It can be easy to accidentally pay your mortgage twice if you’re not careful. Maybe you set up automatic payments and then make a manual payment on top of that. Or maybe you meant to pay half now and half later, but you wound up paying the full amount twice. Whatever the case may be, don’t worry – this is a mistake that can easily be fixed.
If you accidentally paid your mortgage twice, the first thing you should do is call your bank or mortgage lender. They’ll be able to tell you whether or not the second payment was processed and, if so, will arrange for a refund. In most cases, you’ll simply have to wait for the refund to process, which can take a few days or weeks.
If you accidentally paid by check, things may be a little more complicated. You’ll need to cancel the check, which can be done by contacting your bank or the company that issued the check. Once the check is canceled, you should receive a refund within a few days. If you paid by credit card, you can usually dispute the charge with your credit card company and receive a refund that way.
Conclusion:
Accidentally paying your mortgage twice is easy to do but it’s also easy to fix. Simply call your bank or mortgage lender and they’ll arrange for a refund. If you paid by check, you’ll need to cancel the check. And if you paid by credit card, you can dispute the charge with your credit card company. In most cases, you should receive your refund within a few days.
