Business Details
42 Years
experience
Biweekly Mortgage Payment Plans to Save on Interest
The Biweekly Mortgage Association (BWMA) has been empowering homeowners with innovative mortgage payment solutions since 1984. Our mission is to help clients achieve financial freedom through biweekly payment plans that accelerate loan payoff and maximize savings. We specialize in creating personalized strategies that align with individual budgeting needs while maintaining compatibility with existing lenders. Our proprietary system enables clients to reduce interest costs, build equity faster, and potentially retire mortgages years ahead of schedule.With decades of experience in loan acceleration technology, we provide transparent, no-upfront-fee programs that include weekly, semi-monthly, and monthly payment options. Our transferable plans offer added value for home sellers, while our confidence guarantee ensures client satisfaction. Through continuous innovation and customer-centric service, we maintain our position as the original and most trusted biweekly mortgage provider in the United States.
Services
Biweekly Mortgage Payments
Weekly Payments
Semi-Monthly Payments
Monthly Payment Plans
Future Wealth Planning
Details
- Year established: 1984
Highlights and features
- We've specialized in mortgage payment acceleration since 1984
- No upfront fees required for enrollment in our payment plans
- Apply extra payments to principal monthly rather than yearly
- Transferable plans add value when selling your home
- Personalized future wealth planning reports included with all accounts
Services
Biweekly Mortgage Payments
Our biweekly payment program helps homeowners pay off mortgages faster by making payments every two weeks. This method results in one extra monthly payment annually, significantly reducing interest costs and loan terms. Clients maintain their existing lender relationships while benefiting from accelerated equity growth and potential early mortgage retirement.
Weekly Payments
Weekly payment scheduling offers maximum flexibility for budget-conscious homeowners. This option divides annual payments into 52 installments while maintaining the benefits of accelerated principal reduction. Clients can better align payments with income cycles while still achieving substantial interest savings and faster loan payoff compared to traditional monthly plans.
Semi-Monthly Payments
Semi-monthly payment plans provide structured budgeting advantages by splitting payments into two equal installments per month. This approach maintains accelerated payoff benefits while accommodating traditional payroll schedules. Homeowners benefit from consistent payment timing while still realizing significant interest savings and equity growth acceleration.
Monthly Payment Plans
Our optimized monthly payment option combines traditional scheduling with accelerated benefits. While maintaining monthly payments, our system maximizes principal reduction efficiency. This solution works for homeowners preferring conventional payment timing while still achieving faster loan payoff and interest savings compared to standard mortgage arrangements.
Future Wealth Planning
We provide comprehensive future wealth analysis tools that project financial benefits of accelerated payments. These reports visualize interest savings, equity growth timelines, and potential retirement dates for mortgages. Clients receive ongoing access to planning resources that demonstrate the long-term financial impact of their chosen payment schedules.
People
William Thomas
Founder
William Thomas established Biweekly Mortgage Association in 1984 and pioneered the modern biweekly mortgage payment system. With over four decades of experience in loan acceleration strategies, he has helped thousands of homeowners optimize their mortgage payments while maintaining financial flexibility.
Questions
How does a biweekly mortgage payment plan work?
Our biweekly plan divides your monthly mortgage into two payments every two weeks. This results in 26 payments annually (equivalent to 13 monthly payments), accelerating principal reduction and saving thousands in interest.
Can I use this program with my existing mortgage?
Yes, our program works with any existing mortgage without requiring refinancing. We coordinate with your lender to implement accelerated payments while maintaining your current loan terms.
Are there upfront fees for enrollment?
No, we charge no upfront fees. Unlike competitors requiring $395+ in initial costs, our program starts with zero out-of-pocket expenses, making accelerated mortgage payoff accessible to all homeowners.
How quickly do extra payments reduce my principal?
We apply extra payments monthly, providing immediate principal reduction. This differs from competitors who may delay application up to a year, ensuring faster equity growth and interest savings for our clients.
Can I transfer the plan if I sell my home?
Yes, our plans are fully transferable. This feature provides selling advantages as new buyers can assume the accelerated payment benefits, potentially increasing your home's market appeal and sale price.
What payment schedule options do you offer?
We provide complete flexibility with weekly, semi-monthly, monthly, or biweekly options. This ensures homeowners can choose payment frequencies matching their income cycles while achieving the same accelerated payoff benefits.