Benefits

Benefits of the ASU Alumni Early Mortgage Pay-Off Plan

Save thousands of dollars in mortgage interest. That is the key benefit the ASU Alumni Early Mortgage Pay-Off Plan offers. This program is available as a free benefit to any member of the Arizona State University Alumni Association.

Not a member? No problem. Anyone who supports Arizona State University can become a member of the Alumni Association and enjoy the many benefits it provides — including the Early Mortgage Pay-Off Plan. Our simple and secure online enrollment form even lets you become an ASU Alumni member and sign up for ASU Alumni EMPP at the same time.

When you sign up for ASU Alumni EMPP, you can reduce the mortgage interest you pay by tens of thousands of dollars, increase the equity in your home, and cut years off the length of your mortgage. There’s no need to refinance or seek out mortgage lenders with a better interest rate. And best of all, it's free to enroll!

Can I Do This Myself?

Sure, you could make extra principal payments on your own, but the fact is that few people actually do. EMPP makes it easy and automatic, and what’s more, you never again need to write a check or mail a payment. We debit your account every other week according to the schedule that’s most convenient for you. Then we make sure your payment arrives at your mortgage company on time — every time.

What Are My Options?

Although homeowners throughout the country are turning to biweekly mortgage plans to build equity and reduce the costs of owning a home, all biweekly plans are not created equal. Enrollment fees can run as high as $500 for programs offered by many mortgage companies and mortgage payment processing firms. Moreover, these programs can charge electronic transaction fees up to $10 per month. Some plans are not affiliated with any bank, lender or other reputable organization, even though they may claim to be. Other plans are offered only through a specific mortgage lender or bank and are not available to the general public.

With the ASU Alumni Early Mortgage Pay-Off Plan, however, you can reduce your mortgage interest expense and build equity faster with minimal effort and cost. Unlike most programs, enrollment in ASU Alumni EMPP costs nothing.

There simply is no easier and more effective way to speed up the payoff of your mortgage. Look at the advantages of signing up for the ASU Alumni Early Mortgage Pay-Off Plan:

  EMPP Lender Based
Biweekly Plan		 Unaffiliated
Third-Party Plan		 Do Nothing
Save tens of thousands of dollars YES! yes yes no
Pay your mortgage off years early YES! yes yes no
Build equity in your home faster YES! yes yes no
Guaranteed on-time payments YES! yes no -
NO ENROLLMENT FEE -save $300 to $500 over other programs YES! no no -
Low drafting fee YES! ? no -
Friendly and personalized customer service YES! ? no -
Tailor draft schedule to your pay days YES! no no -
Automatic electronic payments through bank ranked best for data security YES! no no -
Industry pioneer: fifteen year track record of safe and reliable biweekly programs YES! no no -

Only EMPP offers the right combination of free enrollment, simple signup, automatic payments, and thousands of dollars in savings on your mortgage interest. Why not get started today?