EP92: Pay Your 30-Year Mortgage in 5-7 Years on Your Existing Level of Income - with Jordan Goodman

Jordan Goodman is a rockstar. You may have heard of him as America’s Money Answers Man and seen him as a regular CNN, Fox Business and radio segments across the country.

Jordan is referred to as the answers man because of his expertise on all things money, but I wanted him to come on the show for one reason and one reason only: The Equity Optimization Strategy

Jordan walks us through step-by-step how to pay down your 30-year mortgage in as little as 5-7 years using a HELOC.

Now, I am sure you’re waving red flags, and you definitely should be. I was too.

Therefore, I made sure Jordan broke it down step-by-step and I even had to ask him to explain it three different ways so we can all fully understand this strategy.

Here are just a few things we mention inside this episode:

• Countries such as Australia and Japan already use this method of rapid mortgage acceleration
• The reason it works is because mortgages used amortization schedules and HELOCs are based on average daily balance
• You must have some equity in your home now
• You must have a positive cash flow (income)
• Why the banks will not like you after this


All the show notes, links and anything Jordan and I mentioned can be found at https://www.moneypeach.com/session92