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smart home equity user tips and guides

QUICK Financing Guide




Another Way to Use Your Equity

how best to finance auto purchases

use the equity in your home to become a BANK
to pay for

  • new our used auto purchase,
  • auto insurance for the year,
  • auto warranty protection,
  • and even auto extras

    by simply changing the ways you manage your money.

Instead of using your checking account to receive and pay out funds, you will use your home equity line of credit account for all income deposits and expense pay outs.

View the illustrations below:

1st: Use the equity in your home to finance your auto purchase

Use your equity line to finance your auto or truck purchase:

  • buy a new or used vehicle
  • buy a vehicle for your kid
  • pay for your annual insurance
  • buy other auto needs
2nd: Deposit all of your scheduled income sources into your banker home equity line of credit account

You will take all of your scheduled income sources and deposit them into your equity line account instead of your checking account. Deposit:

  • salary income
  • capital gains
  • savings
  • spare change
3rd: Now use your banker home equity account to pay family expenses

Use your banker home equity account to pay for everyday budgeted and planned expenses such as:

  • monthly bills
  • food and clothing
  • mortgage payment
  • budgeted card charges
  • budgeted debt charges
  • other living expenses


use it like you would
use your regular
checking account
to pay for everyday
living expenses

Benefit: Your discretionary income pay downs your auto financing costs FAST!

Your discretionary income (the income amount minus your expenses) remains into your banker home equity line account to lower your auto financing debt balance.

Over time, you will be able to pay off your financing debts in half the time by budgeting and managing your banker home equity line.

You can also use your banker account to finance other needs such personal debt, home improvement, college and other.

Need More Information?
  • First Step:
    link to our "home banker" module to view this quick 10-point slide show that demonstrates how the Banker Line of Credit works:

    go to slide show



  • Second Step:
    use this 10-step success plan for implementing and managing your BLOC:

    view 10-step success plan


  • Third Step:
    see how the BLOC can be used to pay off your mortgage:

    view mortgage payoff plan
home improvement
financing checklist