SiteName.com
Accelerated Mortgage Payoff
As a homeowner, you have probably heard of several different accelerated mortgage payoff programs. Most of these programs, referred to as "bi-weeklys," charge customers to schedule their mortgage payments every two weeks instead of every four weeks. By doing so, the customer accumulates one additional "monthly payment" every year. The biggest disadvantage of a bi-weekly accelerated mortgage payoff programs is that borrowers still end up burdened with monthly mortgage bills for twenty years or more. Over the life of their mortgage they end up paying tens of thousands of dollars in interest. Even worse, they've paid a company to schedule payments when they could have simply written in the additional payment amount on a statement from their mortgage lender.
Sydney Financial's accelerated mortgage payoff program is different. We use a proven accelerated mortgage payoff system that was originally pioneered in Australia and has been wildly successfully used throughout the world. We help our clients obtain a HELOC and leverage that money to actually reduce the amount of interest that the borrower will owe. Our unique accelerated mortgage payoff program helps you pay off your original home loan incredibly fast - usually in just 15-20 years. Many clients find that they can pay off their loans in half the time.
How Our Accelerated Mortgage Payoff Program Works
When you contact a Sydney Financial Accelerated Mortgage Payoff advisor, he will walk you through each step of the process and answer any questions you may have. Here's what to expect:
- First, we'll help you take out a low-interest home equity line of credit (HELOC). The amount you receive will be based on the equity that you have in your home.
- Second, we'll help you convert the line of credit into a mortgage checking account, a specialized account that can be used as your primary checking and savings accounts.
- Third, the mortgage checking account will leverage your monthly income by automatically applying the balance towards your home loan until you need for other expenses. This reduces the daily interest that accumulates on your mortgage. Because your interest payments will be lower, you'll be able to put a larger amount of money towards the principle of your loan.
Instead of wasting your money on unnecessary interest charges and drawn out principle payments, our accelerated mortgage payoff program can help you to own your home outright in less time than most people imagine is possible. Once you see the unique accelerated mortgage payoff program in action, you'll wish you'd signed up years ago.
Unlike some programs, the Sydney Financial accelerated mortgage payoff program will never ask you to refinance your original mortgage at a higher interest rate. As a valued client, you'll also have lifetime access to in-house financial advisors as well as the opportunity to participate in a free financial training seminar.
Learn More About Our Accelerated Mortgage Payoff program
To learn more about Sydney Financial's unique accelerated mortgage payoff program (and start saving money) contact one of our advisors today.
