- Home Free Details
- Home Free Basics
- Home Free Loan Comparisons
- Let Yourself GROW
Home Free Details - Simply Revolutionary
Home Free allows your money to work for you. Any funds in your checking account will now work for you, not just the bank. While the homeowner's funds are not being used, an "average daily balance" is created in the account. The average daily balance is applied (subtracted) to lower the principal balance before the interest is calculated each month. Each month you pay less in interest and your principal balance payoff accelerates. Your net effective interest rate can be 50% to 60% lower than traditional mortgages.
Homeowners can access their checking funds to pay for expenses just like they would with their current checking account. The average daily balance works for you even if you've used all of your direct deposit funds to pay for expenses by the end of the month.
The Home Free Details
- First Lien HELOC used to Finance up to 75%.
- The Home Free Balance is recalculated each month!
- Interest Only Payment for the first 10 years of the 30 year term.
- Interest Calculated on Averaged Daily Principle Balance.
- Homeowners Pay Less Interest due to cash sweep feature.
- Mortgage paid off Quickly- in 8 to 10 years average.
- Fully Liquid- access to your Home's Equity by writing a check.
- Full checking account features including Debit Card, Checks, On-Line Statements.
- 700 FICO minimum, 75% Loan-to-Value maximum.
The Home Free Basics – Simply Revolutionary
Home Free is a revolutionary new loan freeing consumers and unlocking their ultimate financial power. Did you know that the average American spends over 50% on taxes and interest over their lifetime? Read on for a simple, new way to free you from that burden.
Imagine how much you’d save if you were your own bank. You’d have flexibility, control, security and leverage. Home Free gives you the keys. It’s a simple concept, which benefits you, not just the bank.
American's have become the victim. They've been lured into refinancing, again and again, into a lower rate. It lowers a monthly payment, so why not? The punch line: every refinance also restarts the 30 year payment clock, all with front-loaded interest and adding more fees. The result: a perpetual debt treadmill for 30 years into the future.
My Bank, My Loan, My Way
Is the powerful engine of the Home Free Loan. It can quickly and simply eliminate debt, increase cash flow and build a secure, future nest egg for retirement.
It's different because you pay off your principal every month, not just your interest. ARM's, 15 year and 30 year loans are interest front-loaded, reducing principal in the later years. The My Bank engine resets the principal balance EVERY MONTH. This increases principal payoff up to 4x faster!
Home Free ingeniously combines a full-service checking account with your mortgage. The funds in the checking account work for you when they are not being used to apply your average daily cash flow against your loan's principal balance. The net effect: you pay on a lower principal balance every month, you pay less interest monthly and payoff more of the principal each month. Since the principal balance is recalculated on a monthly basis, your interest payment is continually reduced while more of your payment is applied towards your principal.
The savings are massive: On a $200,000 loan, there's an average savings of $115,000 in interest!
Home Free Loan Comparisons
(Why Interest Rate is Irrelevant)
Home Free has no competition when compared to how traditional mortgages work. Home Free is the only choice for savvy consumers looking to build their future. Since an individual does not have to change their current spending habits, Home Free has no equal.
How Banks "Hook" Consumers on Rate
Remember, banks want their clients to be rate focused. Every time you refinance, that is another 30 years of guaranteed earnings to the bank. Consumers are lured into an introductory "low" rate or "low" monthly payment. Even the allure of a "low" 30 year fixed sounds great on the surface. But who wants to pay for a mortgage for 30 years when you don't have to? And who wants to pay more closing costs or the so-called "no-cost loan" where the costs are baked into your loan?
Which is the better choice: 6.25% on $160,000 for 30 years or 6.6% on $160,000 for 12 years? There is over $119,000 in added interest on the lower rate, so-called, safe 30 year fixed loan. With Home Free you have completely paid off your mortgage freeing-up critical cash flow for 18 years to use for living, investing and retiring!
Let Yourself GROW! – Simply Revolutionary
Home Free is a valuable Investment tool that has just been introduced into the U.S. In Australia, where the concept was born years ago, 60% of homeowners now own there homes, thanks to this product.
Look at your situation 5 years ago versus today. Has it changed? Have you paid down your mortgage? Or did you reset the mortgage clock through a refinance. Do you have more discretionary income than you had 5 years ago? Has your investment portfolio swelled? Are you set for retirement? Now run our mortgage calculator and fast forward to 5 or 10 years into the future. Where will you be with Home Free?
Home Free Investment Strategies
Let an American Guaranty Financial Advisor review the investment calculator with you. You can leverage your equity safely, securely and with a guaranteed rate of return and still pay off your home in record time!
Decrease your interest expenses, your tax liability while increasing your net worth through diversification. There's no better tool available to meet your financial goals and your financial independence.