Lower your Interest Rate without Refinancing…
No Payment Mortgage’s Weekly Payment Plan provides you with a customizable tool that calculates several variables to help you achieve financial freedom by paying off your mortgage years early. The plan is designed to fit your short and long-term goals.
Most homeowners obtain loans amortized over 30 years. The interest over that period of time can double your original loan amount. Our Weekly Payment Plan will cut years off your loan, on average over 10! And the earlier you payoff your loan the lower your effective interest rate will drop without the need for refinancing.
Our Calculator: A Great Tool worth Thousands in Savings
The calculator first analyzes your existing mortgage and loan terms. Then, it determines a weekly payment plan that best fits your current budget in order to save you over 10 years of mortgage interest.
You will be able to view and print a detailed report showing your short and long term savings over the time you indicated. All of the data is fully customizable by you to achieve greater savings and a lower rate.
You determine your payment plan, make the choice of paying your loan early and we do the rest. Assistance is available at all times to guide you, make suggestions and to answer any questions you may have before and after the set up.
Enrollment Process: Quick and Easy
The process of enrollment is simple. After enrollment, you will obtain full access to the Weekly Payment Plan calculator, the self-help worksheets, and all the banking links. Once you have determined the payment plan that will work best for you, we facilitate the account set-up process between you and your bank of choice. We work together with them to establish the appropriate accounts and automation to make this process simple and effortless for you.
Payments
Your payments are made from the bank account that No Payment Mortgage helped you open through the bank of your choice and are sent directly to your mortgage company. We simply facilitate the account set-up with your bank and make the process smooth and seamless. The funds are insured under FDIC just like any other bank account
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