Biweekly Mortgage

Have you ever considered a  biweekly mortgage? Do you know how much you could save? The Average American homeowner could save over $50,000 in interest payments by switching to a biweekly mortgage. Why are the savings so substantial? It doesn't seem right that such a miniscule change in your payment arrangements could produce such gargantuan results. But that is exactly the case.

In essence, you end up making 13 payments per year instead of 12 with a traditional mortgage loan. This happens because there are 52 weeks per year, and a biweekly mortgage payment is required every two weeks. Now, it is not a full payment that is dues every two weeks, but rather 1/2 of a payment. Say your mortgage payment is $880 per month. With a biweekly mortgage, your payment would be $440 every two weeks. By simply paying in this manner, you'd eliminate over 10 years of payments from a 30 year mortgage and save tens of thousands of dollars.

Below is a list of lenders that can help. We've included a hyperlink to each respective lender's application page. You're just a few clicks away from the biweekly mortgage  that is right for you.

ING Direct: Get a biweekly mortgage  loan at the best rates currently available. You can borrow up to $250,000 with no application fees, no annual fee and no prepayment penalties. They have a knowledgeable staff, and are very pleasant to work with. You can click here for ING DIRECT Orange Mortgage  Great biweekly mortgage rates and an easy online application.

Americas Lending Partners: Americas Lending Partners was founded in 1999 by former Money  Store and First Plus Financial executives. Americas Lending Partners specializes only in real estate loans, including biweekly mortgages. They service requests in all 50 states. Also,  they have 100's of lenders in their unique network who cater to fair and good credit types - people with "less than perfect credit." If your credit is in the lower half of the scale, we suggest you give them a shot at your biweekly mortgage loan. America’s Lending Partners’ free loan request service will match you with up to 4 lenders to help you lower your interest rate on your BIWEEKLY MORTGAGE.

Lending Tree: The substantial size of their company allows Lending Tree to be very competitive in the biweekly mortgage market. Lending Tree has over two hundred lenders in their network You simply can't find a faster source for your mortgage refinancing needs. You can literally get up to 4 offers for a biweekly mortgage in just a few minutes. Click here for Lending Tree MORTGAGE REFINANCING application.

Planet Loan: Planet Loan is another firm that has a large number of lenders in their network. They have at least one loan program for everyone. They offer mortgage refinancing loans for every situation: high debt ratios, low credit score, commercial loans, etc. To apply for a biweekly mortgage with Planet Loan while rates are still low and home values are still high, click on BIWEEKLY MORTGAGE

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