Biweekly Mortgage

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What Is A Biweekly Mortgage?

A biweekly mortgage is an extremely popular and economical way to save money and payoff your mortgage years earlier without having to refinance your mortgage.

It can be comparable to having a fifteen year mortgage without having to pay fifteen year mortgage rates.

The benefits of a biweekly mortgage are as follows:

• Your total mortgage payments are reduced

• Your mortgage can be paid off 9-16 years sooner

• Your homes equity can accelerate by up to 300%

How Does It Work?

This process is accomplished through an automated system which reduces your mortgage term and payments, while increasing the equity build up in your home. For Example: On a $174,000, 8% fixed rate, 30 year mortgage, you will save a total of $93,218 in payments alone and your mortgage will be paid off in 19.4 years, instead of 30 years.

Your Savings Is Guaranteed

A biweekly mortgage can reduce your payments and the term of your mortgage by 15-60%.

What The Press Is Saying

The New York Times states that when a homeowner receives a biweekly mortgage, "The result is a reduced term for the mortgage, a substantial savings in interest and an acceleration of equity".

No Restrictions

A biweekly mortgage can work with any fixed rate mortgage. Plus, there are no credit checks, no credit restrictions, no refinancing requirements and no closing costs.

No Changes

A biweekly mortgage does not change your mortgage in any way at all. It is simply a change in how you make your mortgage payments.

Plus

As a community counseling agency that provides free counseling services, CCFC of America is providing this biweekly mortgage to homeowners for free (click here for eligibility requirements).

Biweekly Mortgage Counseling

For free no obligation biweekly mortgage counseling or to receive a free illustrative report detailing the benefits of your current mortgage to the benefits of switching to a biweekly mortgage click here.

Additional Information

• For frequently asked questions click here.

• To view an illustrative example click here.

Helpful Information

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