“It’s because the different parts of the system of money that we are in don’t talk to each other. There’s no communication. Your debt is living in a different zip code than your checking account deposits every day. It’s because of that system design that people don’t feel like they have any money. They don’t feel like they are getting ahead anymore.”
Stahl said that taking out a 30-year, first-lien HELOC allows the borrower to tap into the stored home equity, which allows them to not feel like they’re living from check to check.
“What a first-position HELOC allows you to do is change that system of money and allow your home’s stored wealth to power the next 30 years,” Stahl said. “Now your income can talk to your debt at the same time. You’re allowing the natural rhythm of your life, which is paychecks coming in, and you’re spending on whatever. The new system runs that process every day way more efficiently.”
He said what was eye-opening, not just for him but for his customers, was seeing someone making good money but not getting ahead.
“When I just started running it by people that I know in my life, who have good incomes, they’re going to work, they’re raising families, they respect money, they make good money decisions,” he said. “They’re not blowing their money in Vegas every weekend. The results were insane. In most of my simulations, the average time to zero out their entire mortgage debt would be around six years instead of 30.”
