The simple answer is "you probably can".  But will you?  Have you?

Have you noticed how many diet programs there are advertised?  People CAN diet on their own, but most find that without a systematic, structured program they go off their diet before attaining their goals.

Without the systematic concept of our plan, people RARELY pay off their loans ahead of schedule.  There's always something more important....but it's usually something that is going to depreciate rather than appreciate....cost you more money rather than save you money and build your nest egg.  Unfortunately, most of us lack the discipline needed to take control of our financial futures.  That's exactly what we help you do. 

But there's more. Do you have the sophisticated computer software that will do the calculations to make sure you're getting the proper credit?  Recent government and private studies show that up to 75% of all mortgage pre-payments are believed to contain errors.  Those studies show that up to 28 million Americans are victims of mortgage errors and overcharges.  In testimony on Capital Hill, it was estimated that lenders have overcharged their customers a whopping $65 BILLION. The attorney generals of 14 states felt that the abuse was so widespread that they united and sued GMAC Mortgage Corporation.  GMAC is the fourth largest mortgage servicing company in the US.  The attorneys general's complaint was that a systematic process of overcharging consumers was taking place....not just with GMAC, but with virtually every mortgage servicing company in the US.  The attorneys general won a settlement from GMAC estimated at $100 BILLION in refunds due to borowers.

Here's a scary thought: the financial institution that handles your mortgage may find the payments on your mortgage more confusing than you do!  As a result of the recent Savings & Loan scandal, miscalculations were discovered in routine audits of mortgages issued by failed S&L associations.  John Geddes, former mortgage banking auditor who was the chief whistle-blower on the error, estimates that a large percentage of the country's mortgages, where prepayment have occurred, are calculated incorrectly. 

When asked if prepayments are generally handled correctly, Jane Bryant Quinn said, "Hardly anyone knows.  When your bank's computer spits out a statement you probably assume it's right.  Yet the odds are high that, somewhere along the line, an error was made..." 

The Wall Street Journal has said, "Homeowners should never trust their bank's calculation."  Most people are unable to check their own mortgages because their documents are so confusing that they don't know where to begin.  Spotting errors or overcharges can be exceedingly time consuming and difficult without a thorough understanding of your mortgage.  That's where we come in.  We make sure that your extra payments are credited properly....so that your bank doesn't benefit from your extra payments.

Average errors range between $500 and $1,500 for individual homeowners....often times more than the fee to enroll in the Preferred Biweekly Payment Program.

What are you waiting for?  Calculate your savings and contact us today to start!         or     hit the "back" button on your browser to return to the original page