Shaun Zipursky, Sr Mortgage Broker – Zipursky Mortgage Services. Partner @ City Wide Mortgage Services
One of the most important things that we discuss with our clients prior to closing is how they want their payments to come out of their account for their mortgage payment. It’s always simple and easy when a client gets paid bi-weekly, however it’s a total different story when someone gets paid monthly or 1st & 15th. I can relate to this, as I too only get paid twice a month and have tried going bi-weekly “accelerated” in the past and with all honesty even though I always keep money in my account it still drove me crazy to not know when a mortgage payment is coming out of my account.