Payment Frequency
The payment frequency refers to how often a Borrower makes their mortgage payments. There are a few available options; every week, bi-weekly, twice a month or monthly, with monthly being the most common.
About The Author

Don Scott
Don Scott is the founder of a challenger mortgage brokerage that is focused on improving access to mortgages. We can eliminate traditional biases and market restrictions through the use of technology to deliver a mortgage experience focused on the customer. Frankly, getting a mortgage doesn't have to be stressful.