Jul
06
2009
Biweekly Program for Mortgage: Is It Really Advantageous?
Posted by in Mortgage Loan NewsNews Sources wrote an interesting post today on
Here’s a quick excerpt
Many Lenders provide a biweekly option to mortgage payments along with the monthly option. Its told with the biweekly options you can bring down your mortgage term by 6-7 years. So, what are the extra overheads of biweekly program and is it really worth? Lenders usually charge a fees for setting up biweekly programs.The fees various from $0-$300 and There is an extra transactions fee which varies from about $1.5-$3 per transaction. In biweekly program you would be paying every 2 weeks i.e y
Share and Enjoy:
Read the rest of this great post here
















Entries (RSS)