BENEFITS
          
               Any mortgage that can save you close to the
          purchase price of your home in mortgage interest, while
          cutting your term from 30 years to 20, and allowing you
          to pay down your principal 3 times faster is bound to
          be popular.
          
          But why refinance?
          
               Unfortunately, for most homeowners, they will
          spend thousands of dollars to refinance needlessly. 
          why would any homeowner spend $3,000 to $5,000 to
          refinance a home with a new biweekly mortgage or a 15
          to 20 year mortgage?  That's easy.  It's because they
          don't know they can use a system like the equity
          acceleration program to accomplish virtually the same
          result...for a fraction of the cost banks charge to
          refinance to accelerate the payoff of any home.
          
          The equity acceleration program is better
          
               By using the program they won't have to refinance
          and go through the new loan qualification problems;
          they will save thousands of dollars in refinance costs;
          if they miss a few payments, they will not be dropped
          from the program as is the case with bank biweekly
          mortgages; if they lose their job and need to drop out
          of the program temporarily, they can easily get back
          in, at no charge.  And this can be done with an FHA,
          VA, conventional, fixed, ARM, or any other mortgage,
          almost without exception.
          
          No refinancing
          
               So, by signing up with an equity acceleration
          program, they can gain essentially all the advantages
          of the biweekly mortgage, or short term mortgage,
          without refinancing.
          
          Call any bank
          
               Even to this day, you can call almost any bank and
          tell them you have a 30 year loan and want to pay off
          your home in 20 years.  Instead of encouraging you to
          prepay your loan, they'll try to sell you on
          refinancing your home to a 20 year loan!  And all so
          they can make a few thousand dollars in origination
          fees as profit!
               It's their business to try to refinance homeowners
          because that's how they make money.  Each time they
          refinance a loan or originate a new one, they add
          several "points" to the loan for "processing costs" and
          that adds an average of $4,000 to a real estate
          mortgage which must be repaid...with interest added on!
          
          Banks want to make money
          
               Banks won't encourage anyone to prepay a loan
          because it adds to their servicing costs and the way
          they look at it, why not sell a refinance package
          instead?  That's great for the banks but terrible if
          you're a homeowner wanting to save money.