"I thought this might get someone’s attention. The principal behind this entire program is the difference between the ways interest is calculated. The reason for using a HELOC is that is calculates interest using simple interest or the Average Daily Balance. The exact principal applies with a credit card. If you can borrow money against a HELOC or credit card and apply this amount toward the balance on the mortgage you have accomplished two feats. One: You have just reduced or truncated the..."    View Post

"I cannot agree with you any more, Bobby! When I was first introduced to the program I thought it was simply a scam. It was not until my third and yes I said third presentation that I had my epiphany. In 1997, I formulated the concept of paying off a mortgage quick by simply applying and additional payment prior to the first compounded payment was due. This is just math and nothing more. I was astounded by the progress one can make versus the highly touted bi-weekly payment program that was being..."    View Post