For Colorado homeowners, Paidoff™ (303-870-8337) has announced its Much Faster Formula© designed to help clients use a 30-year first-position home equity line of credit (HELOC) to pay off their mortgages much faster than with a traditional fixed mortgage.
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With this announcement, Paidoff™ aims to help Colorado residents achieve outright ownership of their homes as quickly as possible. The Much Faster Formula© has three pillars: principal first, simple interest, and unlimited payments. While a traditional mortgage limits homeowners to making monthly or, at most, bi-monthly payments, the unlimited payments allowed by the Paidoff™ first-position HELOC means clients can pay off their homes at a much-accelerated pace and significantly reduced interest costs.
Interested parties can learn more by visiting https://www.thepaidoff.com/
The first pillar of the Much Faster Formula© is that clients' payments go toward paying down their loan's principal first, rather than their interest as with a traditional mortgage. In its second pillar, Paidoff™ outlines how clients only pay simple interest, not compound interest, when using this method that keeps their loan balance low. On the website, Paidoff's™ founder Irina the Mortgage Breaker™ explains that her family used the Much Faster Formula© to pay off their mortgage in 1.5 years.
With Paidoff™, clients receive a 30-year first-position HELOC that combines their checking, mortgage, and line of credit into one account. Clients have immediate, unlimited, 24/7 access to this account for any reason.
Homeowners can use their first-position HELOC to invest in potential wealth-building opportunities while paying down their home loans.
Irina the Mortgage Breaker™ encourages Colorado homeowners to schedule a consultation with her team to discuss switching to a 30-year first-position HELOC. In this meeting, Paidoff™ will assess a client's finances, including their current mortgage, to determine how best to use the Much Faster Formula© to meet their specific goals.
One satisfied Paidoff™ client said, "We wanted to pay off our home and had been making additional payments. In 8 months, we have paid our home down by $160,000 without changing our lifestyle. We are hooked on ensuring that every dollar we have goes into our account so we can pay it off much faster. Paidoff™ makes it addictive because once you realize all the benefits that it offers, you will want to put more money into your account to pay off your home."
Interested parties can learn more about Paidoff™ and its Much Faster Formula©, and contact the company by visiting https://www.thepaidoff.com/
Contact Info:
Name: Irina Saveliev
Email: Send Email
Organization: Paidoff
Address: 600 South Cherry Street Suite 143, Denver, COLORADO 80246, United States
Phone: +1-303-870-8337
Website: https://www.thepaidoff.com/
Source: PressCable
Release ID: 89138700
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