Looking For A Home Loan? Here's How To Begin...We'll Provide You With News, Information, Resources And Articles About Loans. We'll Cover Home Loans, Mortgages, Second Mortgages, Home Equity Loans, And Refinancing. As
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Hot Topic: Tips On Getting Your Mortgage Loan Approved
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How Choosing The Wrong Loan Program Can Wipe You Out
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7 Critical Questions You Must Answer Before Refinancing
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Insider Secret: 3 Things Your Lender Will NEVER Tell You
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Home.LoanBegin.com
Presents Hundreds Of Articles, Tips, And Resources About
Home Equity Mortgages, Refinancing Home Mortgages, And Home Mortgage
Loans! Updated Daily.
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Mortgage Loan Tips.
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Why some people almost always get the lowest interest rate on their mortgage - for the least points - and No Junk Fees!
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Home Buyer Defense Guide.
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Real estate insider advice to help homebuyers avoid common mistakes when buying a home.
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Mortgage Secret Codes Revealed.
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A step by step guide on how to take control of the mortgage process and also How to beat the brokers and avoid mortgage ripoffs. |
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Money Smart Homeowners Use This Mortgage Strategy Every Time
Author: Randall Madon
There are currently more than 50 million home mortgages in the United States today. So why aren’t more homeowners taking advantage of the highest yielding lowest risk, tax-free financial strategy available today?
Let me ask you.
Where can you.......
• Forego only $3.35 in tax savings (three dollars and 35 cents)
• Invest $350 over the course of 12 months ( three hundred and fifty dollars)
• Get a return of $3,300! (That’s Three thousand three hundred dollars)
$3300 for $353.35?
It’s certainly not the stock market, pork bellies or even currency trading.
These vehicles are all highly leveraged high risk speculations in which the vast majority of the participants lose money, Lots of money.
So what is this low risk high return tax-free strategy?
Well, it’s right in front of your nose. In fact this is so close to home that you may have never even realized the life altering benefits you can achieve.
It’s called The Bankers Secret otherwise known as equity acceleration or mortgage principal pre-payment
Several years ago author Mark Eisenson wrote the best selling book titled The Bankers Secret which effectively blew the lid off of what most bankers were all too happy not to talk about. The strategy of pre-paying mortgage principal in order to accelerate equity gain.
It's no wonder they weren't talking. In our example above simply by paying an extra $350.00 on your mortgage in one years time $3300.00 in future interest is saved. Thats quite a savings, wouldn't you agree?
Years ago you could only learn of this by having a banker as a relative or by attending an expensive seminar.
Just imagine how much interest you will save while at the same time substantially cutting down the number of years it will take to pay off the mortgage.
But it gets even easier. Pay your mortgage on a bi-weekly basis (perfectly legal) and you will be astounded at the number of years you can shorten the mortgage while hardly noticing the change at all. This is the perfect strategy for those who feel they just can't afford to pre-pay a mortgage. Truth be known you really can't afford to miss this opportunity.
Since the publishing of The Bankers Secret many have embraced this deceptively simple and incredibly safe wealth building strategy. You may even have read the book and be familiar with the strategy. So the question begging to be asked is......
Why aren’t you doing this?
There are several reasons most people don’t begin an equity acceleration program but when you really analyze these you come to know that they’re really not reasons at all, they’re actually misconceptions.
See if any of these “reasons” sound like yours.....
• It sounds too good to be true
• I can’t afford to pre-pay
• I’ll lose my biggest tax deduction
• My banker will resent me if I pre-pay
• My banker will subtract my pre-payments from the back end of my loan
• I can get a better return on my money some place else
While many people use these as reasons not to get started the undiluted truth is that all these “reasons” are 100% false!
You can do this.
Start an equity acceleration program today and you will be years ahead of your friends at your very first mortgage burning party..
Remember this: When there is nothing to lose by trying and everything to gain then by all means try!
About the Author: Randall Madon is a business owner who is also a Homeowner. He uses a totally free equity accelerator software program. You can use it too. Download your free copy at
http://mortgagesavers.has.it
Source: www.isnare.com
Article Keywords:
Home Loans
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As you may know, I have a very deep passion for real estate and mortgages. In
fact, this website is a true labor of love for me.
As publisher, one my many duties is to review the many books, programs
and courses about real estate and mortgages that are on the market today. I’ll
be honest with you. Most of them are garbage. (Although
I do strongly recommend the programs in the “Must Have” box
above).
But, let me tell you, when I came upon the following headline, I new
I found a winner…
“Learn How To Quickly Build At Least $40,000
Worth Of Home Equity And Pay Your Mortgage Off In 10 Years Or Less”
-Without Making Biweekly Mortgage Payments-Or Changing Your Current Mortgage.
Now, the reason I knew it was a winner was because of the name behind
the headline. Craig Romero. Many consider Craig to be one
of the true geniuses in our field. I have a lot of respect for
him, and I
urge you to drop what you are doing right now and click the link below... |
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