Thank you for taking an interest in the exciting Home Ownership Accelerator loan program.
The Home Ownership Accelerator breaks with mortgage tradition by giving you, the borrower, the power to reduce your debt more aggressively. Traditional mortgages give you lots of ways to get into the loan affordably, but offer no tools to help you manage the debt down. The Home Ownership Accelerator does help reduce debt more quickly, simply by putting all your personal income to better use.
The Home Ownership Accelerator combines your checking, mortgage and home equity line accounts into one super account. Cash deposited into the account flows directly against your loan balance until you spend it. How does this simple change work so well? Simple:
Their income lowers their monthly balance.
The lower balance saves you interest.
The saved interest becomes extra principal payment.
This further lowers their balance, saving more interest.
This frees up even more money to reduce principal.
This cycle repeats itself each month, compounding their interest savings
and accelerating the reduction of your client's debt.
Combining your main personal cash management tools into one master account relieves you of the need to track money transfers manually. Once the account is set up, transfers to and from your loan account occur automatically. So do your interest savings from your positive cash flow. And when you need cash for investments or expenses, it is quickly available via check, electronic transfer or ATM withdrawal. Nothing could be simpler.
Discover how the power of your own cash flow could significantly accelerate your home loan's pay down, saving you thousands in interest and getting you free-and-clear of mortgage payments years ahead of schedule, without demanding any change in your current spending habits.