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About
EquityCorp.
EquityCorp. began in 1985 and
since that time has opened the doors to financial freedom for thousands
across the United States. It has set the industry standards for
all to follow and continues to be the innovator in the mortgage
reduction business.
 The
Mortgage Payoff
Acceleration Program (MPAP)
is a simple, proven method that allows homeowners to save thousands
of dollars in interest payments on their mortgages, reduce the mortgage
term by almost a third, and build home equity three times as fast,
all without very expensive refinancing. This is accomplished by
tailoring a homeowner's payment method to the way most Americans
get paid: every two weeks. Instead of paying monthly, half a mortgage
payment is debited every two weeks. That is the equivalent of making
13 monthly mortgage payments. The results are amazing! On a typical
30-year, $100,000 mortgage, with an interest rate of 8.5%, a homeowner
would save over $50,000 in interest payments.
After
a homeowner enrolls in MPAP, EquityCorp. automatically transfers
half a mortgage payment every two weeks from the homeowner's primary
checking or savings account into the MPAP trust account, administered
by First National Bank of Florida. Each month, a check is forwarded
to the homeowner's lender from the MPAP account. Money can only
be taken from this account to make a mortgage payment. No third
party ever has control or touches the money. And, it is fully FDIC
insured up to $100,000.
John
F. Kane, President & COO
Mr. John F. Kane is President and Chief Operating Officer of Whitney Information Network. Mr. Kane has been with the company since the business was founded in 1987, and he has been instrumental in developing the Company's technology-based educational media. Mr. Kane is the original founder of MRS EquityCorp & the MPAP system, since it's creation in 1985. MRS EquityCorp became a subsidiary of Whitney Information Network in July of 2003.
Janet Charles, Operations Manager
Janet is the Operations Manager and charged with overseeing day-to-day operations of MRS EquityCorp. She supervises all client and mortgage servicer relations. A processing professional, she is an integral part of MRS EquityCorp.
Please
send comments and questions to administration@equitycorp.com.
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