About the Bank Equity Program

----- quick aid summary -----

bank equity program

use the equity in your home to become a bank

to pay for:

tuition,
room and board,
books and supplies,
transportation,
and anything you need at college,

by simply changing the ways you manage your money.

You will use the BLOC as your personal money account

to finance college and manage all income and expenses. You will deposit into the account:

·  all income payments
·  all bonuses
·  all capital gains not reinvested
·  all cash payments
·  all other income

Likewise, you will use your BLOC to pay:

·  your mortgage payment
·  your insurance
·  your credit card payments
·  your living expenses
·  all other expenses

The BLOC will Maximize Your Money Position

Your BLOC will take your discretionary income (total income minus expenses) and use the proceeds to finance college, pay down your mortgage, help finance key projects, and pay for other needed events at minimum interest cost.

You will never make a payment to your BLOC since your income deposits will be your payment. And since HELOCs are based on simply interest, these deposits will force adjustments to your equity line balance ensuring you minimal interest charges.

View the illustration below:

1st: Use the equity in your home to pay for college

Use your equity line to pay for college expenses minus the financial aid awarded:

pay tuition
pay room and board
pay for supplies
pay for misc. needs

2nd: Deposit all of your income into your banker home equity line of credit account

You will take all of your income sources and deposit them into your equity line account instead of your checking account. Deposit:

salary income
capital gains
savings
spare change

3rd: Now use your banker home equity account to pay family expenses

Use your banker home equity account to pay for everyday budgeted and planned expenses such as:

monthly bills
food and clothing
mortgage payment
budgeted card charges
budgeted debt charges
other living expenses

use it like you would
use your regular
checking account
to pay for everyday
living expenses

Benefit: Your discretionary income payoffs your college debt balance FAST!

Your discretionary income (the income amount minus your expenses) remains into your banker home equity line account to lower the 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 debt payoff, a new car, home improvement, and other.

Need More Information?

First Step:
download this "characteristics sheet" on what's need to run this program:
download sheet
Second Step:
link to our bank equity module at our companion site (www.SayStudent.com) to view this quick 10-point slide show that demonstrates how the Banker Line of Credit can work:
go to slide show
Third Step:
use this 10-step success plan for implementing and managing your BLOC:
view 10-step success plan
Fourth Step:
see how the BLOC can be used to pay off your mortgage:
view mortgage payoff plan

Loan Amounts:	subject to the LTV value of your home
Payments Begin:	no payments need - simply make income deposits
Interest Rates:	variable and subject to your LTV position
No Restrictions:	can use funds for any college or other expense