Did you know that banks collect nearly $2.60 for every $1.00 you borrow?
Most of us just go along with the system. With Mortgage Saver’s Bi-Weekly Payment Program you will accelerate the payoff of your loan, save thousands of dollars in interest, reduce your loan term and lower your effective interest rate.

With Mortgage Saver, your payments are made electronically, so you will never have to write a check to your mortgage company again! Every other Friday, Mortgage Saver will automatically debit one-half of your mortgage payment from the account you designate.

By paying half of your mortgage payment every two weeks, instead of once a month, you will make one extra payment over the course of a year. In fact, you will make an additional half payment every six months and will significantly shorten the life of your loan. Many Mortgage Saver clients save up to 10 years of payments and save thousands of dollars of interest.

Build Equity Faster
You build equity in your home by paying down principal, not interest. In a biweekly system, every six months, an extra half-payment is paid toward your principal. Even if you sell your home early, you still benefit by actually owning more of your house than if you didn't use our mortgage savings program.

Reduce Your Term / Increase Your Interest Savings
In a normal mortgage, your home will take the full 30 years to pay off... with $0 savings in interest. If you had a 30 yr fixed mortgage for $200,000 at 8% and used our mortgage savings program, your term would be reduced to less than 23 years and you would save over $90,000. And by paying an additional $250 every month, your home would be paid off in 16 years and you would save even more!

No More Checks!
You can stop writing checks to your lender forever! No more stamps, visits to the mailbox, and you won't have to worry about ever forgetting a payment.

Fast Online Enrollment
It's easy to get started. Simply complete our secure online form.

 

We guarantee that your funds debited from your account will be placed in an FDIC Insurance bank account, and that these funds cannot be withdrawn for any reason other than to pay your mortgage.If you are unsatisfied for any reason, you may cancel your account in writing. Furthermore, if you incur any merchant or lender fees due to our error, we will get the charge reversed or pay the fee ($50 maximum).