End Your Mortgage or Lease in One Year

[JoefromPhilly]

Are you looking for a way to pay off your mortgage in less than a year, or generate enough cash for a downpayment on a house of your own? Well, if you do what I am doing, you can be on that path!

I have joined a unique program that will let me pay off my mortgage in about a year. It is based on a 2-up compensation program that pays you a credit of one-half of one mortgage or rent payment of each new member who joins. The service itself is an electronic mortgage or rent paying program with no up-front fee. You get referral credits on those you bring in and on thow whom they bring in.

In less than 3 weeks, I already have 5 new members, and my goal is to have 12 members in 2 months. Based on that alone, I will be netting on average, $15,000 in about 4 months.

For details on this program, visit http://EndYourMortgage.com.

[Dan Auito]

Interesting Joe, let's say I have a $300,000 dollar mortgage and my payments are $2500.00 a month would this plan pay me $1250.00 for everyone I brought in, what about the guy who has the $600.00 mortgage does he only get $300? Just needing a little more info Joe. Thanks for coming over! Dan

[JoefromPhilly]

Hi Dan,

You would receive as a credit one-half of one of the mortgage or rent payments of your downline members, not what your mortgage payment is. The one who benefits from the bigger payment is your sponsor. I do believe that the referral credit is capped at $750 per person.

I have investigated this program in great detail, contacting several other members plus the company before joining. Their back-end technology is great as if you try to get to the Brixdale site without a referral code, you can't click on any links. Plus, I got notified instantly when someone joined, and their payment shows up in my back office log-in. They have a real good customer support person named Lisa who got back to me with answers to several questions promptly.

If you want to participate in the program but don't want to have your mortgage processed, you can join by paying a $395 fee. Then you can start to build your downline. To compensate the sponsor, who ends up getting nothing if you don't bring in a mortgage or rent to the system, you have to give up an extra first two new recruits to him or her.

If anyone wants a copy of how the 2-up compensation program works, just send me an e-mail and I will send it over. You can reach me at JoefromPhilly@aol.com.

[eldorado]

That's soo weird..I just listened to the program this morning. and here you are..
What worried me.are the earmarks of a MLM plan. which usually burn out at some point.
I'd hate to risk my credit score with a company that may not be there in two years.
Although is my mortgage is paid off in 6 months ????

[Just Information]

Interesting,

When you sign up, you must agree for your mortgage payments to be electronically debited from your account. You are required to make a mortgage payment every 23 days. After you have made four mortgage payments, you return to a monthly mortgage payment schedule. After you have made these payments, your will be awarded a $4,000 travel package. Your rewards from working as an ambassador will payoff the rest of your mortgage. If you are a renter, you still must sign up to have your rent debited from an account. They will release funds to you after you have earned $10,000.

To qualify for the program, you are required to sign up three people for an inverse mortgage. The first two people you sign up do not result in any points. The third person is place in your point register, which will earn you 775 points. You are not paid for points until after 3 months. Your third person will sign up three people and you get two additional people in your point register and so on. The time it takes to pay off your mortgage depends on how fast your download gets their customers to sign up.

You also have the opportunity to earn a monthly income. If you sign up four people instead of three, that person goes into your cash register. You will be paid $775 a month for each person in your cash register. They claim this money will be sent to you and you can spend it anyway you like.

To qualify for the reward points, you must work for the company by contacting customers


They do not charge an upfront fee
Brixdale will sell you a customer list
Now the catch:


The fee is one month's mortgage payment that they claim you will earn with the points program.
They do not disclose how they earn money to pay the points.
Your account with Brixdale can have a negative balance due to fees.
You will have to pay for a negative balance.
This mortgage reduction strategy will work to generate Brixdale fee, interest and securitization income on your property.
The Inverse Floater will generate the majority of their income.
You take all the risk and Brixdale makes a lot of money off your property.
The company will not:


Disclose how they earn their income.
Disclose the bank debit fee on its web site.
Inverse Mortgage - There is no such thing as an inverse mortgage

Pyramid Schemes
http://abclocal.go.com/kgo/news/iteam/081804_iteam_deaf_scam_folo.html
http://origin.bankrate.com/brm/news/advice/20030527a1.asp
http://kansascity.bizjournals.com/kansascity/stories/2005/03/14/daily5.html
Mortgage Backed Securities
http://www.ellington.com/mbs.html
CMO - Inverse Floater http://www.riskglossary.com/articles/collateralized_mortgage_obligation.htmSEC Ruling On A Mortgage Scheme
http://www.sec.gov/litigation/admin/34-42063.htm

If it's too good to be true, it most likely is.

[eldorado]

When I first clicked on the site, I thought I was gonna get another "Doreen Group" pitch.
"Pay off your mortgage in 6 months"
Anyone can accellerate their mortgage on their own, Without letting someone else control their banking debits.
The same goes for all those "credit repair" scams...

[dealmaker]

It's odd, I was just reading something this morning about how our society is so hung up on lowly names for things. So our trash man is now a "sanitation engineer", store clerks are now "sales associates" or "team members".

However, it doesn't matter by what name you call it a CHAIN LETTER is a CHAIN LETTER, even though you call it MLM or a points program. Please people if you paid ANY ATTENTION to any math teacher from the 3rd grade to the 7th grade you must know that anything like this MUST COLLAPSE OF IT'S OWN WEIGHT.

dealmaker