This Mortgage Acceleration course will teach you the ins and outs of how a mortgage works, and how to beat your lender at the interest game. You will get insider's secrets on how to pay off your mortgage much quicker than the traditional 30 year mortgage, and how to cut years off of any mortgage term you choose. Every homeowner, no matter what phase of ownership, will benefit from the information shared in this course. Students will have a thorough understanding of how interest works, and how interest is impacted by a mortgage acceleration plan. At the completion of this course, each student will be equip to immediately began to implement their own personal mortgage acceleration plan (MAP).
Gain a better understanding about mortgage design, and the principles associated with mortgage loans. Students will have gain a working knowledge of the pros and cons of mortgages, and develop a broader perspective of their purpose.
Break down the different types of loans, and their unique purposes. The goal is to encourage understanding of loan basics, and increase loan IQ for better comprehension of loan scenerios.
Learn how interest works, and it it impacts payments and principal. Discover the nature of interest, and how it benefits lenders' profitibility.
Discover the power of compound interest, and why Albert Einstein considered it the 8th wonder of the world. Understand how this principle can either be beneficial or detrimental to financial stability.
Analyze loan payments and payment practices that the bank use to create maximum profit. In analyzing interest and principal distribution, you can see the bigger picture of where your money is going.
Assess monthly calendars, and their impact on monthly mortgage payments. Identify how month length makes a difference in interest and principle distribution, and causes longer and larger mortgage payments.
Banks charge interest on different schedules and calendars than we realize. Look beyond the confusing, lengthy terminology and recognize the fundamental reason why the bank's calendar can cause you to pay extra interest.
Discover a savings trick that will lower interest, and as a result apply more towards the principle balance. In applying this approach, the calendar can be used to pay off a home several years earlier.
Discuss the benefits of adding additional funds to monthly payments, and rather or not it makes a true difference. Develop a sure understanding of why and how extra payments impact interest and principal.
Learn the difference between PMI and MIP, and how they affect homeowners differently. Become more familiar with mortgage insurance principles and it's purpose.
Learn how to identify if you qualify for PMI removal, and discover the steps to initiate removal.
Gregory Bethea is founder of G&E Debt-Solutions, and a knowledgeable financial consultant. He launched G&E Debt Solutions in 2014, in order to educate homeowners on financial options for saving money and speeding up mortgage payoff. He also specializes in asset protection and college funding, and is the founder of Victory College Funding Solutions.
G&E Debt Solutions is a debt relief organization specializing in solutions that eliminate interest, loan duration, and debt life span. Its expertise is Mortgage Acceleration, and is the leading source for lowering mortgage interest, generating mortgage reduction, and removing PMI premiums.
G&E Debt Solutions is an affiliate of The Biweekly Mortgage Association, which is one of the oldest and most respected independent Association of mortgage reduction consultants in the United States of America. Plus, their services earn an A+ with the Better Business Bureau.