Usage Matrix

The HOA is the most flexible loan product available today. It supports a variety of financial plans:

Faster loan payoff to be mortgage-free before retirement	Your cash flow reduces your home loan balance, minimizing interest paid. This frees up funds for paydown. You can also aggressively pay down with surplus funds, knowing you can get it back if you need it.
Low-cost source of funds for financial investments	As a investor, you can borrow against your home equity for rates as low as LIBOR + .75%. This rate is close to what banks charge each other! You don't need to repay principal for 10 years, so it performs like an interest-only loan which maintains full deductibility, only it's fully liquid in the event you need it.
Faster equity build-up for "harvesting"	For people who plan to tap their home equity for renovations, real estate purchases or other financial projects, the Accelerator offers unparalleled ability to quickly build the needed equity, and to quickly pay it back
Improved effective return on your cash	Any deposit you make into the Accelerator saves you interest at your loan rate. This often beats the rate on traditional sweep accounts, and offers the same financial flexibility. Money between investments or business projects can't find a better home.
No effort required.	Simply point your direct deposit to your Accelerator loan and live your life as before. You make all of your checks, ATM/Visa, transfers and bill-pay out of the integrated checking account - - just like with your old bank. If your employer doesn't offer direct deposit, no worries - -simply set up a regular electronic transfer into the Accelerator from your regular bank account. Interest on the loan is paid automatically each month out of your available line of credit*, so you always make the interest payment on time!

*Note: you will need to remit interest paid if your available line of credit is insufficient.