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I believe these companies operate much like banks, in that they cut off their business day usually before 5:00 pm, maybe noon or 2:00 pm. Payments received after that cut off will be credited as of the next business day. Some of them may observe a business day up until 5:00 pm, but I doubt any would go later. Of course, time zones have to be taken into account. Look through your payment booklet or mortgage documentation; the policy is usually stated. If in doubt, call the customer service number.

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Q: If you make a payment by phone to your mortgage company after hours on Friday July 29 and it will be 30 days past due on August 1st Will the payment post to your account the 29th or will it post Aug 1?
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