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All Press Releases for April 29, 2005 Subscribe to this News Feed    
 

Inverse Mortgage: Pays Off Your Mortgage in 12 Months - New Mortgage Pay Off System Reduces 15, 20, even 30 Year Mortgages to One Year - Zero Cost - Zero Risk

The plan is such that an entire 30 year mortgage can be paid off in less than a year. Renters can use this type of mortgage to get out of your rental place and into home ownership - free and clear.

(PRWEB) April 29, 2005 -- What is this New Inverse Mortgage all about? Mortgage Brokers are embracing this new innovation in mortgage financing.

This is not a mortgage cancellation or settlement program. This is about using what is probably your largest expense each month and eliminating it in less than a year. There is Zero Out-of-Pocket to participate.

If you own your own home or currently rent, the Inverse Mortgage enables you to turn that monthly mortgage payment or monthly rental payment into an asset building tool.

Buy a home, refinance a home, real estate, own a home, refi a home, first time buyer, home ownership, qualify for a house, low interest rate, rising interest rates, rising mortgage rates: whatever your situation, you can apply this system because it has nothing to do with credit ratings.

How it works:
By just changing the timing of your monthly payment and investing about 10 hours of work, you can have your entire mortgage paid off, in full, in a matter of months.

And if you rent, the same process can get you into a home you own free and clear without any mortgage payments in a matter of months.

How it evolved:
Celebs began paying for their homes on the biweekly plan. Then it became fashionable to pay for their homes within the first year of ownership. Recently, many high profile celebs and prudent business persons purchased their homes in this manner.

You've probably heard of biweekly mortgage payment plans - you know where (usually for an additional fee) you pay every 2 weeks instead of every month resulting in an extra monthly payment each year. Such a plan will save you thousands but now there's the Inverse Mortgage.

The Solution:
The company that invented it, Brixdale, calls it an 'Inverse Mortgage.' The plan is such that an entire 30 year mortgage can be paid in less than a year.

If you rent, you can use this type of mortgage to get out of your rental and into a home that you own - free and clear. This too, can be done in less than a year and there will never be any mortgage payments.

You can leverage the 'Inverse Mortgage' into an income stream as well. There is no reason to go on paying for your home once or twice, for the bank: and then pay for it again for yourself.

Benefits:
Many have found the Inverse Mortgage to be beneficial. Simply spend what you already have been, but in a different way. Nothing changes, except timing and a little work. There is Zero Out-Of-Pocket expense.

To learn more, Click here and listen to the full presentation.
http://thesecretpays.com/21800in4weeks.html

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Sherm Mason
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