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Average Homeowner overpays $60,000
In fact, average homeowner in America is overpaying $2000 in mortgage interest every year, or $60,000 over life of mortgage.
“That’s an enormous amount of money”. Says top mortgage analyst, Craig Romero. “This is money that homeowners are needlessly giving away each year. Imagine what a person could do with an extra $60,000.
While gaining back thousands of dollars from these overpayments is a huge benefit, it’s not only one. Cutting up to 10 years from term of a traditional mortgage is also another major advantage.
“I’ve been using prepayment loophole for years”. Says Denver homeowner, Curtis Landau. “I’ve actually been able to remodel my home and pocket about $25,000…all from equity that was built so quickly.”
Americans must understand this prepayment loophole isn’t something lenders are eager to share with their customers. If they did, they would risk taking a huge cut in profits.
With over 50 million mortgages in force, it’s estimated Americans overpay their lenders in excess of $12 billion every year. It’s no wonder this loophole is kept secret…lenders are undoubtedly getting rich off these interest overpayments.
Written by Craig Romero To see how well prepayment loophole will work for you please enter his site at: http://www.wisemortgageinfo.com Craig Romero is an author and mortgage analyst dedicated to helping homeowners maximize investment in their homes. ______________________________________________________
About Craig Romero:
To see how the well the prepayment loophole will work for you, please enter Craig's site at: www.wisemortgageinfo.com Craig Romero is an author and mortgage analyst dedicated to helping homeowners maximize the investment in their homes.