initiative is made to offer short-term hardships temporary respite. They won’t impose late penalties or send negative information to credit bureaus throughout the forbearance period.
Why is Fay Servicing calling?
If you see them on your caller ID, Fay Servicing, LLC is attempting to contact you, probably to discuss an unpaid mortgage.
Hire a consumer attorney who can assist you in defending your rights if they continue with collection activities after you and they enter into a Settlement Agreement.
Conclusion
You can find all the information you need about your Fay Servicing account in this post. In order to accomplish this, you can log in, register, and recover your account. In order to help and save you some time, several FAQs have also been addressed.
We appreciate you reading the content. Census Outreach believes that this article will be useful to those of you who frequently use your Fay Servicing account for its convenience.
Hello! I’m Siea Adelaide.
I am the founder and CEO of the Censusoutreach Blog. I have a bachelor’s degree in finance from DEPAUL UNIVERSITY and seven years of experience in the Internet and finance fields.
I decided to bring financial knowledge and instructions on how to log in to an account to the public, so I purchased Censusoutreach.com and grew it into a famous Blog in the instruction topics.
