The Biweekly Mortgage Association. Serving Homeowners with Confidence, Verification & Trust, since 1984

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1 The Biweekly Mortgage Association Serving Homeowners with Confidence, Verification & Trust, since 1984

2 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!

3 The Problems Consumer debt has reached epic proportions! 1. Consumer debt is at an all-time high 2. Consumer Savings are at an all-time low 3. Total bankruptcy filings remain at historic highs 4. Senior citizens still have mortgages and credit card debt 5. Pension instability 6. College education costs keep climbing 7. Housing is expensive 8. Health care costs

4 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

5 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!

6 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 Biweekly Payment Plan will help you reach your goals. Become a wealthy homeowner!

7 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 $ per month for a total paid of over $107,919 Equity in loan after paying $107,919 is only $24,472. 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. Would you agree?

8 A BETTER way The modern Preferred Biweekly way! $150,000 loan amount, 30 year term, 6% interest, $200 escrow account (taxes, insurance, PMI) term --yrs interest saved effective interest rate % interest saved Old-fashioned way Modern biweekly way % 0% $42, % 24.22% Modern biweekly way with additional $2 per day $59, % 34.22% Let s do your Loan Analysis and find out your savings! You will be amazed how easy it is to save thousands! You will get good service ~ making sure your mortgage payment is not late.

9 Regular Pre-payments Make Sense! Go it alone no system hit and miss risky no auditing Difficult bigger monthly Proven biweekly system consistent savings Confidence, verify 24/7, yearly audit 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...

10 We turn dreams into reality... one biweekly payment at a time. Our Most Important Client is You! FREE 800# client support. FREE Mortgage Auditing upon request. FREE start and stop, increase, or change capabilities. Website access to your biweekly debits and lender payments. Double coverage - Your funds are insured by the FDIC. The Electronic Funds Transfer Act (Regulation E) stipulates that consideration must be received for an electronic debit ensuring it is the safest money in the world. BWMA is a Member of the Better Business Bureau A+ Rating!

11 Confidence: Regulation E ensures that electronic money (EFT) is the safest money in the world. Offices Coast to Coast We turn dreams into reality... one biweekly payment at a time

12 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. Example: Preferred Biweekly 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, Year Total Estimated Equity -- $63,100 Total Estimated Property Value -- $194, Year Total Estimated Equity -- $118,043 Total Estimated Property Value -- $225,072

13 Summary ~ What s in it for YOU! 1. Eliminate MIP & PMI -- lender s costly 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 6. Rebates your enrollment can be FREE! 7. 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!