Equity mortgage trusts companies...

[jbradley7]

What is the name of your state? Georgia

Is anyone familiar with a "trust" that accelerates a homeowners mortgage from a traditional 30yr term to 3-6 years based on the amount of equity or no equity?
If so, can you recommend me to such company(s) and what is there performance rate and pay out rate?
Thanks...

 

[seniorjudge]

Can you say "scam"?!

 

[jbradley7]

Is that right?! I knew it sounded too good to be true...So then, the best way to pay down your mortgage is through the conventional way of making additional payments...Correct?
Thanks for the reply!

 

[jbradley7]

Do you have personal experience with these types of "trusts"?

 

[seniorjudge]

So then, the best way to pay down your mortgage is through the conventional way of making additional payments...Correct?...Do you have personal experience with these types of "trusts"?

Yes
and
yes....

 

[HomeGuru]

What is the name of your state? Georgia

Is anyone familiar with a "trust" that accelerates a homeowners mortgage from a traditional 30yr term to 3-6 years based on the amount of equity or no equity?
If so, can you recommend me to such company(s) and what is there performance rate and pay out rate?
Thanks...

**A: another idiot.