What To Do When You Can’t Pay Your First Franklin Mortgage Bill
First Franklin is a mortgage company providing loans to residents of Tennessee, South Carolina, Georgia, Alabama, Mississippi, and Louisiana. When times get tough, though paying your mortgage does not become any less important, it may become much more difficult to do. Read this to learn more about how to pay your bill and how First Franklin Mortgage can help.
How To Pay The Bill
The First Franklin website lacks information about how to pay your bill online. As far as we can tell this is not an option directly through the company. You may be able to use a third party service to pay the bill online, but we were not able to confirm this information. Visit your local branch to pay your bill in person.
Pay by phone: Contact the company by phone at (800) 700-7943 to determine if you can make payments that way.
Pay by mail: Send payments by mail to the following address:
135 East Tugalo Street
P.O. Box 880
Toccoa, Georgia 30577
Questions About Your Billing Statement or Account?
You may notice charges on your First Franklin billing statement or account that are from a different company. First Franklin was purchased by Bank of America. If you notice fees you are not used to seeing, we recommend visiting the First Franklin customer resource page. For additional resources, you should contact customer service at 1-800-700-7943.
How The Penalty Fees Work
There is little information available about this, as we were not able to reach customer service via phone at the time of this writing. We suspect your account will be subject to late fees if your payment is not paid by the due date listed on your statement. You may also be subject to fees if your payment is returned by your bank for insufficient funds. Your credit rating may suffer if you miss multiple payments, as this will be reported to the credit bureaus.
I Can’t Make A Payment
If you cannot make a payment for any reason, contact customer service or visit someone at your local branch to discuss the situation. If possible, make at least a partial payment to avoid foreclosure proceedings. If you are not able to make a payment for several months on end, the company may have to start foreclosure proceedings according to the laws in your state, which may cause you to you’re your home. If you find your loan payments to be too high, you may be able to refinance your loan under different terms to get a more manageable monthly payment, but if your credit rating has suffered, you may not get approved for a refinance loan. This is why it is important to act quickly when you start to see a problem with being able to pay the loan.
Will They Work With Me To Pay My Bill?
Are you a customer with experience dealing with First Franklin Mortgage? Did you have trouble paying your bills? Tell us your story and what the company did to help your situation.