I joined Active Rain last week and posted my first blog regarding The Home Ownership Acclelerator. I am overwhelmed by the power of this mortgage product.
I have been working with this product for about a year and have made many mistakes when talking to potential clients about it. The biggest mistake has been that I email the potential client the 5 minute video that describes the product and what it can do and think that they will see this product in the same positive light that I do. THEY DON'T! As I think about I, why should they. I have 35 years experience in the business and the ordinary client just doesn't have the same experience level that I do therefore the power of this product just doesn't knock them over as it did for me.
I closed my 1st loan using this product in February and will close my 2nd loan next week. I stay in touch with my client that closed in February and in 4 short months she and her husband have reduced their principle balance on a $227,000 loan by $13,000. That puts them on track to pay off approximately $39,000 in principal balance this year and if those projections continue they will pay off their current mortgage in 2013.
My sceond client has projected that he will pay off his mortgage of $221,000 in about the same amount of time.
Think about client number one. They will be in their mid thirties and have their home loan paid. Now they have an ability to create an additional retirement account or invest their additional disposable income in purchasing real estate for investment or any other number of choices to create addtional wealth for themselves and their family.
Wouldn't we all love to have our mortage paid while we are in our thirties and be able to concentrate creating additional wealth for ourselves. If you are an individual who is considering purchasing real estate or considering refinancing your current residence or 2nd home you owe it to yourself to find out about this mortgage product and how it can change your financial life. It is truly extraordinary!!