The Mortgage Files

Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.

Unconventional way to pay off your home faster

Here’s An Unconventional Way To Pay Off Your Home Faster Without Changing Terms

By Scott Sheldon / September 14, 2015

Most strategies to pay off your home involve making radical principal prepayments or moving to a shorter-term debt structure. Here is a way to refinance your home using your lender’s money. Quick Finance Lesson: Lenders generate more revenue on higher interest rate loans. The catch is, the additional revenue is not kept by the lender,…

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