One of the largest untapped industries in the small business sector is the Biweekly Mortgage Accelerations market. With, over 52 million mortgages active today in the United States, and only about 2% of these mortgage holders aware that they can prepay their mortgage for a substantial savings, the market is poised for growth Mortgage renewal London Ontario.
Biweekly Mortgage Acceleration is a form of prepaying a home mortgage, without changing the terms or conditions of the mortgage. It simply changes the way the mortgage owner pays it, and the way in which payments are applied to the lender. Instead of sending monthly checks for the full amount, half of the regular monthly payment is debited from the clients checking or savings account every other week.
By paying this way, an extra one half payment is applied to the mortgage every six months. This allows equity to be created almost 300% faster than conventional payment methods, and reduces the length of the mortgage 7 to 10 years. And, finally it saves the mortgage holder up to $70,000 on the interest paid to the lender, although this program is endorsed by newspapers, magazines, and the U.S. Government, few homeowners are aware these types of programs exist.
The most common obstacle facing entrepreneurs thinking about getting into the mortgage acceleration industry is the cost of these programs, which can range from a few hundred to a thousand dollars. But, a company called Consumer Mortgage Reduction Service is offering entrepreneurs a chance to get involved in this industry for free. As a Mortgage Accelerations Representative, the income potential is phenomenal, more than other types of ventures and it can be started from home on a shoestring budget.
Why is Consumer Mortgage Reduction Service giving away this free business program to entrepreneurs? The answer is this, said company president Thaddeus Collins, “When I was looking for a business to start, with a shoestring budget, I could not afford to invest in business programs I did not know would show a financial return.” He continues, “So I developed this program, after many years in the business, so that entrepreneurs can start earning income, without having to invest in the business program first.”
Consumer Mortgage Reduction Service is quickly growing as a leader in the mortgage acceleration’s industry. The company offers two ways for its representatives to make an income in the mortgage industry. The first is by promoting the Biweekly Mortgage Acceleration Program, and, the second is providing Adjustable Rate Mortgage audits.
In a recent survey conducted by U.S. Government auditors, it was found that almost 50% of all Adjustable Rate Mortgages contained some type of miscalculations or errors in the lenders favor, causing mortgage holders to be overcharged billions of dollars per year. The Mortgage Auditor assist homeowners recover these overcharges if applicable, and assure them that their payments are being applied correctly to their mortgage.