Biweekly mortgage payments are a SCAM!!

You might have heard the strategy most buyers use to help pay off their mortgage quicker - by making biweekly mortgage payments.

Although it does work, most people don’t know they’re doing it WRONG and are actually paying more towards interest rather than the principal.

So here is the RIGHT way to pay off your mortgage quicker.

FOLLOW IG FOR MORE INFO @whatsamortgage.

#realestate #shorts

[arlouis]

Some banks do hold the funds and does not apply it to your account until they have received the whole payment.