Frequently Asked Questions
Your first payment should be made in the form of a check or money order and mailed and payable to:
HabTex Mortgage
PO Box 850
Buda, TX 78610
Upon successful loan transfer, you will soon receive a welcome letter that will give you information about how to log in to the website to look at your loan and make a one-time payment. You will also receive information about setting up recurring payments from your bank, and you will receive payment coupons.
HabTex Mortgage does not accept cash. Acceptable forms are: checks, cashier’s checks, or money orders and should be mailed and payable to our PO Box Address above.
ACH Payments are also accepted online.
Recurring payments can be set up by filling out the ACH authorization form that is included in the welcome letter or by downloading one on our Home Page or this page. Please fill out the form in its entirety and mail it to our PO Box.
Nothing will change other than who you will make payments to.
Texas’ unemployment system is confusing and frustrating. Learn more on how to navigate it.
If your unemployment benefits have ended and you have not returned to work, please contact us. We can work with you to make a payment plan that makes sense.
We’re committed to helping you build a strong financial future. As part of this commitment, we report your mortgage payment timeliness to all three major credit bureaus: Equifax, TransUnion, and Experian. Maintaining timely payments is essential, as it positively impacts your credit score, which affects your ability to secure loans and the interest rates you receive.
Tips for How to Strengthen Your Credit Score:
- Pay bills on time: Consistent, on-time payments help build a positive credit history.
- Reduce outstanding debt: Keeping credit card balances low can improve your score.
- Avoid opening too many new accounts: Multiple credit inquiries within a short period can negatively affect your score.
Check and Monitor Your Credit Report: You’re entitled to one free credit report every 12 months from each credit bureau under the Fair and Accurate Credit Transactions Act (FACTA). Click here to access your free credit report. Reviewing your credit report regularly allows you to correct any errors and protect your credit identity.