Paidoff™ (303-870-8337) is pleased to give Colorado-based real estate investors a new flexible 30-year home equity line of credit (HELOC) designed to help them maximize their investments.
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With their new flexible 30-year HELOC, Paidoff™ is aiming to make it easier for Colorado investors to secure new properties and pay them down in a manner that allows them to reinvest more quickly, lower the interest they have to pay, and achieve greater financial freedom and flexibility.
More information is available at https://www.thepaidoff.com/
Paidoff™ said that they understand that many new investors want to take advantage of the booming Colorado property market, where, according to Redfin, home prices have increased by 3.4% year-over-year this month. Having worked extensively in the Colorado property market, their team believes now is a good time to make that first, second, or third investment by buying into the market before it becomes too hot.
However, they also explained that some investors may be put off by current interest rates and the disappointing terms offered by the big banks.
In response, the company is now offering a flexible 30-year HELOC designed specifically for middle to upper-income households and investors seeking to quickly pay down their mortgage in order to continue expanding their investments and building wealth through their property portfolio.
While Paidoff™ uses a first-position home equity line of credit or HELOC principal, their system is differentiated on several key points. For one, borrowers automatically get a 30-year loan term rather than the standard 10 years, and they can borrow up to $2 million, exceeding the usual HELOC cap of $500,000—making Paidoff™’s line of credit a smart choice for investors in larger luxury properties.
The Paidoff™ flexible HELOC allows investors to pay off the principal first and not interest, only paying simple interest instead of compound interest, giving them complete flexibility with their mortgage.
“Every payment you make goes to the principal first, not interest. Consequently, your mortgage balance drops like a rock which accelerates your payoff Much Faster©,” said Irina Saveliev, also known as The Mortgage Breaker and the founder of Paidoff™. “Plus, you have total flexibility and complete control over how often and how many payments you want to make.”
For more information, visit https://www.thepaidoff.com/
Contact Info:
Name: Irina Saveliev
Email: Send Email
Organization: Paidoff
Address: 600 South Cherry Street Suite 143, Denver, COLORADO 80246, United States
Phone: +1-303-870-8337
Website: https://www.thepaidoff.com/
Source: PressCable
Release ID: 89134209
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