| Many of the nation's leading personal finance publications have endorsed the biweekly system as an excellent method of building equity, increasing net worth, and securing a financial future.
Here are just a few examples of what the press has had to say:
USA TODAY - "What started as a mortgage lender's marketing gimmick is on its
way to becoming the hottest home loan of the decade. It's the biweekly mortgage, and it's as simple as paying half a monthly mortgage payment every two weeks. The attraction - biweeklies reduce interest expense and build home equity faster."
The Wall Street Journal - "The Federal National Mortgage Association (Fannie Mae) believes this type of mortgage could appeal to many homebuyers who want to reduce interest payments over the life of the loan, and build up equity faster... a bi-weekly program establishes a structure for speedier payments."
Consumer Reports - "Whether you already have a mortgage or are in the market for a new loan, you can save tens of thousands of dollars by 'investing' in your mortgage. If you took out a $100,000 bi-weekly mortgage instead of a regular 30-year mortgage at 10.5 % interest, you could save nearly $86,000 in interest over the life of the loan."
The Los Angeles Times - "The only way you can justify a 30 year mortgage is with a bi-weekly payoff."
The New York Times - "A bi-weekly mortgage is best for financially sophisticated home buyers, for move-up home buyers, and for anyone who wants faster equity build up...It's a great disciplinary tool...In a way, it's like a Christmas Club!"
PARENTS - "The simple fact is that a bi-weekly mortgage not only saves the home buyer a bundle, but makes him or her a homeowner much sooner than the traditional monthly mortgage does."
Money Magazine - "The result on a $100,000 30-year mortgage at 10%, for example, is that you can burn your mortgage in just under 21 years and save $78,359 in interest."
Mortgage Banking Magazine - "People move around and they see no equity buildup. With a biweekly plan, they see their mortgage payment as an investment."
Biweekly payments have been recommended by the editors of Forbes, Sylvia Porter's Personal Finance, BusinessWeek, and many other highly respected financial publications.
If SAVING 10's of $1,000's of dollars on your mortgage is something that appeals to you, and increasing your net-worth and building equity three times (3x) faster than normal sounds like something you'd be interested in, please call us to request a FREE confidential mortgage analysis, or better yet, complete the on-line form and we'll send you your FREE confidential mortgage analysis via the US Postal Service within 24-48 hours of request receipt.
Or, if you'd like, you can visit our friends at Mortgage-X.com and use their mortgage calculator to quickly estimate how paying bi-weekly can SIGNIFICANTLY reduce your long term payment total and loan duration (note that this calculation is a CLOSE approximation of what your new payment and savings plan will look like, but NOT representative of what the actual payment schedule developed for you, the homeowner, will be).
You'll soon see just how much you can save by using this easy, highly effective bi-weekly mortgage payment plan vs. your current mortgage schedule. You'll save a lot of time and a ton of money, and after-all, isn't that really what it's all about?!
Call or fill out the on-line form RIGHT NOW for your FREE confidential mortgage analysis...you'll be glad you did!
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