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A New Way to Think About Your Mortgage

About five years ago, Rivercrest Mortgage Services began test-flying a new kind of mortgage loan product. This loan, initially created in Australia in the late 80’s, combines the flexibility of a credit line with an easy, effective means of reducing your principal balance each month, resulting in a significant savings in the interest you pay on your mortgage and the ability to pay off your mortgage years faster than with a conventional fixed rate mortgage. The loan has two names for the two companies that offer it: The Asset Manager and The Homeownership Accelerator (HOA).

Nine clients in Oregon and Washington accepted the challenge. Two of these clients sold their homes within a couple years. Two others refinanced. The remaining five held onto their HOAs and every one of them is now reporting amazing results.

If you have a fixed rate mortgage right now, you owe it to yourself to check out the HOA. This isn’t a “gimmick” loan. It’s not a negative amortization loan, nor is it some newfangled product with a reduced start rate. It’s a very simple, tried and true product that asks you to do two things:

1. Change your checking account

2. Consider what is more important to you: Interest Rate or Interest Saved?

If you can do those two things, I promise you I can show you something that’s going to knock your socks off! Not only that, but you’ll be getting that credit line I told you to get months ago, providing you and your family with a measure of financial protection in the event of job loss or disaster that no other product in your portfolio can match.

Best of all, you do all of this with absolutely no change to your current spending habits. You pay your bills with checks, your ATM/credit card or free online bill pay and save thousands in mortgage interest while you do it.

Interested? I think you should be. Call today and I promise you I won’t waste your time!

Rivercrest Mortgage Services (503) 557-9145