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  What is a MORTGAGE SAVINGS PROGRAM™?

  How do I determine my Bi-Weekly Mortgage Savings?

  Why don't banks offer this service?

  Who is AAA Financial?

 

What is a MORTGAGE SAVINGS PROGRAM™?

If you have a 30 year mortgage, here are the disturbing facts:*

  • You will pay nearly 3 times the amount you originally borrowed before paying off your loan!
  • It will take you 23 years just to pay off 1/2 of the amount you originally borrowed!
  • It will take nearly $500,000 in gross income to net $300,000 in mortgage payments to pay off a $100,000 loan!
  • If you move about every 5-7 years, like most Americans, you are really paying 91% of your payments toward interest of your loan!
  • By making one simple adjustment in how you make your payment, you will...
  • SAVE over $61,000 dollars! That's money you can save for your retirement and financial security.
  • SHORTEN your term nearly 9 years! That's over 100 payments you won't have to make!
  • BUILD your equity 3 times faster! This rapidly increases your net worth and helps you get out of debt much faster!
  • SIMPLIFY paying your mortgage each and every month!

How? By simply changing your payment frequency from once a month to half a payment every two weeks through an automatic process!

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Calculate My Savings!How do I determine my Bi-Weekly Mortgage Savings?

Here's an Example:        $100,000 Loan at 8.5%

  • By simply converting the monthly payment of $1,000 to $500 on a Bi-Weekly basis, you'll make 26 one-half payments over a year's time. That's the equivalent of 13 monthly payments.

  • Through the use of sophisticated banking technology and electronic debiting you will automatically make an extra payment of $500 to principal about every 6 months!

Comparison

30 Year Loan

Mortgage Savings Program 

Current Payment $1,000 PITI $500 Bi-Weekly**
Paid Off In 30 Years 21.2 Years!
Total Interest Paid $176,811 $115,784!
You Save $0 $61,027!
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Why don't banks offer this service ?

  • Most lenders sell their mortgage on the secondary market right after they originate them.
  • Many lenders, from a system's standpoint, are not set up to handle partial or bi-weekly payments!
  • Some lenders offer bi-weeklies but you must originate a new loan, costing you thousands of dollars in unnecessary expenses and closing costs!
  • A few lenders offer a program similar to Mortgage Savings Program ™, but does not offer the mortgage auditing, or guarantee the savings!
  • With all the lender miscalculations which cost Homeowners billions of dollars, you're safer having an independent expert prepaying and auditing your mortgage! That makes better financial sense!
  • Most lenders sell their mortgages on the secondary market. (EX. FNMA/FHLMC)

THE LENDER THAT HOLDS YOUR LOAN WANTS TO COLLECT ALL THE INTEREST IT CAN FROM YOU!

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Who is AAA Financial?

AAA Financial is the Nations Leading Biweekly Administrator and one of the the first companies in the U.S. to provide biweekly payment administration.  WE ARE NOT AN AFFILIATE OF AAA AUTOMOBILE.

AAA Financial Corp., founded in 1980, is the leading mortgage pre-payment lender and administrator in the country!  Licensed and bonded by the Banking and Finance Department, The Mortgage Savings Program ™ is highly regulated by Federal Reserve policies, Regulation E, and NACHA rules and regulations. We are HUD approved, and licensed.

Here's How it Works:

  • Your Biweekly Payments are held in a TRUST ACCOUNT which is fully FDIC insured at [BANK ONE], one of the largest banks in the United States with over $300 Billion in assets. 
  • Your funds are withdrawn from your account and received by your Mortgage Institution.  Your Bank remains responsible under Regulation E of the Federal Reserve for your money. 
  • Under the Regulation E policy, funds debited from your account are protected against fraud or loss for a period of sixty (60) days from the draft date. 

AAA Financial Corp., because of the tremendous growth of the Mortgage Savings Program™, was recently selected to Inc. Magazines prestigious Inc. 500 as the 177th fastest growing company in America!

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