"Money often costs too much."     ~Ralph Waldo Emerson

Top Ten Benefits of a Mortgage Savings Account

Benefit #1: Leverage

Money deposited into a Mortgage Savings Account effectively pays down the principal of your mortgage.

If you have a $150,000 mortgage, 8% APR for 30 years and you take $100 out of your checking account and use it to pay down the principal on your mortgage. You would only pay your mortgage down $100 and only save $1,000 in interest.

If you paid an extra $50 a month on that same mortgage, you would pay an extra $600 your first year and save around $6,000 in interest. 

If you deposit your entire $5,000 paycheck into a Mortgage Savings Account, you effectively pay that mortgage down by $5,000 saving over $42,000 in interest. Even though you are going to spend most or even all of that $5,000 paycheck, the unique configuration of a Mortgage Savings Account allows it to effectively pay down mortgage principal.

Benefit #2: Liquidity

You have complete access to all money deposited in your Mortgage Savings Account 24/7/365.

If you pay down the principal on your mortgage, you no longer have access to it. Once you have paid it to the mortgage company, the only way that you will be able to gain access to that money is by selling or refinancing your home. Selling can take months and even years, refinancing can take months and cost thousands of dollars in fees.

By depositing your money into a Mortgage Savings Account, you have complete access to all of that money at any time. A Mortgage Savings Account has a checking account and a credit card attached to it, so you can write checks or use your card any time.

Benefit #3: Protection

Money deposited into a Mortgage Savings Account can provide important protections in case of loss of income.

One of my best friends was hit by a train, true story!  It ripped his economy car completely in half and threw him - and the half of the car that he was still in - 150 feet down the tracks.  Miraculously, he not only survived, but his only major injury was a broken leg. 

However, because he was self employed, the broken leg meant that he wouldn't be working for a few months - no income.  Realizing this, he called the mortgage company to see what arrangements he could make with them until he got back on his feet. 

This is the generous offer that they made him.  "Don't pay your payments for 3 months and we will foreclose on your house."  I'm serious!  That was the only offer of help he got!

If you paid extra payments to your mortgage company for several years and suddenly became unemployed or unable to make your mortgage payment, the mortgage company would foreclose on your home in about 3 months. You could literally be homeless and lose all of the equity that you have paid into your home, even though you had paid extra payments.

If you had your money in a Mortgage Savings Account, you could use that money temporarily to pay your mortgage payment and other expenses.

Benefit #4: Return on Investment

By depositing your money into a Mortgage Savings Account you can realize a return of up to 1,000% - guaranteed by your mortgage contract – and still have access to your money.

Instead of letting your money sit in an account making 1% to 3%, or even 5% to 10%, or even 10% to 50%, doesn’t it make sense to get returns of up to 1,000% that is guaranteed by your mortgage contract instead of being subject to market loss.

The mortgage company can only charge you interest on the principal balance of your mortgage. So by using your Mortgage Savings Account to pay down your principal, you can save that interest which can mean a return on investment of up to 1,000%.

Benefit #5: Flexibility

Depositing money in a Mortgage Savings Account gives you the flexibility making major purchases, even investments, from the Mortgage Savings Account and may save you money.

If you find a sound investment, you could use your Mortgage Savings Account to purchase the investment.  We don't recommend this because most investments put your money at market risk - precisely what we are advocating against - but if you find a secure investment that gives you a greater return than your interest savings, it can make sense. 

Benefit #6: Control

You always have complete control over your Mortgage Savings Account.  Your MSA is set up with a bank, often the bank where you have your checking account.  We never have access to your funds.  We don't have your account numbers or other sensitive information. 

Why?  Because we don't need it.  We help you set up your MCA, train you how to use it and to use your personally optimized debt elimination software to maximize your interest savings and leave everything in your control.

Benefit#7:  Lifetime Access

We give you lifetime access to your personally optimized debt elimination software, lifetime access to customer service and lifetime access to a professional financial coach.  You can access your personal account online anytime and if you ever have questions about how to use it, our customer service professionals are just a phone call away. 

Whenever you have financial changes in your life - you receive a tax return, a raise or a bonus or you decide to buy a car, invest or vacation - you can make those changes and the software will immediately provide you with a new revised financial schedule to insure that you are maximizing your interest savings.  You can even use the software to explore financial projections of investments you wish to consider.  The software can determine whether or not the returns of a proposed investment will be greater than the interest savings of an MSA. 

Benefit #8:  Professional Training

When you set up a Mortgage Savings Account with a one time investment, you will receive complete training  on how to maximize the use of your MSA, you will also be taught powerful wealth building concepts that you can utilize for the rest of your life.

You will be trained to use the software for exploring financial projections of investments and whether or not the returns of a proposed investment will be greater than the interest savings of an MSA. 

Benefit #9:  Simplicity

Combining your accounts makes your financial life so much simpler.  All of your financial information is in one place.  You can manage your finances from one account and use the software for budgeting, planning, investing, purchases, etc. knowing that all of the money in your MSA is working to maximize your interest savings and helping to free you of all debt as quickly as possible. 

Benefit #10:  Peace of Mind

Stress is one of the major destroyers in our society.  Stress destroys marriages.  Stress destroys our health.  Stress destroys our happiness.  Stress even kills.  Financial stress is one of the most prevalent forms of stress in our society.  Worrying about finances robs us of enjoying the blessings of life. 

Knowing that you have financial protection today and are on track toward a bright financial future takes the burden of financial stress off your shoulders and replaces it with peace of mind.    The security of knowing that you can survive a financial crisis if it were to occur and that you are utilizing a proven strategy for financial freedom can literally add years to your life and add joy to your relationships. 

A Mortgage Savings Account can give you that peace of mind - and the other benefits listed above.  And the best part – you can receive your initial profile – personalized to your unique financial situation – within 48 hours – absolutely FREE. There is no cost or obligation for this Free Profile.  We want you to see for yourself how much you can save you before you make any decisions.