Right for Me - PaidOff

In other words, you should be good at managing your financial resources by making informed decisions about spending, saving, and investing.

Is Paidoff™ Right For Me?

With Paidoff™ , you don’t have to change your lifestyle or spending habits, but you do need to have some ducks in order. Don’t worry about all the mumbo jumbo because we will help you understand it.

If for some reason you don’t meet one or more requirements, that’s fine. We will create a customized plan for you to show how you can get there.

Financially Disciplined

In other words, you should be good at managing your financial resources by making informed decisions about spending, saving, and investing.

Employment

History of employment in the same industry for at least 2 years is preferred but there may be exceptions.

Credit score of at least 700.

Not sure what your credit score is? Credit Karma a great resource. We will also help you find out and even advise you how you can raise it if necessary.

20% Equity or More.

For Purchases: a minimum of 20% down payment is required.

For Refinancing: 20% equity or more is required.

Unsure what your property is worth, we will provide you with a very reliable, accurate estimate.

Your Debt to Income (DTI) ratio must not exceed 40%.

This is your gross monthly income divided by the liabilities such as your mortgage, car payment, minimum pays for credit cards, etc. as reported on your credit report. We will help you calculate this too –it’s easy.

10% Assets Reserves of Your Maximum Line of Credit Amount.

For example: If your Maximum Line of Credit of $600,000, you will need at least $60,0000 in assets/reserves. This includes your checking, savings, stocks, bonds, retirement funds like 401K, IRA, etc. Your Maximum Line of Credit may go up to 80% of your home’s appraised value. Your spouse’s classic car doesn’t count. We will help you determine how much you have so you don’t have to fret about that.

A Client's View on Qualifying for Paidoff™

I Don’t Know If I Meet All The Requirements. What Do I Do?

Contact us because everyone’s situation is different. We will take a look at your scenario to advise and assist you on how to meet the requirements for Paidoff™. We will create a customized plan for you to show how you can get there. No matter what the time limit, we will help you every step of the way. Let’s start on your plan TODAY so you can pay off your home MUCH FASTER with Paidoff™.

Success Stories

Sharing success stories is a way to encourage you to keep striving towards your dreams, and to help you continue believing that achieving the “impossible” is actually possible. Contact the Paidoff™ team today to pay off your home MUCH FASTER.

Vladimir S.

Vladimir S.

“I met Randy in 2021 who showed me that people could pay off their homes in 7 years or less. We wanted to pay off our home and had been making additional payments to do so. In 8 months, we have paid our home down by $160,000 without changing our lifestyle. We are hooked on ensuring that every dollar we have is going into our account so we can pay if off much faster!” Paidoff™ makes it addictive because once you realize all the benefits that it offers, you will want to put more money into your account to pay off your home so much faster!!!”

Chris and Catherine D. Paidoff™ Clients

“We had refinanced during the pandemic since the rates were at their historic lows. We were very skeptical that we could get a better loan since we already had a super low rate. When Randy shared with us how we could pay our home off much faster we were very interested because we were doing bi-weekly mortgage payments to try to pay it off fast. We have already paid our home down by $80,000 in a year. Additionally, with this new loan we have become private money lenders loaning out up to $250,000 at a time so we are earning a higher interest rate plus investing it elsewhere so we can retire early”

David and Cindy P. Paidoff™ Clients

“I have worked in the financial industry for over 20 years. Even after crunching the numbers over and over, the numbers validated that Paidoff™ made total financial sense for accelerating debt reduction and laying a solid foundation for retirement planning. Though I really struggled emotionally transitioning from a low interest rate, the total interest savings we are experiencing and long-term financial accessibility to our equity is just what we were looking for. Irina and Randy were excellent to work with and answered all our questions. We are extremely happy that we made the switch.”

Vladimir S.

Chris and Catherine D. Paidoff™ Clients

David and Cindy P. Paidoff™ Clients