My mortgage payments were made biweekly. My mortgage got bought by a new company. This company is saying that biweekly is not available, I have to make monthly only. Can they do that?
Yes, thanks. I know we don’t get the benefit until the end of the year but I split the mortgage with a friend, so the bi-weekly was the just the easiest way to keep track of payments.
Okay, so the confirmation is they can change the due date but not the payment schedule.