Paidoff™, a trusted financial advisor in Colorado specializing in property investment and financing, is pleased to offer a 30-year first-position HELOC as an all-in-one product that helps homeowners pay off their mortgages faster.
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The founder of Paidoff™, Irina Saveliev, who has become well known as The Mortgage Breaker, has pioneered a new 30-year first position HELOC. This new HELOC gives Colorado homeowners and property investors a way to reduce their mortgage interest, structure their mortgage repayments more flexibly, and ultimately, get out of debt faster.
More information is available at http://thepaidoff.com
Saveliev and her team know that in 2024, as the Urban Institute recently confirmed, the average homeowner now spends at least 30% of their monthly income on housing costs, including their principal, interest, taxes, and utilities; making them, by definition a ‘cost-burdened’ household.
However, the Paidoff™ team believes that borrowers should not be burdened with long loan terms and interest-heavy payments.
As such, with their new 30-year first position HELOC, they believe they can help homeowners and investors in Colorado pay off their mortgages significantly more quickly, which they call their Much Faster© promise.
Unlike standard HELOCs or Home Equity Lines of Credit, a Paidoff™ HELOC features a flexible repayment system that ensures homeowners are paying only simple interest and not compound interest on the sum borrowed. Additionally, they can borrow for a term of 30 years with a generous line of credit of up to $2 million.
As Saveliev explains, many homeowners today end up locked into inflexible mortgages with the big banks that leave them paying the interest first and the principal later, unable to make additional payments to pay down their balance more quickly—or having to pay heavy fees to do so.
The Paidoff™ first position HELOC shows a new way for all homeowners to change and refinance their mortgage so that it better serves their financial needs and goals.
One happy user of their powerful new HELOC said, “When I first met the Paidoff™ team, they showed me that people could pay off their homes in 7 years or fewer. We wanted to pay off our home and had been making additional payments to do so. Now, in just 8 months, we have paid our home down by $160,000 without changing our lifestyle. We are hooked on ensuring that every dollar we have is going into our account so we can pay it off Much Faster©!”
For more information, visit http://thepaidoff.com
Contact Info:
Name: Irina Saveliev
Email: Send Email
Organization: Paidoff
Address: 600 South Cherry Street Suite 143, Denver, COLORADO 80246, United States
Phone: +1-303-870-8337
Website: https://www.thepaidoff.com/
Source: PressCable
Release ID: 89135355
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