Doug Anderson shows how to have your mortgage buy you dinner

Doug Anderson, Founder of Your Leverage Rewards shows how to get your mortgage to buy you free stuff, over and over again.

With interest rates at record lows, you may be looking at securing a line of credit. Or perhaps you’re looking at getting the best rate by accessing the equity in your home through a mortgage. Saving a mere 1% on a $200,000 mortgage means saving $2,000 per year.

I am always surprised how many people aren’t aware that they can get better mortgage rates using a mortgage broker. Going right to the bank gets you a “retail rate” but going through a mortgage broker gets you a “discount rate”.  Ok, so now you’re getting the best rate possible, next step.

If you’re getting a mortgage anyway you might as well collect rewards while doing so.

If you can get a 5% mortgage from CIBC with no points, or a 5% mortgage from CIBC with a truckload of points, which would you choose? Exactly. The choice is clear, collect the points and get free stuff.

Here’s where you can find someone who can give you points on getting your mortgage.

Now… once you’ve collected points on getting your mortgage, you can do one of two things with it:

1. Spend it. (Shame on you! Read my book to learn your options). However, if you do choose this route, you can easily collect more points on your purchase.
2. Invest it (Then spend the earnings). I am pleased to say… you can also collect points here too.

So, the super-leveraged chain of events becomes… drumroll please…

1. Collect points getting the mortgage
2. Collect points investing the capital
3. Collect points spending the earnings from the investment….

What could be better? You’ll have points coming out of your ears, You’ll likely never have to pay for another flight, TV, or dinner at “The Keg” again.

And that is how you can start to get you mortgage to pay you.  Stay tuned for more tips, there is so much more you can do to make your dollar go farther in these tough economic times.

- Doug Anderson

Founder, http://www.YourLeverageRewards.com