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First Position HELOC Replace Traditional Mortgage National Saving Program Launch

Michael Lush, a recovering mortgage broker, has launched a program that helps homeowners pay off their homes in less than 10 years. He has written a book that can be downloaded from his website.

Spring Hill, United States - March 9, 2021 /PressCable/

Michael Lush, a “recovering” mortgage broker, has launched a nationwide effort to educate the middle class about the advantages of a first position line of credit versus a traditional mortgage. He offers consultations and a complimentary book for those interested in paying off their home in less than 10 years.

For further details, see https://replaceyourmortgage.com/idevaffiliate/idevaffiliate.php?id=156

This effort was launched to teach the middle class a financial strategy that has been being used by homeowners in Europe, Australia, and South Africa for decades. This membership gives homeowners the information the wealthy have been using for decades to amass large estates.

A HELOC allows a homeowner to take out funds against the line of credit line up to the loan’s predetermined limit. The borrower can make payments on the debt and then borrow money back out as they determine. Unlike a home equity loan where the borrower receives a lump sum, the first position HELOC allows homeowners to borrow and repay the loan on an “as need” basis.

Micheal’s membership is called a “Platinum Membership” and includes everything a homeowner needs to capitalize using a first position HELOC. It comes with several modules designed to give homeowners multiple avenues of savings and profit.

The six online educational video classes that homeowners receive as members can be watched on an unlimited basis. The first two modules give the viewer the basics of obtaining the correct loan for their particular situation. Members are given a list of banks that understand this type of loan and the critical points that must be met to protect borrower’s credit scores.

Other topics covered by the modules include leveraging the equity in a house to build wealth, with real estate investments being one of the primary ways. A private Facebook group has been established where fellow members, many of whom are CPAs, Financial Advisors, and real estate professionals, share ways of increasing net worth using a line of credit.

The qualifications for participation in the program offered in this membership include a positive net cash flow, a 20% position of equity in a residence, and a minimum of a 680 credit score.

Michael says, “I’m a recovering mortgage broker who spent 15 years pushing standard mortgages. I say recovering because about ten years ago, I stumbled across HELOCs, and after going through the process myself, I decided to start teaching others how to pay their homes off in 5-7 years.”

The launch of this membership to educate the middle class can change the financial profile for those that take advantage of its benefits. Michael Lush and his team are currently booking complimentary consultations with qualified homeowners.

For more information, see the above URL.

Contact Info:
Name: Michael Lush
Email: Send Email
Organization: Replace Your Mortgage
Address: 4044 Sequoia Trail, Spring Hill, Tennessee 37174, United States
Website: https://replaceyourmortgage.com/idevaffiliate/idevaffiliate.php?id=156

Source: PressCable

Release ID: 89000318

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