Mortgage Acceleration Program Helps Homeowners Eliminate Holiday Debt The Sydney Financial mortgage acceleration program is helping homeowners give themselves the most-wanted gift this holiday season: a debt free existence.
BigNews.Biz - Dec 11,2008 - Salt Lake City, Utah – The Sydney Financial mortgage acceleration program is helping homeowners give themselves the most-wanted gift this holiday season: a debt free existence.
By enrolling in Sydney Financial’s mortgage acceleration program, clients are able to payoff their home loans years before the expected date, saving them thousands (or even hundreds of thousands). Mortgage acceleration clients also benefit from other money-saving benefits such as built-in credit card acceleration and budgeting software.
To begin the program, mortgage acceleration professionals help new clients take out a second mortgage or home equity line of credit. The new loan is then converted into a specialized “mortgage checking account,” which is leveraged to actually slow the accrual of interest on the original home loan. Using this mortgage acceleration method, homeowners are able to eliminate debt without increasing their mandatory minimum payments.
Mortgage acceleration clients are urged to consolidate any higher-interest debts (such as credit cards) by using the lower-interest home equity line of credit. Since home equity rates are extremely low in today’s market, many borrowers experience an almost immediate reduction on their monthly bill. They can take longer to pay the debt and pay less over time. Savings from the mortgage acceleration program can be used to pay off the home loan sooner or to fund holiday expenses.
Mortgage acceleration participants are also given access to advanced budgeting software, which can be used to evaluate potential purchases and make financial decisions. Through this system, they can instantly see the impact of making an extra loan payment or buying a high-ticket item. Thousands of clients have already found that the mortgage acceleration program is a valuable tool in deciding holiday spending.
To learn more about how the Sydney Financial mortgage acceleration program is helping homeowners this holiday, visit the website: www.sydneyfinancialgroup.com.
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