Reduce What You Owe to Save Money

Are you ready to focus on paying down debt rather than accumulating it?  Most of us would rather retire free of debt than pay for a mortgage until we are over 70, and the time to start working that debt down is now, especially since your home’s value is no longer appreciating.  

The new Home Ownership Accelerator^® loan allows you to accelerate paying off your home loan (building equity) without changing your family budget. By flowing your day-to-day income and expenses through this line-of-credit instead of your checking account, and parking liquid cash accounts such as savings and CDs in the account, you could accelerate your home loan pay-down fast enough to completely pay the loan off in about half the time. Which means, even if you are a baby-boomer, you can actually retire mortgage-free!  While this sounds too good to be true, for the right person it is very much the truth! It’s not magic, it’s just math. Check it out in more detail at www.homeownershipaccelerator.net . We have posted a short film there that explains the product, along with a calculator that will allow you to simulate how the loan will perform using your own financial data. Watch the movie. Then give me a call at (408) 615-8500 to discuss it in greater detail and run a simulator demonstration. 

Elva A. Wormley

Mortgage Consultant

(408) 615-8500 or Toll-free (866) 573-3331

Cobalt Financial Corporation

2845 Moorpark Avenue, Suite 209

San Jose, CA  95128-3158