Your Mortgage is a Long-term Debt Problem

Credit, in and of itself, is not an evil thing.  But ...
Problems occur when credit becomes long-term debt!

If you are one of the tens of millions of Americans with a 30-year mortgage, do you realize how much you’re paying your lender in interest charges? Consider this! On a $100,000 mortgage at 8.875%, you’ll pay $186,440 in interest plus the $100,000 you borrowed for a total of $286,440. Ouch!

After paying your lender for 10 years (one-third of the term of your loan), take a guess at how much of that $100,000 you would have paid off? 33%? 22%? 11%? Sadly, only $10,771 (10.8%) will be credited to your $100,000 loan over ten years . . . the rest will go to pay interest!  So, after 10 long years of payments, you’ll only have a 10.8% equity in your home. 

Homeowners across America are beginning to realize that it’s smart to accelerate the payoff of their home loan ... rather than throw away $10,000s on excessive interest charges.  

Instead of you making your loan payment once a month, use a program to pay one-half of this amount every 2 weeks. For example, if your total monthly loan payment is $1,000, your account would be debited for $500 every 2 weeks.

A biweekly plan substantially reduces the amount of interest you’ll pay. This concept has been endorsed by everyone from the Wall Street Journal to Consumer Reports to the U.S. Government.  Just look at the interest charges you could save by using our program!

Build Home Equity Up to Three Times Faster!

Enroll in an Equity Acceleration Program or set up one yourself.  Then, start building home equity up to three times faster compared with your present payment method. With the Equity Acceleration Program, after 10 years of payments your equity would be over $26,000. This is over $15,229 more than with your current program. The best news is that your loan will be paid off in only 21 years, not in 30!  What could you do with 9 years worth of your monthly payments?

Equity acceleration programs can also help reduce interest payments for all kinds of loans -- student loans, boats, RVs, etc.  The key to the process is it will be AUTOMATIC once you set it up.  

Be sure to audit your loan to ensure your payments are being applied!

Email us now, ESPECIALLY if you have an Adjustable Rate Mortgage.

Auditing is essential to guarantee that you are receiving the proper credit for your loan prepayments -- something extremely difficult to attempt on your own.

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