I already made my next payment to my previous servicer. Do I need to resend the payment to my new servicer?

Your previous servicer will process and apply any payments received before to your transfer date. Payments received by your previous servicer on or after your transfer date will be forwarded to your new servicer and credited to your loan.

During the 60-day period following the effective date of the loan servicing transfer, a loan payment received by either your previous servicer or new servicer on or before the due date may not be treated by the new servicer as late, and a late fee may not be imposed on you.

If your payment is forwarded by your previous servicer, it may take a couple of days for your payment to appear on your bank statement—in general, it takes a few days for servicers to bring loans into their system and begin processing payments. However, as long as you sent your payment on time to either your previous servicer or new servicer, it should not be considered late.