How would I know which mortgage lenders allow bi-weekly payments?

I'm shopping for a mortgage right now and without calling every single company, is there a way I can find out which ones allow or don't allow bi-weekly payments? I would love to do this to save on the interest rate and to take off 7 years on a 30yr mortgage. Just wondering if there was a list anywhere. Right now Pulte Mortgage is looking best for us right now because of the incentives/hoa dues for 2 years, but I don't even know if they do yet. I will call them in the morning unless someone else knows off hand.How would I know which mortgage lenders allow bi-weekly payments?
Biweekly payments are just a gimmicky way to trick yourself into paying more than the average of the minimum payments every year.


And, a lot of lenders will charge you a fee to do this.





Since the mortgage amortization schedule is based on 12 payments per year, but there are 52 weeks in a year, if you send a half payment every two weeks you are sending in 26 half payments per year. That is two extra half-payments per year, or the equivalent of making one extra payment every year.





Even the primary mortgage companies and other lenders who accept biweekly payments usually just hold the money for the two weeks until the normal posting period--they just don't tell you that.





All you really need to do is pay as much additional principal as you can comfortably afford every month.How would I know which mortgage lenders allow bi-weekly payments?
Pulte Mortgage isn't a direct lender, they are a broker.





I haven't seen a lender that did not offer this service, and there is usually one catch: You can't send in checks, you have to be on automatic draft from your bank.
Just be carefull that Pulte is charging you a fair interest rate as well as closing costs. Those 2 years of paid HOAs could easily be eaten away by excessive fees/rates.
www.restructureyourmortgage.com offers bi-weekly payments, so do most banks. for a free quote check out the website. Best of luck to you.