I discovered TruthInEquity around the web back in 2010 and thought the concept was interesting and appealing to someone who hates paying interest over an extended time period. I mulled over it, but then forgot about it for a short time. My only regret was not implementing their approach as I waited to move in on their mortgage reduction plan. If I'd acted on my initial impulse I would've been paid about a year ago. I eventually did make the commitment and took a mortgage balance and some other debt rolled in from approximately $330K to $30K at right now. I spoke with a consultant, Tammie, who was quite informative and ended up buying the software and calculating I can pay off my debt in about 7 decades and 6 weeks - even accounting for annual interest rate rises of 1. 0% per year. The software showed me I would still save $100K in interest over my then 30 year. 125%. I set up a HELOC with US Bank to begin borrowing and paying off draws of $20-40K at a time that were employed to some existing 30 year mortgage. The HELOC at that time was two. 5% for 18 months then market after that (interest rates were rock bottom still coming from this financial crisis. ) I had been committing pay down, I found a 20 year very attractive, interest only loan for 6 years at LIBOR plus a margin of 1. 625% rate there afterwards. I read the tea leaves and saw the FED was stuck in Zero Interest Rate Policy for quite some time and decided to do this. I was rewarded with a mortgage interest rate under two. 0% for approximately 5 years before rates began to creep up annually. I paid as I comfortably could during this time. So after the first 6 months or so in the new interest , I quit using the HELOC to pay back the mortgage as rates climbed and LIBOR stayed frozen at roughly. 25 for approximately 5 years. Therefore I lucked out. But, if not for Truth In Equity, I would have never contemplated this strategy and missed out on enormous interest rate saving. Their program made me rethink everything about mortgage debt.
My Experience With Truth In Equity I must say I was skeptical when I first looked into Truth In Equity (TIE).After stumbling across some other firms ad on Google, while searching for something not related to finance, I chose to look further into the probability of"Pay your home Off In 5 to 7 Years". I've seen these ad but never paid them attention. They are normally the exact same ad that is old, also in my mind, another bank looking to take more of our hard earned money. After checking out among the advertisement's and reading their material, I decided to do a little research. After about a few months of doing my"due diligence" by talking to a lot of businesses and doing a lot of contrast, we chose to take the plunge with TIE following talking about Diana and also the fact that TIE has a very professional website aided issues. Diana is among TruthInEquity's finest and has been really helpful as my spouse & I went via the HELOC process. She's been in constant contact with us via email and by telephone which was comforting. My wife was reluctant about the entire thing but finally agreed after understanding the notion and realizing this firm is well recognized. Now that our HELOC account is open and funds deposited, we've started the practice of paying down the balance (with Diana's guidance) and it is EXCITING knowing the banks will not be getting all the excess cash that we might have used these years to pay this house off years ago instead of refinancing all the time. It is a crying shame we have been paying on this house since 1990 and, until today, thought we will never have it paid off in this lifetime. Help and hope is here and we are going to be spreading the word. Thank You Truth In Equity!
My TruthInEquity experience: I had a friend at work that was using the app to pay down three possessions that he had mortgages on. (He is now debt free) The success he had been experiencing caused me to provide the program a try. I believed if I discovered that the program did not function for me, that I could revert back to a conventional loan. As it turned out, three years into the program, I had saved about a hundred thousand dollars and put myself into a situation. The money I saved by using the Truth In Equity program plus equity in our home made it possible to have sufficient cash to pay cash for our retirement residence near Myrtle Beach and put a wonderful sum of money into a retirement fund a wealth manager is investing for us. As advertised, the app works and I highly encourage everyone to use it to get control of your finances instead of giving large amounts of cash to mortgage companies that are getting rich at our cost. Why purchase a house two and a half period as soon as it is possible to pay the home off early and place the interest in your pocket instead of the Banks. Had I taken a 15 year fixed loan instead of using the TruthInEquity program, after three years, I would still have 12 years worth of payments left. In my scenario, that would have amounted to about $216,000. 00 I still owed. It works, although I know that you may have concerns since this idea is different from what we are accustomed. If you have questions, don't hesitate to call David at Truth In Equity. He would be glad to take time together and explain everything. He was very helpful when I started the app. Sincerely, John Kunkel
Don't be afraid to try this - ! All you need to do is handle your money how that they tell you , and you're on your way to being completely debt free in a much shorter period of time than you would have been had you had the fortune of discovering Truth In Equity. I did it. I always have a healthy amount of doubt - and that I did with this company - so I moved with it but the numbers don't lie. Sure - surprisingly, I was debt free in only a couple of months more than they stated I'd be, but this has been because of a few expenses. No change in life, no budget. We enjoyed ourselves while on the year, 1 month payoff - took our regular vacations, dwelt our typical lifestyle. If you are an all around good financial supervisor and responsible with your money, this application will do the job for you!
Truth in Equity service is to give financial planning to cover your mortgage. Bill goes over your entire budget and equity in home to assess if the plan can help save you time and money. If he can not wont up sell you his service. TIE provides you with all the bankers that will aid you with loans that are new. After this is done the new financial plan becomes started. This will save you decades and money off the mortgage payment plan. I have not ever seen any other solutions out there that evaluate your spending and continuous debt cycle we get stuck in. Don't have any debt, and meanwhile we are on course to pay off at 8 decades! I spend less time paying bills everything is streamline and simpleI! I invite everyone I know to check out TIE providers and highly recommend!
I bought my house in 2015, I didn't think I had enough equity to use the program but Diana Ferreyra at Truth In Equity worked at every turn of this procedure with me. I have been able to accomplish so much since I joined TruthInEquity in June 2017 and began working with Diana. Her sound guidance has helped me use financial goods to my advantage. I've paid off a loan with a repayment interval in 6 months by using their strategic financial advice. I have been in a position to pay off a balance line of credit, purchase a car, furnish my house and take a vacation for my birthday in 2017, without even skipping a financial defeat or a bill! I'm thankful! Thank you, Diana! Thank you, Truth In Equity!
Truth in Equity has been an amazing instrument for me. I am a cautious person and researched HELOCs before signing on. Initially Laurena consultant at the time, met with me and gave me exact amounts regarding what to anticipate as far as pay off dates. I made a decision to register on. She assisted me compare and search rates for your HELOC. I've chosen not to pay off my home. Why? Because when I need a new car or want a brand new RV, I use the HELOC to finance the purchase and cover back myself. No finance charges and no massive interest charges. This has worked for me. I adore that HELOC and it's given me the capacity to do many things I wouldn't have been able to do.
Truth in Equity was there for us to help set up a HELOC. This was it. We could have called around to the banks and done the exact same thing. When the loan was set up, the only follow up we had was asking us to talk to potential future clients in hopes of encouraging them to sign up on. Our rep was seldom available and we have had little since we put our HELOC. (No contact in YEARS till I recently received an email to review them) In my opinion it was a waste of $3,000. If anybody were to ask me about doing this, I could tell them quickly and easily how the process works. It's info you can find for free on the internet. Not worth paying thousands of dollars.
The staff at Truth In Equity really care about your financial circumstance. They supply support by getting to know you and what your objectives are. I was skeptical of their equity optimization program at first, however they walked me through the process and helped me put it up along with my financial institution. With this system, we have been in a position to supply our financing for purchases and home improvements while paying down a big part of our mortgage. Truth In Equity has offered us a degree of financial flexibility and freedom that you'd be hard pressed to find elsewhere. I would highly suggest them.
No Follow Up/Not That the Ideal Time I Discovered truthinequity.Com when I'd just gotten our first house. We didn't put down 20% so we were unable to receive a HELOC yet. After we went through our finances, our adviser said I should find a Line of Credit. We went through Wells Fargo however, the interest rate was too high. I paid off a few loans quicker than intended but was not able to keep up with the new interest I needed to pay as well as expenses which arose. Finally, I asked to get a little break and have never heard again before this particular email, asking for an overview.
In my opinion, this program's cost isn't worth what you get. I guess for s subset of consumers, it's, but for users that are financially stable and just want to talk throughout the app and have some questions answered, you do not find much value. The sessions with advisers are solely about the client to setup, if you don't explicitly find them out and you won't have contact with your adviser. We were pleased with the correspondence and communication with our adviser. I'd rate his solutions 4 or 5 stars, but, overall, the worth to us as a family of the program was average.
Imagine paying the balance off on your house in only 3 decades. I really did just that using equity optimization. I had taken out a traditional 30-year mortgage and paid it hardly making a dent in the principal. However, after converting the equilibrium and following the methods of Truth in Equity, I made progress. It was a day once I checked my accounts and amount was not zero. Bill Westrom did a fantastic job and he made my grateful thanks. I highly suggest Truth in Equity to anybody who wants to live mortgage free.
Bill Westrom has been nothing short of amazing! Are we on track to pay off our mortgage in under twenty five years, but we have access to an increasing number of cash each and every month. I majored in finance and banking in school but never learned how to use credit cards and banks in this manner. Instead of paying approximately 35 percent of our income to the banks (in the form of interest payments), we are saving those funds and building prosperity. Thank You to Bill Westrom and Truth In Equity!
I could really talk for hours. I don't have any reservations. They aided changed our lives. My husband and I recently paid 100 thousand dollars. We started a website to talk about our journey called Family and FI. There's a post on the blog talking about our experiences with Truth in Equity if anyone is interested in a version of a critique. Unfortunately, Trustpilot doesn't let me include links. But you can visit Family and FI (. Com) and kind"Truth in Equity" in the search bar.
I didn't get really far into my mortgage payoff with Truth in Equity once I lost my job. The entire job became impossible for me as I had no income whatsoever to make it function. It was a rather expensive proposition for me with no advantage. Bottom line. This program functions (that is why it gets a 3 instead of a 1 because of my experience) providing you have the capacity to take action. It does not need to be a lot. . But it DOES need to be a bit. I had none.
I had an excellent experience with my rep (Amy). She was readily available when needed and set up phone meetings. She was a great help in communicating with banks to select the right one for me and explaining how the application works. I am working the program 5 years after. However we have had no communication since this very first year. Maybe that's normal, I really don't know. However, in my opinion, the cost of the program warrants regular follow up.
We Began Using Truth in Equity in August.Our house was paid by us off ! When Bill told me we can pay off our house in 6-8 months, I was amazed. I told him it would be 6 weeks. It ended up being 5. We did everything the same as we always had just used a HELOC instead of a mortgage. We did not cut back on any of our normal spend. That's what's amazing to me. This app really does work! Put your trust into the company and you won't be disappointed.
The staff was agreeable to deal with and helped us every step of the way. This program works as a charm if you stick to it and satisfy all requirements. The web site has tools that are great and once we got it set up we just followed the instructions. I was going to utilize their"do it yourself" program but decides on the full consulting that I could spend my time elsewhere. Thank you a lot for showing me how to do all of this stuff that is great.
I've had an amazing encounter with my advisor, Diana Ferreyra. Diana has gone over and beyond to ensure I'm understanding every aspect of the process. She has been on calls I've had with the lender, making sure the banker doesnt try to add any additional fees and services that aren't needed. Having Diana with me throughout the whole procedure has given me great peace of mind. I would strongly suggest Truth in Equity and Diana to anyone.
One of the Best Financial Decisions My Wife and I Left for our Future was working with Bill and his team.They were comprehensive in explaining there process to us and working with us to ensure we were operating on program. They helped us shave nearly 20 years away from our mortgage and save hundreds of thousands in interest. The process once explained is logical and makes sense if you aren't an economic expert. Highly recommend.
The ability of using the equity in your house has given me more independence and purchasing power to allow my cash (and equity) to continually be working for me. Your return on equity is zero unless used in a way that Truth in Equity has supplied. It has allowed me to have clarity and control of my finances in terms of what is coming in and what is going out. This further lets me have a fine tuned approach with my financial objectives.
I utilized the concept Truth in Equity teaches to cover off 3 homes in 5 1/2 years. I was in the position that in addition to using Truth in Equity concepts, I managed to include extra obligations. If it was not for learning what Truth in Equity teaches and overcoming the fear of doing something outside the box and moving forward, I would still have big commissions hanging over my mind
Truth in Equity made it possible for all of us to keep more of their money. We were able to spend cash to remodel our house and we retained more profit as a result of the program from your sale. When most of your income is applied to a principle, you pay much less interest. It's surprising how much you may save on interest payments. Why anybody would want a mortgage, I don't know!
In the very first meeting that the folks at Truth in Equity were transparent with the procedure, the benefits and made sure we understood what we were about to embark . The online portal is a nice single spot to garnish with Truth in Equity. Bill listened and answered all our questions and cleared our doubts and pushed or we never felt rushed to go with their services.
I'd researched home mortgage acceleration programs for a couple months before signing up with Truthinequity. I opted to sign with Truthinequity for specialist coaching and above the shoulder mentoring they provide. I'm good at what I do, however, no expert in financial plan planning - nor do I have the time. Truthinequity gives a strategy that's life changing value.
Truth in Equity is fantastic. They do not just get you started in their app, they take good care of you and review the information on a monthly basis to be sure you're getting the maximum from the system. Taking a 30 year mortgage and having it paid off in 8-9 years will save hundreds of thousands of dollars in interest. Well worth the small upfront investment!
Fantastic Program!Amy's monthly calls have been a fantastic instrument to help us achieve our goals. She does a great job helping us manage mortgage and showing us the way we are paying ourselves the interest instead of paying it. I would highly recommend Amy and Truth in Equity to anybody who'd like to pay their mortgage off earlier than.
It wasn't precisely what I was looking for. Precisely the information I paid for was available at no cost. This program is intended for people that want to get out of death opposed to somebody who's trying to increase their riches using debt financing. If I could do it again, I'd had avoided this program and done more research.
If you wish to pay off your home in the fewest years possible and cover the amount in interest that is the means to do it. But you ought to be financially disciplined, maintain a positive cash flow and withstand the temptation of unnecessary expenses. That is legitimate. This is what your bank does not want you to know about.
Zero follow-up Spoke with my"counselor" twice Wouldn't do it again The information is easy to get about what to do. They've no magic solution. I think an individual contemplating spending 3,200 should save Their money and also do a little research on how to repay a mortgage before It's there do a little bit of detective work
We're grateful every day we came to understand Truth in Equity. We'd suggest this to anybody, (and we have). For us, it had been the response for getting ahead, and living well. It works as promoted, and improved. We have been for this 5 years, and because of this, our plans for retirement have been in place and online.
Truth in Equity provides a program that optimizes the equity in your house and gives you additional advantages when you apply the program. Each the employees with the firm I have had any dealings with from the owner on down have been excellent to work with. A publication financial plan which I would definitely advocate.
We started with the program at least and we could not be happier. Being able to have the ability to pay our house off very fast and/or using our home as our private bank has made life so much simpler. I never feel strapped for money since we have begun the app. The staff we've worked with have been really helpful.
I inquired but there's a fee for this service even if you cannot do the plan due to the amount of debt owed, the fee still has to be compensated. Here I think the company charges too much. There is, A $400K loan 400K loan. Doesn't matter how you do the mathematics on paying this down, it is going to take a while.
This application will change your life. Follow the instructions given by this program and see that your debt dwindle off and your interest expense become a mere fraction of what it had been. Then, pass what you've learned on to your children. I had only one and one disappointment; not learning about the program.
My experience with TruthinEquity.Com has been excellent. The constraints that I have experienced has come out of my own hesitations and lack of planning. . The information that I have obtained is solid, the tools are easy to use and I am quite thankful for the opportunity to use the Truth in Equity team.
I learned about Equity Optimization by accident 15 years ago while I was in the mortgage industry and am surprised that this isn't on the news everyday! I have never found anyone I talked with that is knowledgeable or as passionate as Bill to aid individuals with this little understood route to financial freedom.
Could do a better job of following up to ensure I'm comfortable and know what I am doing. At this time I am still fuzzy on things like how to cover back into the HELOC. And if. And how and when and how much to pay back into credit card account. And to have somebody be sure I have everything setup right.
Bill Westrom provided me with a lot of valuable information. Then he made. It clear. What my choices were to proceed forward. I've been a Certified. Financial Planner. For 18 decades, so I do know numbers. I look. Ahead of paying off mortgage in a decade instead of 26 years. Mike Mazza CFP
This is truly one of the most amazing things I have ever been involved with. You don't realize you being held back by the banking system everyday just paying invoices never getting ahead, this can change everything. I don't need to write a big review. It might actually be two words. IT WORKS!
We tried to use this program back in 2010. Our situation wasn't a fantastic match after inspection. We were really happy that they gave us a complete refund and understood this. So appreciative of David Wells wanting to rectify this situation. He truly cares about his customers.
Once I paid 3000 for this I find out that nearly everything they advised me to do was stuff that I was doing. They need to recognize that spending $3000 for older information is not getting out of debt or saving money. IF I had the cash I would likely try to receive my cash back.
Basically just transports your debt to a home equity line. Sounds great at first but after your equity line has run up you are no farther. Using credit cards for all purchases as recommended makes it effortless to lose track of your spending. Expensive to buy and not worth it.
Worked out beautifully for us! Paid off the mortgage early because of the system (and also the capability to cover more). The system should work for everybody and is straightforward to implement. You can leave it on cruise control or actively manage the transfers yourself.
Sam at Truth In Equity helped me to know a different method of looking at my finances. It's really an eye opening concept that I implemented as I was able to wrap my mind around the amounts. I'm glad I have Sam in my side since my private consultant from here on out!
It was a life changing experience, and as fearful as my wife and I had been to jump in, I am sure glad we did! Bill and his team are extremely personable. Trust me, you'll adore the fact that this program/company was chosen by you within your first couple of weeks!
You never gave any guidance to us. We had a few discussions with our own mentor and traded into some heloc. But we got in debt. I finally went back into a mortgage. Our mentor left the organization and no one ever informed us. Total wast of money.
I saved thousands of dollars of mortgage interest following Truth in Equity recommendations. Truth In Equity additionally helped me reevaluate my finances which improved my long term financial planning. I Suggest Truth in Equity without hesitation.
Truth in Equity has actually changed the way we think about financing things. Their approach is simple, logical, and oh, so powerful. Their system gives us flexibility and finally saves us a ton of interest cost. I urge Truth in Equity!
Fantastic Encounter with Bill.Very knowledgeable and I feel this system is your very best. A lot of people don't understand how to use their banking and optimize their income to the fullest. Truth in Equity will teach you how to.
TruthInEquity® is the national leader in educating and empowering consumers in financial practices related to Debt Management & Wealth Accumulation. If you desire to replace your mortgage we can help. In many cases you do not need to replace your mortgage.
Contact:436 Leafy Way Ave