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I am on the deed to my house, but not on the mortgage. I have been told that if I can prove that I've made the payments on the mortgage over the years, it can help me later on when I try and get a mortgage in my own name (this house or another)... I have made every payment since closing, which was over 3 years ago. The mortgage is held by Chase Bank.
So I haven't been good at this up until now (sometimes I pay in cash at the bank branch, some times with a check, sometimes a money order, etc), but want to start. I am just confused; do I need to write checks each month and mail them in, or can I use my bank's online bill pay and will that be sufficient in the future?
It is best to pay by either mailing a check or paying on line via your checking account.
Not sure why anybody would tell you if you can prove you were paying it will help you down the road. Since it is not reporting to your credit, it is not going to help you better qualify for any loan in the future.
A mortgage lender told me that. Same guy we went to for the loan we (well, my family member) have right now. He said that while it's unofficial sometimes it can still help if you can prove the payments. Hmm.
A bank lending their own money can use whatever proof they deem acceptable. I've seen proof of monthly car payments (canceled checks) used to establish credit. A (presumably) larger house payment made every month would be even better.
I am on the deed to my house, but not on the mortgage. I have been told that if I can prove that I've made the payments on the mortgage over the years, it can help me later on when I try and get a mortgage in my own name (this house or another)... I have made every payment since closing, which was over 3 years ago. The mortgage is held by Chase Bank.
So I haven't been good at this up until now (sometimes I pay in cash at the bank branch, some times with a check, sometimes a money order, etc), but want to start. I am just confused; do I need to write checks each month and mail them in, or can I use my bank's online bill pay and will that be sufficient in the future?
All you have to do is provide copies of the voided checks. If you paid electronically, you can get proof of that as well. This isn't hard to do and certainly isn't a big deal whatsoever so don't worry about it. Enquire with the bank you USE to pay the mortgage.
Thanks all. Like Debsi said, it sure as heck can't hurt.
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Like Debsi said, it sure as heck can't hurt. 
