Colorado 1st Position HELOC: Early Mortgage Payoff, Unlimited Payments Launched

Trusted mortgage company, Paidoff™ (303-870-8337) has announced their Much Faster© HELOC method to help Colorado homeowners pay off their mortgages early through an unlimited payment program.

It takes the average American homeowner 25 to 30 years to pay off their mortgage, meaning that most are saddled with the debt until or even during their retirement. However, Denver-based mortgage brokers, Paidoff™, are now offering homeowners the opportunity to cut years off of their mortgage through the Much Faster© repayment method.

Further details are available at http://thepaidoff.com

The new Much Faster Formula© was announced by company founder Irina Saveliev, or as she is more widely known, Irina The Mortgage Breaker™. As an author and leading voice in the mortgage industry, Irina has personally experienced the benefits of the new approach, having paid off her former 15-year mortgage in a year and a half. She is, therefore, keen to educate others on the possibilities the first position HELOC with unlimited payments can offer homeowners.

Paidoff™ is the only new company authorized to provide the Much Faster Formula© loan in the US. The patented formula is built around ‘three pillars’ which Paidoff™ uses to fast-track mortgage payments for their clients: principal first ensures that each payment pays off the loan directly, not the interest; opting for simple rather than compound interest keeps the loan balance lower; and unlimited payments gives the flexibility to pay extra towards the loan, which substantially reduces the loan amount. Combining these three techniques, Irina The Mortgage Breaker™ says, can help thousands of people take years off of their loan schedule.

Irina explains that many American homeowners are eligible for their Much Faster© mortgage payment method as it uses a HELOC (home equity line of credit) which uses the house as the guarantee for mortgage payments rather than a substantial financial deposit. This type of loan frees up more of the homeowner’s finances to pay the mortgage through the unlimited payments option.

“We wanted to pay off our home quickly and Irina’s Much Faster Formula© showed us the way,” said one satisfied Paidoff™ client. “In eight months, we have paid our home down by $160,000 without changing our lifestyle. We are hooked on ensuring that every spare dollar we have is going towards those extra unlimited payments so that we can pay off our mortgage that much faster!”

Those interested in using unlimited payments to help pay off their mortgage are encouraged to contact Irina The Mortgage Breaker™ at Paidoff™ by calling 303-870-8337 or visiting http://thepaidoff.com

 

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