Equity Accelerator: Why Some People Almost Always Live Debt Free… The dream of homeownership is to live mortgage free. I’m going to show you a way to accelerate the equity in your home and live mortgage free. And I’ll show you how to use an Equity Accelerator system to take years off your mortgage and save thousands without changing your mortgage payment or your lifestyle.
I have a quick question for you. When you hear the words Equity Accelerator, what do you immediately think of? Hands down, the two things that came to mind for the 450 homeowners I surveyed were: build equity in my home faster and use a bi-weekly method to pay off my mortgage. The homeowners who were surveyed were right and wrong in their answer.
It’s not their fault they responded this way. It was just what they believed and how they were marketed in the past. With a Home Equity Accelerator, you can quickly build equity and achieve your goal of early mortgage payoff. But you don’t need to use a bi-weekly system to do this. I have a confession to make. When I first came across the Equity Accelerator method 5 years ago, I thought the bi-weekly system was the key to unlocking the secrets. I was embarrassed when I found out the real truth behind this.
There is no secret in the biweekly system. Banks take advantage of the fact that they can hide information from you and make a quick buck out of it. That’s how this really works. When you make your mortgage payments once a month, you end up making 12 payments a year. Now the biweekly system requires you to make a payment every two weeks. Since there are 52 weeks in the year and if you divide this by 2, you end up making 26 mortgage payments. 26 mortgage payments is the same as making 13 monthly payments.
That’s right 13 and not 12. So the banks charge you money to make an extra payment and trick you into thinking you’re paying off your mortgage early. Any Equity Accelerator program will not charge you extra for doing something you can do on your own. This is how the Equity Accelerator Program really works. A HELOC is the perfect mortgage equity accelerator weapon for any homeowner. You can take a HELOC and with a few tweaks you can turn it into a checking account just like your normal checking account. And when you use this for banking, you can shave years off your mortgage and save thousands. Let’s take a quick example.
If you have a $200,000 mortgage and you still have thirty years until you finally pay this off. The equity accelerator combined with HELOC can cut at least 13 years off your mortgage saving you tens of thousands of dollars. And the best thing is that you don’t have to change your mortgage or spend more. An effective Equity Accelerator can provide you with that direct benefit. This risk-free approach can help you restore the value of your home and help you plan for a debt-free retirement.
