About EquitySmartCA
Why EquitySmartCA?
Our 4-Step Process
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The EquitySmartCA Opportunity
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Step 1: Applying insider knowledge
The first thing we do is to apply insider knowledge. What do we mean by insider knowledge? With many years in the financial services industry, EquitySmartCA and its alliance partners have developed a very keen understanding of how Mortgage companies, Banks, Credit Card Companies, Financial Services Companies, Appraisers, Credit reporting agencies and many other related financial services companies work. Obviously, there is not enough room in this short explanation to allow us an opportunity to explore each one in detail, however, let us use an analogy to explain. Many of these financial companies we have been referencing use the same tactics as a magician. A magician really doesn't make a coin disappear. First, they distract you by waving a distracting colorful handkerchief to prove that there is nothing in it so they can't cheat. That distraction sets up the opportunity to employ the second part - th emanipulation. While we are looking at the colorful handkerchief, making sure it is in fact a regular handkerchief with no secret pockets, the magician uses slight of hand to manipulate the coin. They are so skillful that it seems that the coin disappears. We know it can't really be true, but they are so skillful that we still can't figure out how they did it. This type of distraction is also used regularly in the financial services industry. We just happen to know the tricks and turn them into reality that's in your favor. We simply turn the distraction into the reason we participate. What a great advantage!
Step 2: We create margin
Next, we create a "margin". Depending on the amount and type of debt some clientsare provided a lot of margin, some have a small amount and again some may have none. The margin as we define it is simply the difference between the amount of your current payments that goes toward your debt, and the new amount of payments that will go toward your debt after we apply our expertise and the results of our powerful software. In other words, margin is new found cash from either a new and better interest rate or that is created and called "hidden margin" found with the power of our software. As you might guess, there are many stategies that we can use to create the margin. Some of the more common ones used in our program are: Debt Sequencing, Debt Roll-up, Rate Reductions, etc. Our staff consists of trained technicians and financial planners that, with the help of the software, calculate the margin, create the plan, and offer a recommendation for each unique situation. Many of those who are refinancing or seeking a new loan or mortgage will find the results speak for themselves.
Step 2: We create margin
First of all, you understand that if we add $100 in real cash margin to your very first monthly payment, we change all the ratios. Let's take a minute and look at the power of the margin. If a typical American family had a mortgage of $122,000.00 with a matching $900.00 monthly mortgage payment, and they were able to gain a cash margin of $100, and all $100 went to principle, the principle payment would be reduced to $182 instead of $82 which was being paid at their very first mortgage payment. That changes the monthly interest paid to 82% from 91%. It also means the mortgage gets paid off in 21 years and 5 months, which, believe it or not is when this loan is at a 50% principle and 50% interest when paying the regularly scheduled payments. In this scenario, we have saved $68,000 in interest payments that would otherwise have been due and payable. Can you imagine what we could do if we found even more margin? Try us... we have many clients that have found much more.
The sample below of a before and after snapshot of the EquitySmartCA program includes the monthly $900 mortgage mentioned previously. In addition, this family has a $900 per month obligation for debt other than a mortgage (credit cards, auto payment, etc.).
Typical American Family before and after the EquitySmartCA Program
| Before | After | Savings | |
|---|---|---|---|
| Monthly Payment | $1800.00 | $1800.00 | $0.00 |
| Interest To Be Paid | $193,079 | $76,621 | $116,458 |
| Time In Debt | 27y 0m | 10y 11m | 16y 1m |
| Potential Savings | $0 | $544,645 | $544,645 |
Step 4: Auto pilot
Most debt elimination plans are quite sophisticated and most people appreciate not having to worry all month about making sure they execute the program exactly and properly. The discipline to correctly execute this type of plan is very difficult for most people. So our clients are set up with a TPA or Third Party Administrator. We give the TPA the specific plan with detailed instruction on how to execute your plan on a monthly basis. Our very capable alliance partner is FDIC insured and has been taking care of families financial monthly payment obligations for many years. Auto Pilot is the best part... the bills get paid... and fast!