Meta Description: Anxious about your mortgage payments? Here are five mortgage tricks that could help lower your mortgage payments or shorten the length of time before you’re mortgage-free

Are you feeling overwhelmed by your mortgage payments? How long will it take you to pay off your mortgage? Check out these five mortgage tricks that could help lower your mortgage payments or shorten the time before you’re mortgage-free.


  1. Refinance to a lower interest rate. If you’ve been making timely mortgage payments, you can refinance to a lower interest rate and save money on your mortgage payments.
  2. Make bi-weekly mortgage payments. Making mortgage payments every other week instead of once a month can help you shave years off your mortgage and save money on interest.
  3. Pay extra towards your mortgage principal. If you have some extra cash, consider putting it towards your mortgage principal to shorten the length of your mortgage and save on interest.
  4. Take advantage of mortgage prepayment penalties. If you can pay more towards your mortgage each month, take advantage of mortgage prepayment penalties to reduce the time it takes to pay off your mortgage.
  5. Rent out a room in your house. If you have extra space in your home, consider renting a room to help cover your mortgage payments.

There are many ways to reduce the time and money you spend on your mortgage. Using one or more of these mortgage tricks can make your mortgage more affordable and closer to mortgage-free!

How to choose the right mortgage lender

When shopping for a mortgage, finding a lender that is a good fit for you is essential. Here are four tips to help you choose the right mortgage lender:

  1. Shop around. Don’t just go with the first mortgage lender you come across. Compare interest rates and fees from several different lenders before making a decision.
  2. Get referrals. Ask your family and friends for recommendations of mortgage lenders they have had a good experience with.
  3. Check out the lender’s reputation. Research online to see what others say about the mortgage lender you’re considering.
  4. Read the fine print. Ensure you understand all the terms and conditions of the mortgage before you sign anything.

By following these tips, you can find a mortgage lender that fits your needs and budget well.

Where to find the best mortgage lender in Phoenix?

There are many places to find a suitable mortgage lender. Here are four of the best:

  1. Your bank or credit union. Your bank or credit union may have mortgage lending options right for you.
  2. The internet. Many online mortgage lenders offer competitive interest rates and fees.
  3. Mortgage brokers. A mortgage broker can help you find the best mortgage lender for your needs.
  4. Local mortgage lenders. Many local mortgage lenders in Phoenix may be able to offer you a good deal on a mortgage.

By researching, you can find the best mortgage lender for your needs and get a great rate on your mortgage.