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Home > Money & Services > Mortgages   »   Creative Financing

 
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Old Sep 22, 2007, 07:42 PM
xpertus
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Creative Financing

A person I met recently was reading a book on how to reduce the total payment on his mortgage by putting all his excess money into an account with the mortgage comapny. This is money that he would use to pay all other bills, etc.

Then that amount of money would reduce his daily outstanding balance on the mortgage.

It seemed as if he was using this account like a normal bank account - writing checks, etc.

Seems a creative idea. Has anyone heard of such a program, or such a book.

Sorry I cannot provide anymore information.

Errol [281-587-8242]; [email address]

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