Getting Paid to Refinance Every 6 Months- Bi-Annual Refinance Program

What if you could pay off your home mortgage in 15 years or less without increasing your monthly payment?

What about renting your property to a tenant and also earning additional income through refinancing?

Did you know for a $400,000 home mortgage, the homeowner will pay approximately $300,000 in interest, not including principal, over the life of the loan? That's $700,000 total for a $400,000 home!

Our Bi-Annual Refinance Program has helped our clients eliminate their home loans in 15 years or less.

How do we do it? Check out the example below!

Borrowers Current 30 year $400,000 Conventional Home Loan with 4.5% Interest Rate

In the first 15 years:

You will have paid $135,064 towards your principal

&

Approximately $225,000 toward interest

With 15 additional years of payments until your home is paid off.

Bi-Annual Refinance Program

In the First 15 Years:

You will receive approximately $405,000 in lender rebates, Tax Free (Approx. $13,500 per Refinance).

If each check for $13,500 were placed in a 1.5% savings account over 15 years, this would equate to $454,170. This means you will be able to pay off your home, in cash, in less than 15 years.

The Basics

We refinance your home loan every 6 months into a 30-year home loan with a higher interest rate (approx. 5.5%-6%). The higher interest allows us to sell your home loan to mortgage investing companies for a higher commission (approximately 6.2% of the loan amount).

$400,000 X 6.2%= $24,800 commission paid for your home loan.

Some Approximate Up-Front Costs Paid with the Commission

Refinance Costs (Underwriting, Title, Appraisal)-$3,000

Our Overhead (Office Rent/Loan Processors)-$3,000

Total Up-Front Costs= Approximately $6,000

Some Approximate Up-Front Costs Paid with the Commission Cont.

$24,800-$6,000=$18,800

There is an approximately $300 monthly increase in your monthly mortgage payment X 5 months=$1,500 (We pay your mortgage payment for the 2 months a year you refinance)

From the $18,800, you receive $1,500 to cover the increased monthly payment, plus $13,500 in the form of a tax-free lender rebate. $13,500 x 2 refinances/year=$27,000. $27,000 x 15 years= $405,000

Rather than pay off your home loan one month/payment at a time over 30 years, your home loan balance will remain at $400,000 so we can continue to refinance every 6 months and sell the loan for a high commission. You then deposit the lender rebate checks into your savings account until you pay off the entire $400,000 home loan in one lump payment. 

Imagine the cash flow from owning multiple properties with rental income.  

There are no limits to how many times you can refinance and RESPA + IRS have stated lender rebates are legal, tax-free, and great for competition.

Currently only serving California.  Send me a message to learn more and/or get started.