Before You Refinance Your Mortgage or Apply for a HELOC, Read This!

Unfortunately, the program that this article is describing is only available in the United State; however, you may find a similar program in the United Kingdom and Australia.

Before you refinance your mortgage and turn your 30-year mortgage into a 37-year mortgage (many financial institutions may try to get you to refinance your mortgage every 5 to 7 years to use your equity to consolidate bills, do home improvements, or take a needed vacation) there are a few things you should know.

Your first mortgage is “Front End Loaded with Interest!”

Only a small amount of your mortgage payment is going toward the principal.

It’s why we pay for years, and it seems the amount we borrowed is decreasing very slowly.

In most cases, you can pay your mortgage for 20 years and still possibly owe close to half of what you originally borrowed.

So, a second mortgage is not the answer!

Neither is a Home Equity Line of Credit!

There are Pros and Cons of getting a HELOC, but one of the biggest is the possible variable interest rate you will pay when you use the line of credit that comes with your HELOC.

There is a Better Way!

What if you could pay your mortgage and all your bills off in less than the amount of time it would take you to pay your mortgage off and then use your same payment to create a Nest Egg?

The program I’m talking about has helped some of our clients pay off all their bills, including a 30-year mortgage in as little as 5 to 7 years!

Read that again and let it sink in!

Some of our clients have paid off up to three mortgages and all their bills in less time than it would have taken them to pay off a 30-year mortgage.

This program works even if you’re a real estate investor!

Can you imagine having up to 100 properties as a real estate investor and all of them are on our program to pay off their mortgages in as little as 5 to 7 years?

With our program not only is it possible to pay off your mortgage and the rest of your bills in as little as 5 to 7 years, but the possibility of being DEBT FREE now makes it possible to create a bonus of “Generational Wealth” in your lifetime!

For more information about this incredible program, text “DEBT FREE” to 855-927-4140.

Let us help you make your financial goals a reality!

Steven Dobson

Financial Educator/Entrepreneur