Let Your Mortgage Make You Rich! [Spiral-bound]

John R. Barker (Author), Lin Ennis (Author, Editor, Illustrator)

Book Description

Publication Date: May 25, 2006

Rules of the lending game exposed: You can use your house to pay for your house; it's legal and it will save you a fortune!

Let Your Mortgage Make you Rich! follows four home buyers as they buy a home with a $250,000 loan at an 8% interest rate. Each uses a different payment technique, which the spiral-bound manual describes and compares. George and Wilma pay $660,390 on a 30-year loan. Claire and Simon pay $545,619. Terry & Roan pay only $541,903. Ruth "read this manual first" and saved enough to buy another house!

What method did each use? People say you can pay a mortgage in half or even one-third the time. If so, how do you do that? What's legal and what isn't?

Editorial Reviews

Review

While some advisors tout one method over another for paying off your home faster (thus avoiding thousands of dollars in interest), Let Your Mortgage Make You Rich! is the only product I've seen that compares all the early payoff methods. What's the different between biweekly and bimonthly? Is there a way to achieve biweekly payoff results (about seven years' savings) if my lender won't let me pay biweekly? Can you really u8se your house to pay for your house? (yes) This manual shows the numbers and how to combine accelerated payoff methods that fit your lifestyle. It even explains in step-by-step fashion the same techniques used by companies that charge thousands of dollars to help you achieve similar results, such as United First Financial's money merge account (MMA). --Lin Ennis, Amazon.com

About the Author

John R. Barker served in the White House under two presidents. He is an Internet Marketer who lives in Sedona, Arizona, with his wife, Dr. Tara Barker, and their three children.

Lin Ennis wrote from the experience of cutting nearly $90,000 of her mortgage in only two years--not counting her regular payments! Using a money-recycling or HELOC-rolling technique, $20,000 of her own money was multi-purposed, saving $69,542.17 in what she calls "wasted money," that is, money thrown away on mortgage interest.

Ennis is a former high-school teacher, and an educator and trainer. Prior titles include The Email Marketer's Cookbook: Stirring Recipes for Sizzling Campaigns, and The Phone Book: Everything You Need to Know About Talking to Prospects. She currently writes and publishes online full-time from her home in Arizona.

Product Details

• Spiral-bound: 86 pages
• Publisher: Lulu.com; 1st edition (May 25, 2006)
• Language: English
• ISBN-10: 1411635469
• ISBN-13: 978-1411635463
• Product Dimensions: 10.8 x 8.4 x 0.3 inches
• Shipping Weight: 10.4 ounces (View shipping rates and policies)
• Average Customer Review: 4.3 out of 5 stars  See all reviews (6 customer reviews)
• Amazon Best Sellers Rank: #1,905,980 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

6 of 8 people found the following review helpful:

1.0 out of 5 stars Misleading, July 5, 2008

By 

Al Rodrigo "arodz" (Cayey, PR USA) - See all my reviews

Amazon Verified Purchase

This review is from: Let Your Mortgage Make You Rich! (Spiral-bound)

The price paid is outrageous and misleading. You think you might get something solid but this this is information that you can obtain on the internet for no cost. Also the book has a handout with bonuses that you send your information, but never received what promised. Been waiting a while when it states in 24 hours to be delivered. Frankly the $97.00 charged for this book is robbery. Prior reviews apparently written by authors or close friends because they are also misleading. Save your money and use it to pay your mortgage.

4 of 6 people found the following review helpful:

5.0 out of 5 stars Very Straightforward, June 30, 2008

By 

Corinne L. Casazza (Sedona, AZ USA) - See all my reviews
(REAL NAME)   

This review is from: Let Your Mortgage Make You Rich! (Spiral-bound)

I'd never heard of the HELOC cycling technique before. It seemed a little complex at first, but the authors make it really simple. I am certainly not a financial expert and truly numbers make my eyes roll back in my head, but the information here (which is just what banks don't want you to know) is clear and concise. Concrete examples are given from people's lives that really bring home what this technique can do for you. I highly recommend it!

3 of 5 people found the following review helpful:

5.0 out of 5 stars This book can Save you Thousands $$$, July 25, 2008

By 

sierratessie (VI) - See all my reviews

This review is from: Let Your Mortgage Make You Rich! (Spiral-bound)

Last night I was up until the wee hours reading this ebook.
It really is fabulous and is the most easy to understand of the 3 books I've read about this method of mortgage paydown.
I am not a friend of the author as suggested by the last reviewer.
I hope more people read, understand, and apply this method of mortgage payment, as it can make a tremendous difference in someone's life. Imagine paying off your mortgage in half the time for thousands of dollars less, even making the same or just slightly larger payments. This is well worth the cost for the information it provides in an easy to understand way.