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Want to payoff your mortgage quicker? Would you like to build equity faster?
The Home Ownership Accelerator (HOA) mortgage is a first lien HELOC (Home Equity Line of Credit) that functions like a
checking account. But unlike a HELOC, the HOA has a deposit feature,
allowing you to deposit income and other monies into the account.
And unlike a conventional mortgage, interest due on the HOA is computed from the daily balance.
To explore the Home Ownership Accelerator Program® in further detail, use the HOA Interactive Simulator below. This tool allows you to enter your own schedule of income and expenses, and calculate the interest savings the HOA provides for your particular situation. You will see exactly how much quicker you can build equity in your home and payoff your mortgage! Ready to apply? Then click here for a no-commitment application. 
New "Offset" Loans Sound Great. Are They?, December 2007 
Commentary: In Defense of ARMs, October 26, 2007 
After Mortgage Meltdown, it's HOA!, October 7, 2007 
High Speed Mortgage Payoff, August 1, 2007 
Mortgages; Letting Your Paycheck Work for You, December 17, 2006 
White Paper: Why Accelerating a Traditional Mortgage is Dangerous White Paper: Choosing Between Adjustable Rate and Fixed Loans |
Jack Guttentag, a.k.a. "The Mortgage Professor" and founder of the Upfront Mortgage Broker's Association, presents an article giving his opinion of the Home Ownership Accelerator Program®. Mr. Guttentag discusses and comments on the various features of the Home Ownership Accelerator Program®, including it's strength as a flexible planning tool. 
See How It Works This 5-minute video presents an overview of the HOA Mortgage. 
Phoenix News Special A discussion of the benefits of the HOA Mortgage. 
Listen to Others Consumers provide testimonials on the HOA in this 8-minute video. |
The Home Ownership Accelerator Program® does just that.
Though there are many imitations out there (requiring you to buy software, become a "member" of some organization), this is the original equity-builder program.
This means the money you deposit into the HOA account keeps your principal balance low,
allowing you to pay less interest. And paying less interest means you build equity and payoff your mortgage faster. If you’re a borrower
with good cash flow, you could payoff an average sized loan in
roughly half the time as a conventional mortgage-with no change in spending habits! The graph at left displays the payoff period of a traditional
loan vs. the HOA.|
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Copyright © 2008 GOTeHomeLoans. "Home Ownership Accelerator®" and the yellow flying house logo are trademarks of CMG Financial Services Inc.
These trademarks, and certain content on this page, represent
copyrighted material and are used with owner’s permission. 
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