Mortgage Acceleration Scam-Warn Your Clients
I’ve not done a newsletter on this in many years. Why do one now? The mortgage acceleration scam that ran wild in the insurance and real estate space seems to be back, and more of a scam than ever. Clients will appreciate you warning them about this software scam and telling them how they can get the same software for FREE.
Mortgage Acceleration Plans–when I say mortgage acceleration, I’m NOT talking about bi-weekly payment plans or simply paying extra money at the end of the month to pay off a mortgage quicker.
What I’m talking about is using a software program to help pay off a mortgage quicker.
Let me ask you the following question and you tell me if it interests you or would interest your clients.
Would you be interested in a mortgage acceleration plan that could help you pay off your mortgage 5, 10, 15+ years early with a plan that has no risk and no downside? What if I showed you an example of the average home owner saving over $125,000 in mortgage interest on a $250,000 mortgage?
Let me put it another way. Would people pay $2,000, $3,000, even $4,000 for software that could help them save $125,000+ in mortgage interest? The answer is yes because it happened years ago when these programs rolled out. They are back, and people are buying them.
Why is this a scam? Because the mortgage acceleration plan that the software helps clients with has been around for 20+ years and you DON’T NEED software to implement it.
Get This Software for FREE
I was so disgusted years ago at these programs that I wrote a book explaining how the program works without using software. Then I created my own mortgage acceleration software and advocated that advisors give it away for free.
My book and my software are called H.E.A.P.™ (the Home Equity Acceleration Plan). You can learn about H.E.A.P.™ by going to www.heaplan.com.
I call H.E.A.P.™ my #1 new client tool for advisors looking to find new clients. It’s great to be able to give away mortgage acceleration software that others are charging upwards of $4,000 for. To learn more about H.E.A.P.™ as a marketing tool, go to http://strategicmp.net/1-new-client-generator/.
And I now have a free H.E.A.P.™ mobile app. To learn about the H.E.A.P.™ mobile app. go to www.heaplan.com/get-your-h-e-a-p-mobile-app-for-free-today.
Programs I recommend clients stay away from (not an exhaustive list)
The Sweep’s Strategy (I believe they charge $4,000).
Worth Account (formerly United 1st Financial) (they used to charge $3,500). This is an MLM structure which really upset me and was the main reason I created H.E.A.P.™ back in the day.
Truth in Equity-This is being pitched by Jordon Goodman and I believe the cost is $1,500.
Bottom line
It’s important that advisors know what trash/scams are being pitched to clients so they can warn them about it (It makes the advisor look good and builds trust).
Also, when you can offer a cool program for FREE that others are charging thousands for, you can use it as a value added tool with current clients and to pick up new clients.
If you would like to be able to give my H.E.A.P.™ software away to your clients for free, email me at roccy@strategicmp.net for more information.
Roccy DeFrancesco, JD
roccy@strategicmp.net
269-216-9978