A Quick Mortgage Freedom Hack!

→𝐉𝐨𝐢𝐧 𝐌𝐲𝐫𝐨𝐧’𝐬 𝐋𝐢𝐯𝐞 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞 𝐓𝐨𝐝𝐚𝐲←

𝐌𝐞𝐞𝐭 𝐌𝐞 𝐈𝐧 𝐏𝐞𝐫𝐬𝐨𝐧, 𝐌𝐲 𝐍𝐞𝐱𝐭 𝐄𝐯𝐞𝐧𝐭 𝐈𝐬 𝐆𝐨𝐢𝐧𝐠 𝐓𝐨 𝐁𝐞 𝐋𝐢𝐟𝐞 𝐂𝐡𝐚𝐧𝐠𝐢𝐧𝐠!

𝐌𝐲𝐫𝐨𝐧’𝐬 𝐁𝐨𝐨𝐤𝐬
B.O.S.S Moves

From The Trash Man to The Cash Man

𝐌𝐘 𝐅𝐀𝐕𝐎𝐑𝐈𝐓𝐄 𝐁𝐎𝐎𝐊𝐒

𝐌𝐨𝐫𝐞 𝐕𝐢𝐝𝐞𝐨𝐬
The Poverty Programming Trap

Why God's People Are Broke! Wake Up People…

It’s Time To Put Your Faith To Work

Don’t Let Your Distractions Destroy Your Destiny!

A Simple Formula To Make MILLIONS

[RandyMoore-wquu]

I refinanced my 30 year mortgage with 25 years left to a 20 year mortgage. Interest rate changed from 7.5% to 2.75%. Bank paid ALL closing costs. There are always exceptions.

[tabithatechnology]

Our house was paid off last year in September 2023..God gave my husband debt free strategy in 2010, we paid it off 13 years later. God ain't playing with his kids.

[luvtrvl]

I came to the same conclusion. We were curious about refinancing our home. Closing cost were nearly $10k. And like he said, it'll start a whole 30 years all over again. Instead we sent the $10k+ to our current mortgage principal and shaved off 10 years off of it. This is in top of us sending an extra $200 - $500 extra every month. We're on pace to paying off our mortgage in 7 years. Saving a nearly $500k in interest. He's right, don't refinance!

[MeshachKanyion]

Key phrase: “DEPENDING ON HOW MUCH MONEY YOU MAKE”

[joelshrader]

NEVER refinance to lower your payment; REFINANCE to lower the INTEREST! IF you do this and overpay each month, you pay your mortgage considerably faster!

Otherwise, I agree with this man.

[CycoPatPonfe]

I refinance my home loan on the 7th year mark. From 3.75 to 2.375 and I TOLD THE Lender to REFINANCE IT to 23 YEARS only. Not back to 30. 😉

[JohnnyCamaro]

Stop paying your property taxes and then find out who owns your house

[ap]

You never truly own "your" house. Property tax is forever and if you don't pay it the government will kick you out the house and off the land and sell it to someone else.

[halfunkbass]

Paid my house off, and the banks want to give me more debt... nope!

[christopherharmon]

So few people understand that the payment schedule is reset, and you go back to paying almost 100% interest.

[RJ-cvuw]

Cant wait to pay off my house guys, just need to buy one first

[katrinalove]

We refinanced. From a 30 year to a 15 year and from 4.5% to 2.875%.

So yea, sometimes you should refinance.

I might be also add we are paying extra towards to principal.

[rayray]

Just pay extra on the principal, why do we need to make things complicated

[keithshelburne]

They want me to refinance my 2.34% loan to cash out 50k to 75k and have a larger dent to pay for 30 years at 4.75%-5.75% . That 50k just cost me 200k

[AvaLynn]

Some people are struggling and need the lower payment option even if you have to start over. It's better than living homeless for some.

[primecash]

No, you refinance get the lower payment and continue to pay the old higher payment. That’s your part of the equation and you pay off your mortgage faster.

[thomasorchard]

There's no shortcut to paying off your mortgage. Just pay extra towards your principal. Do NOT take the advice of this man.

[darryllowe]

Absolutely correct, The mortgage industry thrives on consumer ignorance

[lukaslars]

Taking your entire paycheck to pay into your home equity line of credit doesn’t pay down your mortgage. It pays down your line of credit.

[EconomicNinja]

This is the difference between simple intrest and front-loaded amortization interest