A mortgage strategy using bi-weekly payments instead of monthly ones can shorten your loan by five to seven years and cut interest costs. The speaker walks through how it works and suggests contacting your lender to set it up.
Here's a mortgage hack that will save five to seven years of your life. Reach out to your lender and ask to set up bi weekly mortgage payments. This will give you 26 half payments a year or 13 full payments, which is one more than normal. And at the end of that, it shaves off five to seven years of your mortgage payment. Imagine how much money that will help you save. Reach out to us today and ask about setting up your bi weekly mortgage payment.
