Great new Mortgage called The Home Ownership Accelerator

Even if you think you have the best mortgage, it's now obsolete.

This innovative and powerful loan uses the power of your income to slash thousands off the
total interest you pay and chop years off the time it takes to pay off. All without changing
your spending habits, or your access to the cash you earn. Here is what others are saying....

"....harnesses the money sitting in a checking account for the borrower's benefit instead of the banks."
-- San Francisco Business Times, 6/10/05

"....could revolutionize the way Americans pay for their homes...."
-- East Bay Business Times, 6/10/05

"....designed to help borrowers accelerate their principal payments as painlessly as possible."
-- San Francisco Chronicle, 5/26/05

Bank your money in your mortgage. With the CMG Home Ownership Accelerator, you
direct-deposit your entire paycheck into your mortgage, instead of your checking account.
This immediately reduces your principal balance. Since interest is based on your daily
balance, you start saving interest immediately compared to traditional loans! Access your funds just like you used to. You pay all of your expenses out of your mortgage,
just like you would with a traditional bank account -- using the unlimited checks,
free ATM/Debit card, and free online bill-pay that comes with the account. Until you need
the money, though, it's in your mortgage in the form of a lower principal balance, saving
you 5-6% in mortgage interest, instead of earning 1% in a bank account. Less interest means
that more of your take-home pay goes towards principal, and you pay off sooner. With no change
to spending habits!
If you're an average borrower with good cash flow, you could pay off an average sized loan in as
little as half the time – with no changes to spending habits.
Let's look at an example: you have a $400,000 30-year fixed-rate mortgage at 5.5%. And, let's even assume that mortgage interest rates
are climbing on a "reverse course" that mirrors their recent decline (APR 8.19%)! A 'worst case' rate scenario!" Saves interest, pays off sooner. In this example, refinancing to the CMG Home Ownership Accelerator roughly doubles your mortgage efficiency.
You could pay off in as little as 17.3 years and save nearly $89,000 (21%) in interest, compared to the 30-year fixed
rate loan at 5.5%. In fact, to save that much interest, you'd have to find a 30-year mortgage at 4.4%, which is very unlikely. But what if rates go up even more? In this example, the adjustable rate on the CMG Home Ownership Accelerator would have to average 9.6% over the entire
17.3 years for the interest payments to equal that of the 30-year fixed rate mortgage at 5.5%. That's not likely to happen either. I’m looking forward to discussing this loan with you in more detail. We have a 5-minute movie that explains the product in more detail, and we can also run a simulation on your specific financial situation to determine how the product will work for you. Give me a call! A twenty minute conversation could save you thousands in interest and get you free of mortgage debt twice as fast as you thought possible.
http://www.cmgfs.com/home_loans/cmghome/movie/player.html

Equipoint Financial
Mortgage Solutions
Brad Simpson
Office: 623.932.3554
BradSimpsonLoans@yahoo.com