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Free Mortgage Reduction Service Provided for Economically Disadvantaged Homeowners

Free mortgage reduction service provided for economically disadvantaged homeowners by trained and certified reduction experts through software enrollment.

Dallas, TX (PRWEB) June 18, 2009 -- Private nonprofit organization offers economically disadvantaged homeowners free enrollment into professionally managed mortgage reduction service provided by trained and certified mortgage reduction experts through a special educational software (MM-88627). Software shows homeowners how to save thousands of dollars without refinancing, cut years off mortgage without increasing payment, build principal equity in home up to 300% faster, and audit loans automatically to find lenders mistakes which occur about 50% of the time according to the F.D.I.C.

Statistics show that homeowners owe 90% of the amount borrowed after paying 15 years on a 30 year mortgage and still owe over 50% after making payments for nearly 24 years. The F.D.I.C. estimates that 1 out of every 2 mortgages is miscalculated and homeowners may be overcharged $8-$10 billion dollars each and every year. The facts are that homeowners make over 80 unnecessary payments on a 30 year conventional mortgage and owe over 3 times the amount originally borrowed before paying mortgage in full.

Educational software provides homeowners with opportunity to enroll into free mortgage reduction service that works with existing mortgages and requires no changing of lenders, no credit reports, no refinancing, no debt consolidation, and no home appraisals. The good news is this program works with all banks and lenders across the US and homeowners are not under any obligations to continue using service. You can find out more about this free mortgage reduction service and how to save your money at www.freemortgagereduction.org.

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