Fred Griffin Florida Real Estate, Licensed Florida Real Estate Broker (Fred Griffin Real Estate)

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Rainmaker
701,182
Steve Higgins
RE/MAX Kelowna - Kelowna, BC

I have to say No to both questions. But if you could pay your mortgage payment with a credit card boy could you rack up some good points.

Mar 05, 2018 05:43 PM
Ambassador
4,242,401
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

I've heard of services that allow you to do that but, they charge a fee that would out-weigh the benefits of the points or rewards you would get for using your card.

The banks don't allow direct cc payment though.

Mar 05, 2018 09:29 PM
Rainmaker
528,640
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

I do not know of anyone that is doing this.  What do you know that we don't know????

Mar 05, 2018 06:05 PM
Rainmaker
1,227,526
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

No and OH HELL NO, that's interest on interest...yikes!

Mar 05, 2018 05:38 PM
Rainmaker
1,914,219
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

I do not Fred Griffin 

Mar 06, 2018 05:50 AM
Rainmaker
4,093,732
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

I don't know but a good question.  Pretty scary if you ask me.

Mar 05, 2018 08:50 PM
Ambassador
3,051,635
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

I've never had a need to know.  

I have no knowledge of information pertaining to how my clients pay their mortgage.  

Mar 05, 2018 06:33 PM
Ambassador
3,038,280
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I did once have a client get a mortgage from American Express (not kidding) and before that client did that I had zero clue that could happen.

Mar 05, 2018 05:38 PM
Rainmaker
683,965
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

That I have not seen, it's usually "bring a bank check". 

Mar 06, 2018 04:54 AM
Ambassador
5,401,094
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Not me.

Mar 05, 2018 08:40 PM
Ambassador
4,576,494
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

No, and no. And like Tomas says, yikes that interest! But I guess you can rack up those airline or other points!

Mar 05, 2018 08:24 PM
Rainmaker
6,597,738
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

No.

Mar 05, 2018 06:13 PM
Rainmaker
849,160
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

I think I read somewhere that most banks won't accept mortgage payments using a credit card.

Mar 06, 2018 04:11 AM
Rainmaker
742,019
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
Carolina Life RealEstate & Relocation 919-602-8489

Interesting. This is the first I've heard of paying your mortgage with a credit card. I don't think it is a good idea unless in extreme situations. I suppose if you were to lose your job and need to hold on to your house until you get your house sold, that could be a good reason. It could help keep your credit in tact as long as you pay that credit card off. You could really rack up some dept that could be hard to get our from under if you're not careful.

Mar 06, 2018 03:56 AM
Ambassador
3,986,710
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I do not know of any that do that. With credit card fees I can't see how that would benefit the lender at all.

Mar 05, 2018 05:59 PM
Rainmaker
909,221
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

I think that would only be done out of desperation and would be likely to end badly.

Mar 06, 2018 09:26 AM
Rainmaker
5,571,804
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

I don't know of anyone who has ever asked that question.... and I wouldn't think of doing it....if someone needs to do that, they should sell and downsize or rent.

Mar 06, 2018 09:13 AM
Rainer
69,594
Shawn and Angela Miller
Berkshire Hathaway HomeServices Amabassador Real Estate - Lincoln, NE
Lincoln and Omaha, NE REALTORS®

I wish, I could have some nice airline miles!

Mar 06, 2018 08:54 AM
Rainmaker
710,004
Richard Bazinet /MBA, CRS, ABR
West USA Realty - Scottsdale, AZ
Phoenix Scottsdale. Sellers, Buyers & Relocations

Interesting. Not a bad idea if you pay you card in full each time. But, if you don't, that would be silly, the interest on cards is a killer, and you'd pay interest on a card on top of the interest on the mortgage.

Mar 06, 2018 06:26 AM
Rainmaker
2,023,230
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Never thought about it ?

Mar 06, 2018 06:23 AM
Rainmaker
3,329,712
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I WISH so i could boost my airline miles. 

Mar 06, 2018 05:37 AM
Rainmaker
4,202,671
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Can't imagine a mortgage company who would absorb the processing fee.

Mar 06, 2018 05:10 AM
Rainmaker
1,722,050
Lyn Sims
Schaumburg, IL
Schaumburg Real Estate Agent Retired

I thought you could do the app fee on CC.

Pretty stupid way to rack up airline miles.

Mar 06, 2018 04:59 AM
Rainmaker
4,107,196
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

No and no... but no doubt the day is coming. But this is somewhat troublesome as it's almost like doubling up on the debt if you don't pay off cc balance immediately.

Mar 06, 2018 04:14 AM
Rainmaker
1,518,356
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

Not directly, but it is possible. Some credit cards sends you checks ( cash advances) and you also can wire money from your credit card to your checking to pay whatever you need. So, it is possible, but % will be high. 

Mar 05, 2018 11:03 PM
Ambassador
4,312,759
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Fred Griffin - I do not think one can pay mortgage using credit card!

Though I am an old school...

Mar 05, 2018 09:54 PM
Rainmaker
1,153,050
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Use borrowed money to pay back another borrowed money? The exception is the Federal Government. China will not buy US T-bill then what?

Mar 05, 2018 08:55 PM
Rainmaker
396,024
Jill Murty, Realtor - Orange County, CA
Movoto - Laguna Niguel, CA

I've never heard of anyone paying their mortgage with a credit card.  It could work to a person's advantage as long as they pay their credit card bill in full every month.  More likely, people would get themselves into deep trouble.

Mar 05, 2018 06:54 PM
Rainmaker
542,249
Greg Large
ERA Real Solutions - Grove City, OH
A Tradition of Trust

I do not know of any but I have not asked.

Mar 05, 2018 05:47 PM
Rainmaker
893,775
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

I would think that they would not want to mess with that because of chargebacks!

Mar 05, 2018 05:44 PM
Rainmaker
4,933,131
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I do not know any lenders or mortgage companies that will take a credit card.

Mar 08, 2018 07:56 AM
Rainmaker
5,578,425
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Had not heard of that, but then there is something new to learn every other minute. 

Mar 07, 2018 09:01 PM
Rainmaker
1,044,339
Dave Martin (703) 585-4687
Fairfax Realty - Fairfax, VA
Making Realty Dreams a Reality #WeWillGetYouHome

The answer to both questions for me is No... but I'll read along and see what I learn here Fred Griffin 

Mar 06, 2018 01:08 PM
Rainer
180,215
Harjeet Bhatti
FITH THIRD BANK - Chicago, IL
Home Mortgage Consultant 25 States

This was offered by a big bank  while ago. But as far as I know they discontinue within year. 

Mar 06, 2018 12:36 PM
Rainmaker
1,386,168
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I'm not aware of it, but I've seen the discussion before on FB but don't recall anyone saying their lender accepted them.  Would be a great way to get reward points.

Mar 06, 2018 09:44 AM
Rainmaker
1,459,427
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Fred Griffin No and no! Let's think up another way to run up the debt on those credit cards. Credit cards are the curse and financial destruction of this country.

Mar 06, 2018 07:17 AM
Rainmaker
1,707,423
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

No, and I would be concerned about security.

Mar 06, 2018 05:55 AM
Rainmaker
3,069,984
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

American Express did before the crash....

Mar 06, 2018 05:51 AM
Rainmaker
4,799,481
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I'm not aware of any.

Mar 06, 2018 05:46 AM
Rainmaker
4,036,774
Richard Weeks
Dallas, TX
REALTOR®, Broker

I know of none.

Mar 06, 2018 05:01 AM
Rainmaker
4,433,683
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thank you.

Mar 06, 2018 02:01 AM