Are you looking to pay off your mortgage in half the time and save thousands of dollars in the process? If so, a new computer program offered by a national mortgage broker may be of assistance.
Home n Work Mortgages Inc. offers expert mortgage advice along with a mortgage computer program to make the process of reducing future mortgage payments a reality. The most appealing feature is that you don’t have to increase your current budget, and it is suitable for any Canadian household that is currently paying off a mortgage. An analysis to determine your savings is offered free of charge by a mortgage broker.
According to Mark Montserin, the computer software designer for Home n Work Mortgages, the average homeowner is saving at least $100,000 with his mortgage program called “Smart Equity”. Mr. Monsterin’s company, Comcorp Communications has chosen Home n Work Mortgages to distribute their product to homeowners, mortgage brokers, financial advisors, insurance brokers, and financial planners across Canada. The cost of the program is less than 1 cent for every dollar saved in interest, which makes it a bargain for any homeowner with a mortgage.
Mr. Montserin states that, “Home n Work Mortgages is well respected on a national level in the mortgage industry. Its founder, Greg Stanley, is both an accredited mortgage professional and a certified financial planner. The Company teaches on a national level, providing continuing education to over 2000 registered financial planners each year. Home n Work Mortgages offers topics that provide the very best mortgage strategies for the average homeowner. One of those strategies includes teaching financial advisors how to use the Smart Equity software. Smart Equity together with Home n Work Mortgages will communicate and teach top financial advisors across Canada how to save the average household thousands of dollars in mortgage payments.”
By using the Smart Equity mortgage software, you will receive a personalized software package, and expert advice for acquiring the best ‘no hassle’ mortgage. You don’t have to increase your current budget to do this, and you will end up paying off your mortgage 50% faster than what any bank strategy will offer you.
Home n Work Mortgages is aligned with some of Canada’s most respected financial advisors. Their service includes face-to-face interviews to determine the amount of time a mortgage can be paid off while gaining valuable mortgage advice. Everyone that receives a free analysis will be surprised at how many years will be saved at making future mortgage payments, regardless of their current budget.
In a newspaper interview, Jean Magill, who purchased Smart Equity mortgage software claims that, “It just made so much sense, because it saves us money during a recession.” In October 2008, another client saved a whopping $865,000 in interest payments on his $1.25 million dollar mortgage.
The Smart Equity mortgage software uses the same method that some major banks use when lending out money, such as applying for a line of credit to aid in bringing down principal mortgage payments. The mortgage broker will activate your account, and design a personalized road map for you to follow. At Home n Work Mortgages, your personal mortgage consultant will coach your progress, often with the help of your financial advisor, so you are never alone in reaching your goal.
Let’s look at a $250,000 mortgage for example. On a traditional six per cent, 30 year amortized mortgage, and monthly payments of $1,498; you are only paying off $248 of your principle each month. The reason is almost $1,300 of each payment is going towards interest costs each month. After 20 years of making these monthly mortgage payments, you would have paid almost $360,000 towards owning your home; but you’d still owe close to $180,000 on the balance on your mortgage. Once you have reached your 30-year-mark of paying off your house, you would have paid almost $540,000 on your $250,000 house.
By using Home n Work Mortgages, you can reduce the time spent making monthly payments. The mortgage broker will conduct a ‘Mortgage Tune-Up™’ to see how your current mortgage can be adjusted to perform better. This may include changing to a product that has better contract provisions for early repayment, lower rates, and flexibility. The Smart Equity software can demonstrate interest cost savings each year. In the above example, where the $250,000 mortgage took 30 years to pay off, the Mortgage Tune-Up™ and Smart Equity program combined will have that same house paid off in 9.1 years, saving the homeowner more than $200,000 in interest.
The idea of the software is to keep borrowing money from the line of credit to pay your monthly mortgage, while keeping interest payments as low as possible. The mortgage broker will set you up with a line of credit and provide web based customized software that adjusts to your own unique spending habits. The Smart Equity software navigates your way to financial freedom. Success will occur with the combination of professional mortgage advice, the right mortgage product, and customized mortgage software.
Home n Work Mortgages believes that their key to success is to use the services of one of their mortgage consultants to “tweak” your current mortgage to perform better. A mortgage consultant with this national firm will monitor your success, and along with your own personal financial advisor, make suggestions when needed. Success is achieved by receiving focused coaching by the mortgage consultant assigned to you.
Mr. Stanley added “Even if there was another product ‘out there’ that works in a similar manner with both ‘mortgage reduction’ and ‘wealth accumulation’ components like ours you will always need proper mortgage advice. This is because sometimes your current mortgage will be the wrong one that has too many limitations for effective use. Or the rate may be too high for your needs.”
A mortgage consultant with Home n Work Mortgages has expert knowledge of other lender products in the marketplace and can guide you into either improving what you have now or make a necessary change to the right product - at the very lowest rates - so you can pay down all debts (mortgage, credit cards and loans) faster than ever before. Mr. Stanley says, “Our Company truly believes that Advice Matters! ™”
To help everyone succeed, Home n Work Mortgages provides the software for a price that everyone can afford - so they can be known as the mortgage broker that saved thousands of Canadian households BILLIONS of dollars in interest costs. A good suggestion is to have your advisor analyze the information to see if the program is suitable for your situation. Customers should contact their personal financial advisor, or insurance broker and ask them to contact Home n Work Mortgages for more information on services and the Smart Equity product.
Also, be aware your current mortgage broker won’t be able to place a Smart Equity software package. Only a mortgage broker with, or co-brokering with Home n Work Mortgages is allowed to do so in Canada. Home n Work is happy to work with other mortgage brokers across Canada; so have your current mortgage broker call them for more information.
For the best results, you should have stable employment and average to good credit. You can request a free Mortgage Tune-Up™ from a Home n Work mortgage consultant.
With Home n Work Mortgages and Smart Equity software, you can save thousands of dollars in interest. It doesn’t cost anything to check it out; and you’ll be happy that you did.
Under our ‘shared knowledge’ concept intellectual property is shared within our organization for all and recognition is given for the one making the contribution.’
Rebecca joins the team with over 20 years of business, investment and real estate experience. A true advocate for the consumer, Rebecca brings you unparalleled integrity with unbiased advice. Phone anytime and discover for yourself just how easy and enjoyable the mortgage process can be.
Serving Metro Vancouver Area
& Tri-Cities BC
Direct 604.614.2382
Fax 604.463.7886
rebeccaawram@homenwork.com
www.communitylendingcentre.com
Head Office:
#200 - 5050 Kingsway
Burnaby, B.C.
V5H 4C2
