Mortgage Reduction eBook
Hollywood Stars and others in the know are quietly saving Millions
of Dollars using mortgage reduction strategies.
What do they know that we don't?
By now you have likely heard of Mortgage Reduction also known as
Equity Acceleration.
It is a fast-growing strategy within the financial community and now the
Rich and Famous are taking advantage of these money saving strategies.
I am going to reveal in detail the most powerful (and little known) money
making strategy I have ever learned in my entire financial services career.
You need to pay VERY CAREFUL attention to EVERY WORD.
The information I am about to give you has already saved many average
homeowners Hundreds of Thousands of Dollars in interest payments
to the bank.
Mortgage Reduction can do the same for you by educating homeowners
how to pay off their mortgage in as little as 10 years...
With No Change to Your Monthly Living Expenses.
Mortgage Reduction Strategies can allow you to:
- Quickly and Legally Build Home Equity within the first 3 years.
- Pay Off Your Mortgage In Less Than Half the Time or Less
(about 10 years).
- Save you over a Hundred Thousand Dollars in interest payments
to the bank.
- Enable you to SAVE up to a Million Dollars for your retirement -
(over the lifespan of a conventional mortgage).
Keep an open mind until you've finished reading this entire page...
and... your financial reward will be humongous.
Mortgage Reduction goes by many different names such as:
- accelerated mortgage,
- biweekly, (also spelled bi weekly or bi-weekly) mortgages,
- prepayment mortgage reduction,
- equity acceleration,
- mortgage acceleration and many other names.
Over 90% of mortgage holders in America have heard of mortgage reduction.
Yet, less than 15% of mortgage holders actually use it.
A mortgage is the single largest burden (purchase) you will ever make
in your lifetime... It’s also the most priceless thing you will ever own
- after all, it is your home.
How do we pay off our mortgage in 10 years AND build equity?
Let’s start off with the basics of how a conventional mortgage works.
ALL mortgages are based on a 30 year amortization schedule...
(with the exception of 15 year mortgages).
You may have a:
- 3/1 Adjustable-Rate,
- 5/1 Adjustable-Rate,
- 7/1 Adjustable-Rate
- Interest Only,
- Negative Amortization or whatever mortgage variation you want
to call it these days...
They are ALL based on a 30 year amortization schedule.
Here is a typical example of how a conventional mortgage works.
On a $200,000 loan at 6.00% interest, you will now have the privilege of
paying $1,199.10/mo for the next 30 years - for a total of $431,677.
Out of that $431,677 in total payments, $231,677 is interest payments.
$231,677 INTEREST on a $200,000 loan.
Yep, that's right. Your interest payments are more than what you borrowed.
And if you have a Half Million Dollar home you will pay more than
a Half Million Dollars in interest payments to the bank.
If you have a Million Dollar home, you will pay over a Million Dollars in interest
to the bank - (in addition to the Million principal that you borrowed).
That’s no secret, we all know that. That's how a conventional mortgage works.
So How Do We Reduce or Accelerate the Mortgage?
Conventional Mortgage Reduction has taught us that we need to:
- Refinance to a lower rate (which cost us money) or
- Apply additional money to each payment (which cost us money) or
- Convert to a Bi-weekly payment (which cost us a little money).
(I'll explain the bi-weekly strategy in a moment).
All of these methods work somewhat, but they simply are not aggressive
enough to accomplish the goal of paying off your mortgage in ½ the time
or less.
Take the bi-weekly mortgage strategy for example.
A bi-weekly strategy simply changes the way you make your payments.
Here's how it works...
On a $200,000 loan at 6.00% interest you will pay (appx.) $2,000 / mo.
Instead of writing a check for $2,000 on the first of every month, You
simply pay $1,000 every 2 weeks (automatically deducted from checking).
It's as simple as that!
Instead of 12 monthly payments of $2,000 which equals $24,000/year,
you make 26 payments of $1,000 each, which totals $26,000/year.
By using a bi-weekly strategy, at the end of each year, you end up
making an extra monthly payment.
This extra payment gets applied to your principal.
Just this simple strategy will reduce your mortgage schedule by 7 years.
It works by reducing the principal early on in your mortgage payment
schedule, thus significantly reducing the interest you pay to the bank.
Whether you have a $200,000 mortgage or a $2 million dollar mortgage,
a bi-weekly program will take about 7 years off your mortgage payments.
However, as noted earlier, to cut your payments down to 10 years,
a more aggressive strategy than a bi-weekly will be required.
Listen closely, I'm going to tell you a closely guarded secret
that the banks don't tell you…
You can go down to the bank, open up a home equity line of credit,
(HELOC) and use it to pay down on your first mortgage.
You can use the bank's own money to pay down on your mortgage!
This is called LEVERAGE. Use it wisely, and you can accumulate wealth.
Here’s the dilemma…
How much money are you moving? When are you going to move it?
And most important, How are you going to pay it back?
You have to have a checks and balance system, so that you don’t get
into more debt. You have to have a system of how to apply the HELOC
money to use leverage in your favor, not the banks.
With Mortgage Reduction you don't need to be an expert with mortgages
or a math wizard either. The Mortgage Reduction Ebook explains this
valuable information with clear descriptions, everyday language,
and simple examples.
-It doesn't matter what condition the economy is in.
-It doesn't matter where you live or what type of mortgage you have.
-It doesn't matter how much you know or don't know about mortgages.
The Mortgage Reduction eBook will benefit you whether you're a first
time homeowner or a veteran real estate investor... quickly allowing you
to build wealth through your existing mortgage.
You'll grasp this concept with ease and begin to see the first acceleration
of equity buildiup in the very first month.
If you would like to learn how you can...
Save Tens of Thousands of Dollars!
Even Hundreds of Thousands of Dollars in interest payments and pay your
mortgage off in 10 years AND build equity within 3 years. You need to read:
Mortgage Reduction eBook
It’s not magic or B.S. It’s not a scam. It’s just Math - No more, no less.
It's a mathematical formulation that reduces your principal up front.
It reduces the amount of interest and the amount of time you pay it.
Mortgage reduction is just a repositioning of money and using the tools
that are available to do it. That’s all it is. Nothing more, Nothing less.
It's legal. It's ethical.
It can save you Hundreds of Thousands of Dollars.
If you would like to learn “How To Quickly Build At Least $40,000 Worth
Of Home Equity in 3 years And Pay Your Mortgage Off In 10 Years Or Less”
read the Mortgage Reduction Ebook I recommend called…
“Mortgage Cycling Revealed”
by Craig Romero
You can get access to the information immediately. Go to:
http://www.mortgagereductioninfo.com/
If you have any questions, contact us at:
MoneyPlus2000@gmail.com