Currently, most individuals that have loans are paying their lenders once a month. However, with the Biweekly Mortgage Acceleration Program, half of your regular payment (+ a small processing fee) can be debited every two weeks. Approximately every six months, Debts Solutions Team will accumulate extra funds which are then applied against the most recent principal balance due on your loan. Instead of personally writing a check to your lender, your payments will electronically be debited from your checking account through Automated Clearing House, a division of the U.S Federal Reserve.
Using the Biweekly Mortgage Acceleration Program, clients will never have to worry about writing another mortgage payment check. Our company will process your loan payments for you while avoiding errors and ensuring accuracy. |