 Watch
the Accelerated Mortgage Pay-off video tour
Get started!
Check with me to see if the
Accelerated Mortgage Pay-off is right for you. Speed Equity Growth.
Join our group and learn about the exciting
opportunities and benefits that a member receives. Please
email us
with your contact information and the best times to contact you.
Remember to include your time zone. We will be in touch with you ASAP.
Email us today.
Why can’t I make extra principal payments
to my primary mortgage and achieve the same results?
Simply put, the mathematics
behind Accelerated Mortgage Pay-off present a sophisticated process that has a substantial financial
benefit over increasing your monthly payments. The algorithms in the
proprietary Accelerated Mortgage Pay-off system are systematically programmed to create the highest
interest savings possible in the least amount of time. The math engines
programmed in the Accelerated Mortgage Pay-off system calculate the specific timing and dollar
amounts required to produce the most optimum savings on each individual
mortgage and overall financial situation. The result is an accelerated
equity growth.
Does it make sense to
move my savings accounts over to Accelerated Mortgage Pay-off?
Yes, in moving your savings into
your Accelerated Mortgage Pay-off account, you decrease even further the amount of time left to pay
off your mortgage. Your customized online site has the ability to build a
variety of financial models to help you understand the effect that the money
in your savings account will have in decreasing the amount of time it will
take you to speed equity growth and pay off your mortgage.
Do I make monthly
payments on my line of credit?
Not in the traditional sense.
You will use your line of credit similarly to your primary checking
account. Your paychecks will be applied to your line of credit and your
monthly bills will be paid from the account. By transferring your income
each pay period, the line of credit lender will credit the monthly payment
requirement and lower your daily average balance, thus reducing interest
charges which make possible an accelerated equity growth.
If I am not
increasing the monthly payments on my mortgage, how can this program be
possible?
The Accelerated Mortgage
Pay-off system makes a
connection between your bank account, the Home Equity Line of Credit, and
your primary mortgage. Each time you transfer income into your account, it
registers as a decrease to your mortgage balance. By decreasing your
mortgage balance, you now lower the balance in which interest accrues. By
decreasing the balance in which interest accrues, you increase the portion
of your monthly payment which is credited toward your principal pay down.
The Accelerated Mortgage Pay-off system determines the specific timing and amounts for each
transfer required to produce the quickest payoff time and highest interest
savings possible to speed equity growth. There are also multiple financial options programmed
into the Accelerated Mortgage Pay-off software which assist homeowners in paying down their
mortgage as soon as possible by an accelerated equity growth.
Why am I applying
for a line of credit, and how is it associated with my savings and
checking accounts?
Accelerated Mortgage Pay-off uses the
equity line of credit solely as a vehicle or a tool to drive the speed
equity program.
Accelerated Mortgage Pay-off is coordinated through systems
that work independently of the lender. The equity line of credit
must have the capacity to operate similar to a primary checking account
and be set up with an open-end interest calculation rather than a
closed-end interest calculation. Combined with the
Accelerated Mortgage Pay-off web-based system,
this creates a formula in which the money in your line of credit account
generates an interest cancellation on your primary mortgage which leads to
accelerated equity growth.
Do I have to
change banks?
It is not necessary to change
banks. After signing up for the program, we have a customer support team
that will assist you in orchestrating your banking needs with your
Accelerated Mortgage Pay-off program
that will speed equity growth.
|
|
Here's how the
Accelerated Mortgage Pay-off can help you
achieve accelerated equity growth:
Repaying
your mortgage early
When repaying a mortgage,
it's not the rate you pay that's most important. What matters is the
total amount of interest you pay over the term of your loan. With
Accelerated Mortgage Pay-off , you use your income and savings to reduce your
loan balance and minimize your interest payments. This means more of
your money goes towards your principal balance each month, helping you
repay your mortgage years earlier and save thousands of dollars in
interest while achieving accelerated equity growth.
Reducing
monthly payments/consolidating other debts
Accelerated Mortgage Pay-off is
much more than just an accelerated mortgage payment option. Other debts
(e.g. credit card balances, personal loans, overdrafts etc.) can be
transferred to
Accelerated Mortgage Pay-off -
which means you benefit from paying less interest on all your debts
instead of expensive, unsecured rates. The reduction on your minimum
monthly payments can be significant.
And if you're concerned
about rolling all your debts into one big balance, don't be. You'll be
able to break your debts into individual repayment plans. So you can
have a plan for your mortgage, a plan for your credit card balance, and
a plan for your loan.
Accelerated Mortgage Pay-off will help you budget to pay off what you want
when you want, and you'll be able to see each element of your debt
falling month-by-month in line with your plans to speed equity growth.
Funding
a major purchase (new car, holiday home, boat etc.)
Accelerated Mortgage Pay-off can
help in a number of ways - depending on whether you want to build a lump
sum of equity to fund a purchase, borrow the money, or do a little of
both.
Building a lump sum
Many mortgage programs on the
market give you the chance to overpay your mortgage each month. But if
you're looking to save for a major purchase (e.g. a holiday home, a car or
a boat) at the same time, you haven't got the flexibility to do so.
Accelerated Mortgage Pay-off lets you have your cake and eat it too. It allows you
to put money aside each month for the purchase and use this money to
reduce your balance while you build up the lump sum.
With
Accelerated Mortgage Pay-off, you'll be able to set up a savings plan just
for this. That way, the savings part of your balance can be seen
separately from the rest of your Accelerated Mortgage Pay-off balance, and you can
budget to build up the lump sum by the date you want.
Borrowing at a mortgage-style rate
Traditionally, if you haven't
got enough saved for a major purchase like a new car, your only option is
to borrow the money. This usually means taking out an auto loan or using a
credit card, all at much higher interest rates than you pay on your
mortgage. The Accelerated Mortgage Pay-off is a much cheaper way to pay, because
everything is paid back at a very low mortgage-style interest rate.
And you can set up a separate loan plan just for this. That way you can
focus on paying this part of your Accelerated Mortgage Pay-off balance off as
quickly or as slowly as you want, and you can check your overall plan
whenever you like.
Buying
a second property
Because the
Accelerated Mortgage Pay-off is secured against your home, you can usually spend up to 100% of
the property value. So if you'd like to use the equity in your home to buy
a second property, it's ideal! You can borrow at a very low
mortgage-style interest rate while retaining the flexibility to pay back
how and when you like. Many lenders will charge a higher interest rate
simply because the money is for a second property, but with the
Accelerated Mortgage Pay-off, you can pay a much lower amount of interest than
traditional investment style interest rates.
And you can set up a separate payment plan just for this. That way you can
focus on paying this part of your Accelerated Mortgage Pay-off balance off as
quickly or as slowly as you want - and check your overall plan whenever
you like.
Planning
for school fees or university
If you have young children,
chances are you'll need to either save or borrow enough money to get the
children through school and university. The Accelerated Mortgage
Pay-off can help
in both instances. Again:
Building a lump sum
If you're looking to put money aside each month for the future, then one
of the best places for this is the Accelerated Mortgage Pay-off. In this way, the
money can reduce your interest charges on a day-to-day basis, and you can
simply draw on it when the time comes.
With the Accelerated Mortgage Pay-off, you'll be able to set up a savings plan just
for this. In fact, the savings part of your balance can be seen separately
from the rest of your Accelerated Mortgage Pay-off balance, and you can budget to
build up the lump sum by the date you want by accelerated equity.
Borrowing at a mortgage-style rate
Alternately, if you need to borrow the money, the Accelerated Mortgage
Pay-off
allows you to release the equity in your house at a low mortgage-style
interest rate and with the least amount of hassle.
You can even set up a separate borrowing plan just for this purpose! The
great thing about the Accelerated Mortgage Pay-off is that it gives you the
flexibility to do what you like with your money. In many ways, you don't
really have to think about whether you are borrowing or saving, because
when you've got money, it can go in the Accelerated Mortgage
Pay-off to
reduce your balance. And when you need money, you can simply
draw it out of the account
Coping
with short-term ill health, unemployment, redundancy or moving jobs
The flexibility of
Accelerated Mortgage Pay-off works both ways. It's not just a vehicle to quickly repay your
mortgage. When money's tight (e.g. if one income disappears temporarily
as a result of illness or loss in job), then
Accelerated Mortgage Pay-off enables you to use your increased equity build up to pay for the daily
or monthly costs you incur until you are able to get back on your feet
financially. This way, you know you’ll get back on track, come what may.
We've got a dedicated team of account managers on hand to talk through
your options. You'll also be able to use our online service to run a
tight budget. It will let you analyze where your money's going, plan
your entire spending for the month, and work out what you'll have left
over, as well as set longer term plans for repaying your loans.
The key thing is that
Accelerated Mortgage Pay-off gives you the financial
flexibility you need to adjust to changes in your lifestyle - in a way
that's right for you - without having to worry unnecessarily about
unknown consequences.
Planning
for maternity
The flexibility of
Accelerated Mortgage Pay-off can be used to cushion the financial impact of a newborn
baby. If one of you wants to take time off work, then there are a number
of options available, from reducing your overall payment commitments for a
time to providing the additional money needed for those unforeseen
expenses.
If you need to run a tighter budget,
Accelerated Mortgage Pay-off can help you. Our online service
will let you plan your entire spending for the month and work out what
you'll have left over, even down to the penny if you want. You'll also be
able to analyze where your money's going, so you can see at a glance where
you can cut your spending.
Accelerated Mortgage Pay-off can also help you set longer term plans for
repaying your loans, taking into consideration the peaks and troughs of
your income and expenditure over the coming years.
The key thing is that the
Accelerated Mortgage Pay-off gives you the financial
flexibility you need to adjust to changes in your lifestyle - in a way
that's right for you - without having to worry unnecessarily about unknown
consequences.
Short-term
spending e.g. holiday, Christmas
Most of us are used to getting
out the credit cards when it comes to the more expensive periods of the
year, such as booking the summer holiday or buying presents at Christmas.
Accelerated Mortgage Pay-off can take the stress out of these things, allowing
you to reduce your repayment commitments for a time and make them up at a
later date. Instead of hiking up your credit card balance, you can simply
spend a little more of your monthly income, leave a little less in the
Accelerated Mortgage Pay-off, and then just get back on track as you go
forward to an accelerated equity growth.
This means you're no longer tied to the usual 'receiving income/spending
income' monthly cycle - you have the flexibility to cope with the peak
spending periods of the year without the interest and expense that
normally comes with them. All the while you will be speed equity.
Making
the most of an inheritance, windfall, large bonus, or maturing investments
Accelerated Mortgage Pay-off offers
a better home for lump sums than any conventional deposit account. By
depositing them straight into the Accelerated Mortgage Pay-off, you reduce your
loan balance, so you pay less interest. The interest you save by doing
this is more than the interest you could earn in any other savings
account. And because it's interest saved rather than interest earned,
there's no tax to pay.
And the great thing is that Accelerated Mortgage Pay-off comes with checks and
a debit card as well, so you've got instant access to this money. You'll
have a checkbook, debit card, telephone, and internet access all at your
fingertips. There are no notice periods; you can simply draw on your money
whenever you like and for whatever you want.
Funding
home improvements
If you're looking to build
that extension, then using the equity in your home could be the most
cost-efficient way of funding it. Because
Accelerated Mortgage Pay-off is
secured to your home you can usually spend up to 100% of the property
value and pay below market interest, so no more expensive personal loans
or finance agreements.
Get started!
How long will it be until you are mortgage free? We’ll do a
FREE
Analysis! Just click here.
We can show you how much time and interest you can save. It’s typical to
cut the pay-off time by more than half and save you thousands of dollars!
Join our group and learn about the exciting
opportunities and benefits that a member receives. Please
email us
with your contact information and the best times to contact you.
Remember to include your time zone. We will be in touch with you ASAP.
Email us today.
Five Easy Steps to Becoming
Mortgage Free:
1. Fill out the Accelerated
Mortgage Pay-off application
2. Activate your Accelerated Mortgage Pay-off
3. Deposit Your Paycheck: Deposit your paycheck into your current
checking and/or savings account. As soon as the funds clear, the amount you
designate is transferred from your checking and/or savings account into your
Accelerated Mortgage Pay-off managed line of credit. Because the line of credit is
connected to your home, the money transferred from your checking and/or
savings accounts decreases your mortgage balance, thus reducing the balance
on which interest builds.
4. Pay Your Bills: Throughout the month, you pay your bills using your
Accelerated Mortgage Pay-off managed line of credit. With this account, money is
immediately available through checks, debit cards, and ATMs. The amount left
after bills have been paid remains against the balance of your mortgage
until you need it, keeping your mortgage balance as low as possible, further
reducing mortgage interest charges.
5. Follow the system: Follow the promptings of the online Accelerated
Mortgage Pay-off system to
maximize your savings speed equity growth and pay your mortgage off as quickly as possible.
Get started!
How long will it be until you are mortgage free? We’ll do a
FREE
Analysis! Just click here.
We can show you how much time and interest you can save. It’s typical to
cut the pay-off time by more than half and save you thousands of dollars
and speed equity growth!
Join our group and learn about the exciting
opportunities and benefits that a member receives. Please
email us
with your contact information and the best times to contact you.
Remember to include your time zone. We will be in touch with you ASAP.
Email us today.
© 2007, Allen Aslan Heart / White Eagle Soaring of the Little Shell Pembina Band, a
Treaty
Tribe of the Ojibwe Nation
|
