What Does Paying Extra On A Mortgage Loan Do?

Hello everyone, my name is Jennifer Hernandez, I am a Senior Loan Officer in the state of Texas and with over 4100 deals closed in my 26 years of experience I can say with confidence that my knowledge on home mortgages, the various types of loans, and other finance-related topics that are fluent to me and my team.

Hey everyone! I hope you are having a fantastic day today! Today I want to talk about
what paying extra on a mortgage loan does.

So before I start, I highly recommend you watch the whole video first, for there’s vital
information in there that you must know.

Outside of this, I also advise you to go and look for an amortization calculator, these can
come in handy, and although I don’t have a particular one I can recommend, as long as
it can be trusted, you should be fine.

And the last tip is if you plan on setting up biweekly payments in order to get ahead of
the game, you will be charged with a three to five dollar fee every payment since this is
done through a 3rd Party company and not something negotiated between the lender.

And that’s about it! Oh and one more thing while you’re down here, go ahead and hit
that subscribe button and turn up notifications as I release 2 new videos a week that
you won’t want to miss out on. Stay tuned, for I will be the first to update you on any
changes or modifications that there will be on forbearances and other changes related

to COVID-19. My goal is to help you understand how to obtain mortgage(s) to help grow
your portfolio!

Also check out our playlists that feature various topics about homebuyer’s tips that will
help you grow both as a homeowner and on a consumer/producer level. If you’re
seeking more information on specific topics that follow, check out our specific playlists
that follow up on topics like, Down Payments, Interest Rates, and more!

Be sure to checkout our locations which we service to:
https://drive.google.com/file/d/1VwOZRhaVI6fjORpxDlleZMHdl4nkTJqp/view

Have any questions? Feel free to drop a question down in the comments on one of our
videos or contact me and my team anytime at www.loanwithjen.com Equal Housing
Opportunity Lender NMLS #514497

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