A Life Changer Loan is a special type of home loan that merges home finance with personal banking in a convenient, integrated package.In a traditional mortgage, you pay toward your loan in monthly payments from your checking account. In a Life Changer Loan, your mortgage is your checking account — and any deposits automatically lower your principal balance. You always have 24/7 access to any money for your regular daily expenses, much like a traditional banking account — but the cash you don’t spend goes directly toward your loan.In addition, you also have flexible access to your equity dollars for 30 years without refinancing — even if you’ve paid off your loan early.
