Can I make additional payments towards my mortgage while using Equity Accelerator?
Asked a year ago
Yes, you can make additional payments towards your mortgage while using Equity Accelerator. In fact, making extra payments can help you maximize the benefits of this program. By making additional payments, you can reduce the principal balance on your mortgage faster and ultimately build equity at a quicker rate. Equity Accelerator is designed to help you pay off your mortgage sooner by utilizing a bi-weekly payment structure. However, making extra payments can further accelerate the process and potentially save you thousands of dollars in interest over the life of your loan. Whether you choose to make regular bi-weekly payments or make additional payments, Equity Accelerator provides you with the flexibility to control your mortgage paydown strategy and achieve your financial goals faster.
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