Without The Expense Of Refinancing!

Here's how it works!
The Equity Savings Program simply restructures the payment schedule on your existing loan... so that your lender isn't the only one to benefit from your hard earned money.

The Equity Savings Program simply restructures the payment schedule on your existing loan... so that your lender isn't the only one to benefit from your hard earned money.

Example:	Conventional	Equity Savings Program
If you had a mortgage of:	$100,000	$100,000
With a payment* of:	$940.86 Monthly	$470.43 Biweekly
At an interest rate of:	9.5%	6.5% Effective Rate
And a term of:	30 Years	20 Years, 7 Months
You would repay a total of:	$302,697.82	$227,496.57
For a term reduction of:	- 0 -	9 Years, 5 Months
And an interest savings of:	- $0.00 -	$75,201.25

* Payment includes $100.00 monthly for tax and insurance escrow

The Smartest Mortgage of The Century!

The Equity Savings Program assures your financial future today! You have the opportunity to take part in an extraordinary program that has been the focus of articles in The New York Times, The Wall Street Journal, USA Today and The Los Angeles Times. With no extra effort you can save thousands of dollars in mortgage interest that you would normally pay to your lender. The determination of where and how you spend your money can now be back in your hands.

With the Equity Savings Program:

	You keep your current mortgage
	You take full advantage of the biweekly mortgage without refinancing, which means:
	No points to pay
	No loan origination fees
	No closing costs
	No appraisal fees
	No credit check
	No requalifying whatsoever

Making half your monthly payment every two weeks will generate on additional payment over the course of a year. This money is applied directly against the principal portion of your loan, creating significant reductions in both the term and the interest paid. When you are enrolled in the Equity Savings Program, your payments are electronically debited from your bank account on a biweekly basis.

See below for a list of Frequently Asked Questions.

Interested?

Submit the form below and we will contact you with more information right away! The process is so easy, you will only be one step away from enrolling if you supply all of the information below. We will tell you how much you will save and when your loan will be satisfied!

The application fee is $275 and provides you lifetime membership in the Equity Savings Program.
Please note: Submitting this form does not obligate you to enroll. An enrollment and authorization form will be sent to you to be completed and signed.

Equity Savings Program Information Request Form
Name:
Contact me via:	Email Telephone Mail
Email:
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Loan Type	Fixed Variable
Original Amount of Loan
Loan's Current Interest Rate
Original Loan Term (Years)
Monthly Payment (Total)
Monthly Payment (Principal & Interest)
Month and Year of First Payment (MM/YYYY)
If you have a variable loan:	Current Balance Date of Balance
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Q. Should I make extra payments against my mortgage or invest the money instead?

Homeowners in the U.S. have been "programmed" by mortgage companies to accept the tradition of paying their mortgage over 30 years, and in the process, repaying the mortgage company as much as 3 to 4 times the amount borrowed! The effect of one extra payment a year can reduce your term by as much as ten years. Then you can invest that payment each month for the remaining ten years, have a very significant savings program and be debt-free at the same time!!

The key here is changing from your old habit of paying monthly to making half a payment every two weeks. By doing this, you are making 26 half-payments each year which means there are two extra half-payments which occur semi-annually. Our computers track these "extra" payments and forward them to your mortgage company as "principal only" payments. As the interest paid is based on your current principal balance, reducing that balance consistently reduces the interest paid and the term of your loan. You are no longer allowing your lender to collect mostly interest over the first 23 years of your 30-year mortgage.

By consistently making principal payments on your behalf, the monthly interest payments charged by your lender are reduced at an ever increasing rate, until finally, your mortgage is paid off earlier, saving you thousands of dollars in interest.

Sure you can. When was the last time you made a principal-only payment on your loan? Statistics tell us that 97% of American homeowners do not prepay their mortgages. Of the 3% that do, only 1% do so consistently. The Equity Savings Program provides consistency with ease. When you make half a payment every two weeks, you don't feel the extra money that's being set aside with the program...but you certainly feel the benefits!

Yes! It's as simple as increasing the amount of your biweekly debit under the Equity Savings Program. Any additional funds you want earmarked to pay off your principal are then added to your regular semi-annual principal payments, reducing your balance and accelerating the payoff of your mortgage even further.

You can put any long term loan on ESP, including boats and even automobiles. Balloon payments due on commercial mortgages can be significantly reduced or even eliminated through the Equity Savings Program!

The transfer of funds is done through the Automated Clearing House (ACH) under the strict regulations of the Federal Reserve. Unlike other mortgage reduction services, Equity Savings Program funds are deposited into a non-discretionary escrow account at a federally insured bank. This account is maintained solely for the purpose of making client mortgage and principal payments.

There are several reasons: 1. They lose money on a biweekly plan. Lots of it! 2. They are not set-up to handle biweekly payments. 3. Even if you're lucky enough to be with a lender that does offer a biweekly mortgage, it usually means you have to refinance your existing loan and pay all the related costs involved! The Equity Savings Program provides a service that most mortgage lenders don't really want to deal with.

Yes! Just provide us with the current interest rate you are paying and the current balance of your loan for your ESP analysis.

Yes. Should you sell your home, refinance or pay off your current loan, your membership can be transferred to the new mortgage. There is no roll-over fee as you are a lifetime member.

No catch. Just simple arithmetic based on consistency. Although many consumers are aware they can pay down their mortgage, they either don't pay extra at all or they pay sporadically. The Equity Savings Program is a service that provides a consistent method to minimize the amount of interest you pay your lender. It's a forced savings plan which provides the discipline most Americans seem to lack.