Will my automatic payment amount ever change?

In accordance with the terms of your loan, your monthly payment may change if certain situations arise, such as:

• You have an escrow account and your monthly escrow payment changes as a result of your annual escrow analysis.
• You have an adjustable rate loan and your interest rate changes as a result of a scheduled interest rate adjustment.

As part of the Auto Pay setup process, you authorize Homepoint to adjust the monthly Auto Pay as changes occur.