program info

From the list below choose one of our FAQs topics, then select an FAQ to read. If you have a question which is not in this section, please contact us.

Just what is the Financial Equalization© Program?
How much more do I have to pay every month to receive them?
Can you give me an actual example of the advantages of Financial Equalization© and how they might be applied?
Sounds like magic
Isn’t this just a traditional refinancing program dressed up in a new suit?
With these huge advantages, I imagine you’re always looking for new clients?
Could I lose my house if I become a part of this program?
Suppose we decide to sell our home in a few years?
Exactly what are my risks in going through with this program?
Why do you include our other debts with our mortgage?
What’s the catch?
This Plan would appear to give me more control over my finances.
I like this, but what makes it happen?
Where do we go from here?

Your mortgage payment is probably the biggest payment you make each month. No matter how well you budget your finances, a large portion of your disposable after tax income goes directly to pay your mortgage. Now there’s a risk free way to pay less to the banks and pay off your mortgage faster. The unique *Financial Equalization© Plan.

Just what is the Financial Equalization© Program?
While the plan is not a loan program per se, it does utilize your mortgage as a strategic tool to accomplish several or all of the following plan features:

• Pay off all of your debts (these can include credit cards, personal loans, car loans, etc.) 
• Increase your monthly cash flow (generally by $200—$500 per month)
• Provide a lump sum of cash for you to use as you and your family see fit.

• Save you tens of thousands of dollars by paying your mortgage off in up to one-half its remaining amortization or less. Because of this program feature, you can build equity and net worth much faster.
  Back to top

How much more do I have to pay every month to receive them?
All of this can be accomplished with the same—or lower—payments than you’re now making to carry your existing, traditional mortgage. Even the usual up-front, out-of-pocket expenses (with the possible exception of the property appraisal fee of $200—$250 which will be reimbursed to you in full at the time of closing) are included as a fee in the loan closing costs … and so are the legal costs, mortgage broker fees, and the fee for establishing the Financial Equalization© Program on your behalf.
Back to top

Can you give me an actual example of the advantages of Financial Equalization© and how they might be applied?
Let’s look at a situation where the “before” monthly payment obligation of Sharon and Bert (not their real names) was $1648. We use this as a typical example in some of our brochures. This monthly payment load consisted of a monthly mortgage payment of $805. Additional car and credit card payments added another $843 that had to be paid every month.

The total interest being paid on all debts before the Financial Equalization© Plan was utilized, amounted to $122,607 with 23.5 years left to pay on the mortgage.

Following Sharon and Bert’s approval and acceptance into the Plan (not all applicants are accepted), the total monthly payment dropped from $1648 to $1148. The car and credit card obligations were eliminated in total. And the interest owing on all debts dropped from $122,607 to $78,094.

On top of these significant savings of $44,515 Sharon and Bert not only had their credit card debts returned to zero, and their car was now all paid for, they received a lump sum payment of $10,000 and a cash flow increase of $500 every month.

The time left to pay on their mortgage dropped from 23.5 years to only 16.5. With everything considered, the total cash advantages totaled $142,174.
Back to top

Sounds like magic
Just about everyone who studies this program feels this way. Actually no magic is involved, but a great deal of intelligent money-management and soundly applied financial principles are brought together in such a unique way, that the entire plan has been copyrighted under the laws of Canada.

The Plan has been designed to take advantage of the “weak links” in the mortgage amortization schedule and to convert them into your favour. The result is that time becomes your ally, rather than the banks.
Back to top

Isn’t this just a traditional refinancing program dressed up in a new suit?
Not at all. The Program is understandably based not only on refinancing your mortgage, but consolidation of as much of your indebtedness as possible to remove or reduce your consumer debt such as car, student loans, credit cards, etc.

With the conventional consolidation, this is where the advantages stop! However, by staying with the objectives of the Financial Equalization© Plan, you can accelerate the pay-off of the mortgage principal balance and save tens of thousands of dollars. Again, without any out-of-pocket expenses to you.
Back to top

With these huge advantages, I imagine you’re always looking for new clients?
The Financial Equalization© Plan is a niche product and not every applicant meets the program requirements. It works well with applicants with the following qualifications:

• Have an existing mortgage with 9 years or more remaining)
• Have 25% or more equity in their home
• Have a good credit rating
• Have other consumer debts such as credit cards, car loans, student loans, lines of credit, etc.
• Currently employed (including self-employment)

However, under certain circumstances it is possible to qualify for the program and to receive many or all of its dollar-saving benefits even if you fall short of the programs basic requirements.

Anyone who now has an existing mortgage and who is interested in the program should at least go through the qualification process.
Back to top

Could I lose my house if I become a part of this program?
Absolutely not! Each case is handled by a licensed mortgage broker and reviewed and closed by a real estate lawyer.
Back to top

Suppose we decide to sell our home in a few years?
This is NOT a problem… in fact, if you want to sell your home in a few years you will have built up worthwhile equity with our program, possibly as much as 3 times more over the same time period, as compared to the little equity associated with conventional financing.
Back to top

Exactly what are my risks in going through with this program?
The Financial Equalization© Program is risk free! We use only Chartered Banks, Trust Companies or Credit Unions to obtain your mortgage with terms dictated by Financial Equalization© to the lender.
Back to top

Why do you include our other debts with our mortgage?
Keep in mind that when you add all of your debts together, they only total what you actually owe! Too many payments result in payment inefficiency. By including them it allows us to provide you with an increase in spendable cash flow while decreasing your mortgage balance in a rapid manner—as well as reducing the number of years it takes you to pay off your mortgage.
Back to top

The Financial Equalization© Plan certainly sounds good.
Perhaps too good! What’s the catch?
The answer to that question is really quite easy. YOU ARE! If you follow the program that has been custom designed for you, your circumstances and your plans for the future, it will work out just as it has been designed to do. If you don’t, it won’t! This is because the Financial Equalization© Plan takes away interest that you are already obligated to pay to your lender, and it re-directs this interest into payments against your outstanding mortgage principal.
Back to top

This Plan would appear to give me more control over my finances.
I like this, but what makes it happen?
One of the most unique things our plan does, is to dramatically reduce the amount of your mortgage principal year after year! Your personalized portfolio will hold many advantages—and pleasant surprises—for you, once you have passed all qualification stages.
Back to top

Where do we go from here?
First, one of our authorized consultants will gather all information needed for the 1st stage qualification for the program. Upon acceptance, your consultant will walk you through your personalized summary that has been prepared from information provided and you will see the many advantages that you will have qualified for up to this point.

If you like what you see, we can begin the second stage qualification. This means that we must get a major Canadian Bank, Trust Company or Credit Union to commit to the required amount of new funding required.

Because you and your family are a client , we will set-out the absolute terms and conditions required to protect your interests.

New financing terms are necessary as a precise financial set-up is required in order to initiate the Financial Equalization© Program on your behalf.

We will handle all of the financial and other arrangements for you. Your Financial Equalization© Consultant will work with you and will guide you through the steps necessary to implement the program for you to enjoy its benefits within a few days.

Financial Equalization© has saved more than 10,000 Canadian Families over 80 million dollars in mortgage interest costs since its inception in 1987.

We look forward to welcoming your family to the Financial Equalization© Family.