QUICK Financing Guide
use the equity in your home to become a BANK to pay for
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:
Use your equity line to pay off your current debts:
You will take all of your scheduled income sources and deposit them into your equity line account instead of your checking account. Deposit:
Use your banker home equity account to pay for everyday budgeted and planned expenses such as:
use it like you would use your regular checking account to pay for everyday living expenses
Benefit: Your discretionary income pay offs your debt consolidation costs FAST!
Your discretionary income (the income amount minus your expenses) remains into your banker home equity line account to lower your home equity 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, a new car, college and other.