Asset Protection Society

Home The Home Equity Acceleration Plan
 
 
HEAP is simple to set up and easy to use.

  • A Home Equity Line of Credit is established
  • Normal Cycle Paychecks are direct deposited into the HELOC
  • A pre-determined amount is drawn from the HELOC and applied to the principal balance of your first mortgage.
  • Deposits are immediately available for use
  • Normal monthly bills and expenses are paid from the HELOC
  • The unsused portion of your income reduces the balance of the HELOC
  • The reduced balance results in reduced interest charges
  • As soon as the HELOC balance is $0.00 the cycle can start over.