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The Bi-Weekly Mortgage Association “Serving Homeowners with Confidence, Verification & Trust, since 1984” (Click anywhere to go to next slide)
The Bi-Weekly Mortgage Association
“Serving Homeowners with Confidence, Verification & Trust, since 1984”
(Click anywhere to go to next slide)
We Help You Reach Your Goals!
Dream Home, Investment or Vacation Property Send Your Children To College
Retire Early, Build Wealth
Make Your Mortgage Work For YOU ~ not your Banker!
The Problems • Consumer debt is at an all-time high
• Consumer Savings are at an all-time low
• Total bankruptcy filings remain at historic highs
• Senior citizens still have mortgages and credit card debt
• Pension instability is prevalent
• College education costs keep climbing
• Home prices are rising
• Health care costs are out of sight
The Solution
Consumer debt reduction!
1. Proper planning involving your resources
2. Gain Wealth by Accelerating the payoff of your debt
3. Pay yourself first on a consistent, automatic basis
4. Make small, consistent pre-payments to your loans
5. Become an interest-getter not an interest-payer 6. Start thinking like a banker 7. Everyone qualifies – it’s easy
• Oldest Biweekly Plan in America• Eliminate PMI and apply to principal• Build equity 2 to 3x faster• Save thousands of dollars in interest charges• Shorten your loan – make less payments• Verify all payments – auditing• No credit check• No refinancing necessary • No appraisal• Keep your same lender
• Plan! Prepay! Payoff! Invest the payments!
How It Works
• Divide total monthly payment by 2 and pay this smaller amount every 2 weeks (14 days) instead of a big monthly payment
• 26 half payments a year = 2 additional half payments directly to the principal loan balance each year plus any optional additional amount to the biweekly.
The Preferred Bi-Weekly Payment Plan will help you reach your goals…
and become a wealthy homeowner!
WHY make Prepayments?
Prices of homes keep climbing & payments go up.
Higher prices mean more of your hard-earned dollars go to interest charges.
Example: Remaining balance after 10 years of payments on a $150,000 loan at 6% interest for 30 years is over $125, 527
Homeowner made 120 monthly payments (10 years) at $899.33 per month for a total paid of over $107,919
Equity in loan after paying $107,919 is only $24,472.
Would you agree?
We call this the “old-fashioned way” of paying for your home…..and in our opinion not a very
good way to get ahead financially.
A BETTER way……The modern Preferred Bi-Weekly way! $150,000 loan amount, 30 year term, 6% interest, $200 escrow account (taxes,
insurance, PMI)
Old-fashioned way 30.00 -0- 6% 0%
Modern biweekly way 23.83 $42,079.60 4.55% 24.22%
Modern biweekly way with additional
$2 per day 21.08 $59,464.33 3.95% 34.22%
Let’s do your Loan Analysis and find out your savings!
You will get great service. We make sure your mortgage payment is not late.
Term Yrs Interest Saved Effective Interest Rate % Interest Saved
You will be amazed how easy it is to save thousands!
Regular Pre-payments Make Sense!
Go it alone – no system Proven biweekly system
hit and miss consistent savings
risky – no auditing Confidence, verify 24/7, yearly audit
Difficult – bigger monthly Easier, smaller biweekly payments
Solution ~ a system of prepayments done by experts.
You are a Client For Life with BWMA!
An experienced Biweekly Payment Loan Servicing Company is standing by ready to help you reach your goals......
Let’s take a close look at Equity~ “Equity is an asset, your mortgage is a liability”
1. Loan Equity -- the guaranteed amount of ownership in your home from making the payments to the principal amount of the loan. 2. Appreciation Equity – the amount of ownership in your home from increases in value due to inflation, demand for housing, improvements, etc.3. Total Estimated Equity – loan equity added to appreciation equity
5 Year Total Estimated Equity -- $63,100 Total Estimated Property Value -- $194,149
10 Year Total Estimated Equity -- $118,043
Total Estimated Property Value -- $225,072
Example: Preferred Bi-Weekly Payment Plan, $150,000 loan amount, 30 year term, 6% interest, $200 escrow account (taxes,
insurance, PMI), using the 3% annual historic average inflation rate.
Starting Property value $165,000
Working with professional and reliable debiting institutions,
the Bi-Weekly Mortgage Association (BWMA) has been
serving homeowners since 1984.
BWMA is the oldest biweekly entity in the United States. Homeowners trust the Bi-Weekly Mortgage
Association.
We turn dreams into reality…one biweekly payment at a time.
FREE 800# Client Support.FREE year end accounting.FREE start & stop, increase or change
capabilities.FREE transferability to your next mortgage
or buyer assuming your mortgage. FREE portability no matter how many times
your loan is sold, we will still provide you with our service as a “Client for Life.”
Our most important client is you.
“ Regulation E ” ensures that electronic money (EFT) is the safest money in the world.
“Offices Coast to Coast”
Summary ~ What’s in it for YOU!1. Eliminate PMI -- lender’s private mortgage insurance 2. Savings -- Tens of Thousands of $$$$3. Equity – Build 2x to 3x faster – you can’t have too much!4. Reach your Goals! Dream Home! College! Retire early!5. Enjoy – the confidence of verification & auditing
Rebates – your enrollment can be FREE!See your biweekly payments as investments
Put our Professional Service to work for you!
“Do today what others won’t ~ so you can do tomorrow what others can’t.”
Build Wealth for the future! Enroll Now!
Homeowners have trusted the Bi-Weekly Mortgage Association for over 2 decades
