Revolutionary program revs up equity gains and accelerates pay-off for homeowners without increasing cash outlay, without a bi-weekly plan and it runs on auto-pilot.
/24-7PressRelease/ - September 18, 2007 - Build home equity 2 to 3 times faster without sacrificing lifestyle or changing your current spending habits? California based, MoneyNavigation, Inc.'s FastEquity System, provides a maximum debt elimination, equity building alternative to conventional home financing. Rather than creating traditional amortizing debt against your home, the program provides the homeowner an innovative combination of a checking account with the primary home loan.
This arrangement allows for all personal cash flow to go against the loan balance which forces down the daily interest charged on the balance, cutting an average of 15 years or more off the repayment schedule of a traditional mortgage. All the while allowing the homeowner full access to their money to pay their regular monthly bills. Banking your money in your mortgage until you need it means you are always paying down the maximum amount of debt at all times, automatically.
"This loan flips traditional mortgage financing upside down." According to MoneyNavigation's President, Mary Jo Lachica, "With a regular 30yr fixed rate loan, about 96% of your payment is going toward interest and only 4% is paying down your principal balance. It's not until year 23 that you begin to make significant payment toward principal."
"But, with the FastEquity System's loan you're actually paying down your principal balance first, before your interest is ever even calculated." Lachica continued, "And savvy homeowners know that the faster you can reduce your principal balance, the faster you'll pay-off the loan and the more interest you'll save overall."
"Best of all, the whole system runs on auto-pilot. It's like Ron Popeil likes to say 'Just set it and forget it'." remarks Lachica, while describing the simplicity for the homeowner. "However, the FastEquity System is more than just this unique loan program. The system includes additional, insider techniques and strategies, that really turbo-charge the loan's capabilities. From paying off your home early to retirement funding to paying for the kids college education, our FastEquity System, powered by this ingenious new loan program, really has people excited."
Without changing current spending, some homeowners are experiencing results leading to "Free & Clear" ownership in as little as 5 to 7 years. Originally developed in Australia 12 years ago in response to the government's elimination of the mortgage interest tax deduction, this type of loan has a proven track record of success in other countries including the UK, New Zealand and Canada but has just now made it's way to America's shores.
Those interested in the possibilities of the system can learn more with 2 brief video presentations available at http://www.FastEquitySystem.com.
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