Title:
How To Pay Your
Home Mortgage Off And Be Debt Free In 6-10 Years Or Less With Little Change To
Income Or Expenses The New Zealand Way
Word Count:
633
Summary:
Ariel Metekingi
knew there was a way to pay off debts and a home mortgage quicker than what was
being offered on the US market. Living in New Zealand where homeowners pay off
their homes and are debt free on an average of 6-10 years, he experienced how
it worked there and in Australia.
"I was surprised to find that Americans, generally considered worldwide
leaders and innovators, are laboring with archaic mortgage programs where the
major face-lift has been bi-monthly mor...
Keywords:
mortgage,
refinance mortgage, pay off mortgage, debt free, mortgage elimination,
Article Body:
Ariel Metekingi
knew there was a way to pay off debts and a home mortgage quicker than what was
being offered on the US market. Living in New Zealand where homeowners pay off
their homes and are debt free on an average of 6-10 years, he experienced how
it worked there and in Australia.
"I was surprised to find that Americans, generally considered worldwide
leaders and innovators, are laboring with archaic mortgage programs where the
major face-lift has been bi-monthly mortgage payments and the second
mortgage," says Metekingi. "I found that the American Mortgage
industry was seriously lacking in some of the wealth building mortgage and
financial principles that have become so prevalent in New Zealand and
Australia."
Enter Money Principal Group, a company located in Utah, founded by Metekingi.
Their premier innovative mortgage product, The Mortgage Eliminator, is based on
a 30 year+ proven Australian industry standard and model in use by over a third
of homeowners in that country. It was later introduced to the New Zealand
market, where homeowners achieve similar results; paying off their debts and
mortgage on average of 6-10 years.
This powerful new tool to combat the current financial plague of debt in
America combines a mortgage and a full-service bank account. The new
"all-inclusive" type loan creates huge savings in interest payments
and loan payoffs in one-half to one-third the time requiring little to no
change to current spending habits or income.
How does it work? Homeowners deposit income and other assets into the new
mortgage account and since it allows access like a checking account, expenses
are paid out from it by check or ATM card. The fundamental part is, when the
homeowners' money isn't being used it sits in the mortgage account reducing the
daily loan balance on which interest is computed. This saves on average
hundreds of thousands in interest over the life a typical loan. Less interest
paid means more money for principal, so the homeowner builds equity faster and
owns their home sooner.
"What this does for homeowners, is it empowers them to take control of
their financial health," says Metekingi. "With our program, a
homeowner can combat the financial cancer known as consumer debt plus current
mortgage options and it allows the homeowner to reach their goals sooner in
life, rather than later. This isn't a mystical trick of numbers; it is simply
taking away the interest spread banks earn and gives it back to the
homeowner."
Is this new loan product and system for everyone?
Yes, if you can achieve the simple disciplines of budgeting and currently have
positive cash flow or are willing to review your budget to recover funds to
create significant positive cash flow. You must be coachable and allow your
goals to dictate your plan of action. If you're willing to do that, the payoff
is unlimited and getting rid of debt and your home mortgage in 6-10 years is no
longer a dream, it's a reality.
"The ability to be mortgage free within 6-10 years, quickly eliminate
consumer debt, and free up existing income to start a significant investment
program for the future is a now a reality. This can all be possible without
requiring any additional income or reducing standard of living. The Mortgage
Eliminator has empowered the individual in New Zealand and Australia to
positively impact their own financial destiny in ways, which traditionally,
many could not otherwise achieve," says Metekengki. "It is now
available for the US, to achieve the same level of financial success and
freedom, already experienced and proven in these international markets."
For more information on how you can be debt-free and pay off your home mortgage
in as little as 7 years, and experience the savings with the Money Principal
Program using their proprietary calculator, visit http://www.PDXLoan.com or
call 1-800-862-0784 ext 21.