Some Basic Questions...
1.) Is it a bi-weekly program?
NO. This is the most common question we get because many people are familiar with bi-weekly loans already. This is not a bad way to pay your mortgage, and it will work, but take too long. MAP generally eliminates most loans in 7-9 years. And the average of ALL our clients: 8.5 years
2.) Do I have to make additional payments each month?
NO, and YES. With MAP, ALL income is driven towards your mortgage, which is now merged with your checking account, so that all money is applied towards the principal as quickly and abundantly as possible. We call this feature “Money Maximization”, (AKA Paycheck Parking) and is one of the six components used in MAP. All expenses are paid from the mortgage as LATE as possible, allowing your money to “work” for you more effectively and reducing “daily interest expenses”.
3.) Does someone else control your money?
NO. YOU have total control and all the options.
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