Biweekly Mortgage Payments
A convenient way to manage your mortgage and save money over time
A mortgage doesn’t have to mean decades of debt. With biweekly payments, you can chip away at your loan more often - helping you budget with ease, save on interest, and own your home sooner. It’s a small change with a big impact on your financial future.
Benefits
- Budget more easily with smaller, more frequent payments (every two weeks)
- Pay off your loan faster
- Reduce the total interest you pay over the life of your mortgage
Qualification Criteria
- You have a conventional mortgage held by Empower FCU
- You’re current on your monthly mortgage payments
- You're at least 60 days past your mortgage closing date
- You submit your request 90 days before any adjustable-rate change (if applicable)
- You authorize automatic payments from an Empower FCU checking or savings account (no direct deposit required)
- You sign a simple modification agreement (no county filing needed)
Get Started Today
Simply fill out this form below to begin the process:
Bi-Weekly Automatic Mortgage Payment Authorization
Once complete, you can send the form through the Message Center, regular mail, or email: Departmentmortgageservicing@empowerfcu.com.
Empower Federal Credit Union is a full-service financial institution serving members throughout New York State.