Mortgage Loan Portal

Access your mortgage info, make payments, and submit payoff requests through the Mortgage Portal. To get started, just log in to Online or Mobile Banking and select your mortgage account.

Frequently Asked Questions

Accessing the Mortgage Portal

• Can I access the Mortgage Loan Portal outside of Online and/or Mobile Banking?
  • The Mortgage Loan Portal can only be accessed via Online and/or Mobile Banking using single sign-on. You do not need a separate username and password to access the Portal.



 

Payments

• Can I make a payment towards the principal only in the Mortgage Loan Portal?
  • Yes, you can make a principal-only payment in the Mortgage Loan Portal, providing you have made your current payment for the month. Once logged in, simply click on Payments > Payment Options > Auto Pay – One-time Payment. When the Payment Option screen displays, select Additional Payment from the Payment Type drop-down.
• Can I pay off my mortgage in the Mortgage Loan Portal?
  • Due to how payoffs are calculated and processed, you cannot pay off your mortgage loan through the Mortgage Loan Portal. You can call us at 812-855-7823 for instructions on how to pay off your mortgage.
• Can I make a partial payment in the Mortgage Loan Portal?
  • At a minimum, the Mortgage Loan Portal requires that you make a full payment. It will not allow partial payments.
• If I schedule a payment with a new payment account, is there any delay?
  • Yes, to comply with ACH rules, the Credit Union must validate each account number that is entered as a payment account. Please allow four (4) business days for this validation process. On business day five, the payment that you scheduled will be processed. Please keep in mind that this payment delay only applies when a new payment account is utilized.
• What is the daily payment cutoff?
  • On an existing payment account, if a payment is scheduled by 3:00 PM ET, the payment will be applied the same day. If the payment is scheduled after 3:00 PM ET, it will be applied the next day. Funds from your savings or checking account will be deducted on or after the payment date.
• How do I cancel a payment?
  • You can cancel the payment prior to 3:00 PM Eastern Time (ET) in the Mortgage Loan Portal. After 3:00 PM ET, same-day payments cannot be cancelled. If you need to cancel a future-dated payment, please contact a representative at 812-855-7823 or 888-855-6928 prior to the scheduled payment date.



 

Transaction History

• Can I access my transaction history in the Mortgage Loan Portal?
  • Yes, you can access your mortgage loan transaction history, including payments made from your Tax & Insurance (escrow) account. To access, click on Payments > Payment History. To see the details of the payment, click on View. It will accumulate 24 months of history.



 

Year-to-Date Information

• Can I access my year-to-date information in the Mortgage Loan Portal for tax purposes?
  • Yes, the Mortgage Loan Portal provides current year-to-date information. You can access it by clicking on Loan Details > Balances. You can toggle back and forth between Current Year-To-Date Totals and Previous Year-To-Date Totals.



 

Statements & Coupons

• Can I set up eStatements for my mortage loan?
  • Yes; however, IU Credit Union’s eStatement portal is within Online and/or Mobile Banking, not the Mortgage Loan Portal. If you already have your IU Credit Union account set up for eStatements, your Mortgage Statement will automatically be sent via eStatement as well. eStatements are maintained in the eStatement and Notice portal for two years.
    
    To enroll in eStatements, access eStatements & Notices within Online Banking by clicking on the eStatements & Notices tab, or click on More within Mobile Banking.
• How often will I receive my statement?
  • Mortgage statements will be generated monthly.
• Will I receive coupons for my mortgage loan?
  • The Credit Union does not generate a coupon book; however, there will be a payment coupon attached to the bottom of your monthly mortgage statement. For your convenience, we encourage you to make your payment electronically within the Mortgage Loan Portal. You can make a one-time or recurring payments.
• Can I request a Payoff Statement in the Mortgage Loan Portal?
  • Yes, simply click on Help & Support and select Payoff Request. The Payoff Statement will be available under Account Info > Documents once it has been processed. Please allow up to 3 business days for processing.