Uncovering The Myth Of Traditional Mortgages…

Uncovering The Myth Of Traditional Canadian Mortgages Involves Clarifying A Few Key Points.

Mortgages Consist Of Two Main Components: Borrowed Capital And Mortgage Interest. There Are Other Factors Such As Time, Period, Amortization Schedule, And Mortgage Flexibility; However, We’ll Leave Those Factors To Your Real Estate Or Mortgage Agent.

Fact: If You Borrowed $600,000 From Your Preferred Lender, Like All Loans, You Have No Choice But To Pay It Back.  There Is No Way Around Or Circumventing Paying Off Your Loan. To Finish Off This Point, Loans Or Mortgages Are Labeled As Debt Instruments.

The Second Component, Mortgage Interest, Is Where We Perform And Excel. Hint: If You Paid Your Mortgage Every Two Weeks Instead Of Every Month, You Would Shorten Your Original Mortgage Schedule By Just Under Four Years. Without Lifting Your Pen Or Clicking On Your Mouse... Not Bad For Simply Increasing Your Payment Frequency.

Would You Like To Know Why? DM Me On LinkedIn, Facebook Or Email Me. We Are Exploring Real Estate Brokerages Who Would Like To Incorporate Our Mortgage Elimination Plan With Our Lead Generation Strategy Of Generating 155 New Leads In 90 Days...

The Math Of This Strategy: If Your Mortgage Payment Was  $3,000 A Month, You Would Save Yourself $144,000 In 4 Years. The Formula Is $3,000 Mortgage Payment X 12 Months X 4 Years = $144,000 Of Saved Payments. Not Bad. Imagine $144,000 In Your Investment Accounts Working For You Or The Down Payment Of A Rental Property. Yes, The Dream Is Still Alive...

There Are Multiple Mortgage Reduction Strategies In The Market, Some Are Quite Expensive And Labour-Intensive (Movement Of Money Between Accounts), And Then Some Solutions Adopt A Set-It-And-Forget-It Strategy. This Is Where Our Software, The Mortgage Eliminator™, Excels. Here Is A List Of The Top 7 Mortgage Quick-Pay Strategies:

1) Bi-Weekly Payments

2) 10% Principal Top-Up Annually

3) Refinance Your Existing Mortgage Or Secure A New Mortgage For A Better Rate

4) Switch From A Traditional Mortgage To A Line Of Credit Facility

5) Move Money Between Multiple Debt Instruments, Such As Credit Card/Line Of Credit

6) Purchase Costly Software To Create A Revised Schedule.

7) Purchase A Cost-Efficient Strategy Which Saves You Both Money And Time. Introducing The Mortgage Eliminator™ Software.

We Are Not Here To Criticize Any Of The Above Quick-Pay Strategies But To Bring Attention To The Fact That You Do Not Have To Stick To Your Lender's 25-Year Schedule, You Can Be Proactive And Do Something About It.

Our Software Creates A Revised Mortgage Schedule To Pay Off The Mortgage In 12.5 To 15 Years, Saving $100,000 - $150,000 Or More* In Wasted Interest. The Mortgage Eliminator™ Software Requires Three Data Points And We Will Reveal The Amount Of Money You Can Save And Your Mortgage Freedom Date (Free Of Charge).

The Only Information We Need Is Your: A) Current Mortgage Balance, B) Interest Rate, And C) The Number Of Years Left On Your Mortgage (Nothing Confidential). The True Measure Of Success Is A Solution That Has Minimized Steps, Is Simple To Understand, And Can Be Easily Executed With A Backdoor Or Stall Function** Without Affecting The Success Of The Overall Strategy. (**Built-In)

In Summary, Paying Off Your 25-Year Mortgage In 12.5 To 15 Years Should Not Be Labour-Intensive; It Should Provide Value-Added Results And Demonstrate A Degree Of Measurable Success.

If You Asked Any Homeowner, "Who Would Like To Be Mortgage-Free Sooner, Saving $100,000 - $150,000 Of Wasted Mortgage Interest?" Anyone With A Mortgage Will Provide You With An Unanimous Answer: Of Course, 100% Yes.

Especially If We Can Re-Direct Your Savings To Build Personal Wealth. Achieving Mortgage Freedom Is Great; However, Saving A Great Deal Of Money Is Fantastic; The Mortgage Eliminator™ Software Will Open Financial Opportunities Not Previously Thought Were Possible...

For More Information Or To Discuss The Mortgage Eliminator™ Software, Email Me At riyadm@themoneycafe.ca Along With Your 3 Data Points: Your Current Mortgage Balance, Interest Rate, And How Many Years Are Left On Your Original Mortgage. (*Results Vary With Each Mortgage/Client Profile). Visit Us @ www.themoneycafe.ca