First Lien HELOC for High Income Earners to Maximize Wealth

Paidoff™ (303-870-8337) offers a first-lien HELOC to help high-income earners maximize their wealth.

TPaidoff™ 30-year first-position HELOC program allows high-income homeowners to invest in a business venture, stocks, bonds,  or other high-yield instruments. Paidoff™ is better suited to help high-income earners because they have unlimited access to their line of credit funds for 30 years.  Whereas a traditional HELOC can only be accessed for up to ten years.  Additionally, with Paidoff™, a monthly payment is not required if funds are available in the line of credit. A traditional HELOC requires at least a monthly interest-only payment, and these high-income borrowers still have to pay on their first mortgage.

Further details are available at Paidoff vs Traditional HELOC – PaidOff (thepaidoff.com)

Paidoff™ founder Irina Saveliev, aka Irina – The Mortgage Breaker™ offers a first-lien HELOC to help high-income earner homeowners maximize their wealth.  She gives sound financial advice on how first-lien HELOCs operate.

With a traditional HELOC, property investment payoffs can be slow. Compound interest payments, traditional amortization, and restrictions on the number of payments per year create a situation where home equity is ‘locked’ for the duration of the mortgage unless the homeowner refinances.

Irina advises high-income earners to consider switching to the new Much Faster™ HELOC offered by Paidoff™. Using this model, homeowners will pay down their mortgage principal, dollar for dollar, instead of most of it going to interest. Paidoff™ HELOC uses simple interest, which keeps the loan balance lower.  Plus, there are no limits to the number of payments that can be made. Homeowners will pay off their mortgage Much Faster™ while having access to a revolving line of credit to fund investments.

Furthermore, the Paidoff™ HELOC is perfect for high-income earners.  To qualify, applicants must have a credit score of  700 or higher. The Paidoff™ HELOC comes with a maximum line of credit of $2 million. Again, this mainly benefits high-earners as a 10% assets reserve is required to access the funds, favoring those financially disciplined savers.

“My husband and I both have high-paying city jobs. So I couldn’t understand how we were still struggling to clear our mortgage debt and start seeing a return on our investment when some of our friends and family, who don’t make as much as us, were already mortgage-free,” said one satisfied Paidoff™ customer.

“Then we met Irina. Her advice led us to refinance to the Paidoff™ HELOC. Now, not only are we on track to pay off our mortgage early, but we’ve also freed up some funds to help broaden our portfolio and seen some significant returns.”

High-income earners who are interested in maximizing their wealth with a HELOC are encouraged to contact Paidoff™’s Irina – The Mortgage Breaker™ by calling 303-870-8337 or visiting http://thepaidoff.com