SOLUTIONS

AutoLink Payment Services offers two products:

1. MORTGAGE SAVER: Bi-Weekly Payment Program for consumers. This product is a direct retail product for consumers to electronically pay their mortgage on a bi-weekly or semi-monthly basis. The Mortgage Saver Bi-Weekly Payment Program collects ½ of the normal payment every two weeks and applies all principal payments on a monthly basis. Customers who enroll in this program achieve accelerated amortization, lower interest costs, reduce their loan term by 5-10 years and dramatically lower their Effective Interest Rate.
2. E-FAST-PAY:Offers an electronic payment solution which dramatically reduces the costs of collecting funds from consumers. All funds are processed by electronic check format and ACH technology. The Automated Clearing House (ACH) network is a highly reliable and efficient, batch-oriented electronic funds transfer system. NACHA-The Electronic Payments Association develops the rules and standards which provide for the interbank clearing of electronic payments for participating depository financial institutions. Both the Federal Reserve and Electronic Payments Network act as ACH operators, or central clearing facilities through which financial institutions transmit or receive ACH entries. All ACH transactions are protected by Federal Regulation E (CLICK HERE)