A FREE service to homeowners by coveting there Monthly Mortgage to a Bi-weekly Mortgage. When a homeowner changes to a Bi-weekly budget, it allows them to accumulate the equivalence of a 13th payment over the course of a entire year by giving them the ability to make 26 Bi-weekly payments. Funds are forwarded to the lender once per month because that is the only way they will accept and post them. Periodically the lender will receive the equivalent of 3 Bi-weekly payments to post in a single month, which allows one Bi-weekly payment to be applied to the principal balance of the loan. Funds are immediately forwarded to the lender, not held and applied at the end of the year like some Bi-weekly payment services do. Funds applied directly to the loan's principal balance increases the homeowner's equity as much as 300% or more. It also greatly reduces the amount of interest they have to pay because the lender will be compounding interest on the lesser amount.
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