10 Tips to Help With

PAYING OFF YOUR MORTGAGE EARLY

Most homeowners would like to pay off their mortgage early. Not sure how to go about it?

Here are 10 tips on how you can do it!

  1. Add something to the principle of every month’s payment
  2. Make a payment every two weeks
  3. Make one extra payment a year
  4. Make extra payments whenever you can
  5. Apply money from your tax return or other windfalls to an extra full payment
  6. Refinance your mortgage to a lower rate, and keep making the higher payment
  7. Refinance your mortgage to a shorter term
  8. Find ways to cut monthly expenses and put the savings towards your mortgage
  9. In months where get a third paycheck, apply enough of that check to your mortgage principle to equal an extra payment
  10. Set a target payoff date that may challenging  bit is attainable. Tell your family and friends what your goal is so yo have some social pressure

If you need more information on how to pay off your mortgage early, or if you are interested in refinancing your home, give me a call! I’ll help you own your home in less time.

BRUCE L. WARBURTON

Loan Officer

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Office Hours

Monday - Friday 8:00 a.m. - 6:00 p.m.

NMLS#

UT-278339 • Corporate - 67180 • CA - DBO278339

Address

1513 N Hill Field Rd #1, Layton, UT 84041

Email

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Equal Housing Lender

(866) 437-0200 • Corporate NMLS # 61780 • Regulated by the Division of Real Estate • Information is subject to change without notice. All prices are indications only. This is not an offer for extension of credit or a commitment to lend. Some restrictions may apply. Please contact the Loan Officer listed above for more information.

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