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Sovereign Mortgage Servicing FAQs

 
What are the loan servicing fees?
item Amortization Schedule $15.00—First one is FREE
item Copy of Loan Documents $10.00 per page
item Duplicate Annual Statement $20.00
item Duplicate Escrow Analysis $20.00
item Fax Requests $20.00 each occurrence
item Research $25.00 per hour
item Return Check $30.00
item Revised Escrow Analysis $20.00
item Verification of Mortgage $20.00
item Property Inspection $18.25 Delinquent
$35.00 Insurance
item Telephone Inquiry $2.00
How do I drop my Private Mortgage Insurance (PMI)?
To drop your PMI, you will need to send a written request. Once we receive your request, you will receive written notification of your eligibility along with other application information.

Fax: 888-534-3190, Attn: PMI Team

Mailing Address:
Sovereign Bank
PMI Team
10-421-IN2
450 Penn St
Reading, PA 19602
How do I make my residential mortgage payment by phone?
Please call 800-232-5200 with your residential mortgage and deposit account information ready.
Can I change my payment due date?
The current first mortgages do not have an option to change the due date.
Why did my payment amount go up?
Please contact our Mortgage Customer Service Team at 800-232-5200.
How do I receive my coupon book?
You can order a coupon using our automated system or email service. Please call 800-232-5200 or email us at: mortserv@sovereignbank.com.
How do I get a copy of my end of year statement?
If you are an Online Banking customer, you can access your 1098 Year-End Tax Statement through Online Banking.

You may also contact our Mortgage Customer Service Team at 800-232-5200 or email us at: mortserv@sovereignbank.com.
How do I get a copy of my original settlement documents?
Please send a written request along with a $10.00 (per page) check payable to Sovereign Bank to the following address:

Sovereign Bank
10-421-CN2
450 Penn St
Reading, PA 19602

Once the check along with the written request is received your documents will be processed for mailing.
How can I get my 12-month history statement?
You can order a 12-month history through our automated system by calling 800-232-5200 or by emailing us at: mortserv@sovereignbank.com.
What is my pay off?
To obtain a pay off quote, please send a written request by fax or mail.

Fax: 888-433-8779, Attn: Pay Off Team.

Mailing Address:
Sovereign Bank
Mortgage Pay Off Team
10-421-CN2
450 Penn St
Reading, PA 19602
Where do I send my tax bill?
You can fax or mail your tax bill. (Please include your loan number.)

Fax: 817-826-0999

Mailing Address:
Sovereign Bank
P.O. Box 961286
Fort Worth, TX 76161-0286
Where do I send my insurance bill?

You can fax or mail your insurance bill. (Please include your loan number.)

Fax: 513-388-5189

Mailing Address:
Sovereign Bank
ISAOA ATIMA
P.O. Box 628
Amelia, OH 45102

How do I set up an escrow account?
You will need to fax or mail a written request to add an escrow account.

Fax: 888-534-3190, Attn: Escrow Team.

Mailing Address:
Sovereign Bank
Escrow Team
10-421-ES2
450 Penn St
Reading, PA 19602
How do I drop my escrow account?
Please fax or mail a written request stating exactly how you would like to change your escrow account. The escrow team will review your eligibility and respond to your inquiry.

Fax: 888-534-3190, Attn: Escrow Team.

Mailing Address:
Sovereign Bank
Escrow Team
10-421-ES2
450 Penn St
Reading, PA 19602
How do I set up automatic payments from my checking or savings account?
Please call our toll free number or email us at: mortserv@sovereignbank.com for the electronic payment form to be mailed to you.
How can I update my mailing address?
To update the mailing address on your residential mortgage account, you can:

Fax: 877-433-8779

Phone: 800-232-5200

Mailing Address:
Sovereign Bank
10-421-CN2
450 Penn St
Reading, PA 19602
How can I correct my Social Security Number?
You will need to send a written request to Sovereign Mortgage Service Center by mail.

Mailing Address:
Sovereign Bank
10-421-CN2
450 Penn St
Reading, PA 19602
How can I update my name from a Marriage/Divorce?
You will need to send a copy of your Marriage License/Divorce Decree by mail.

Mailing Address:
Sovereign Bank
10-421-CN2
450 Penn St
Reading, PA 19602
How can I notify Sovereign that my husband/wife/co-borrower is deceased?
You must send an original death certificate along with a short certificate to:

Sovereign Bank
10-421-CN2
450 Penn St
Reading, PA 19602

Please be advised that faxed and photo copies of death certificates are not acceptable.
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