Full disclosure, this is an ad for your business but only because I think it would be possibly helpful for some folks in these crazy times. The events of late have got me thinking how fortunate I feel that the wife and I are to have an All In One loan on our house. Basically, if the worst happens, we have access to plenty of cash because of the equity in our home. I know that rate-chasing will always be part of the equation for anyone with a mortgage, but I figured for some folks that having access to cash when you need it might be more important at times. This could be one of those times for some people. The added plus is that this sort of loan lets you spend less ACTUAL MONEY on your home in normal times. We are paying off our house in record time with this product. My wife is a loan officer for one of the few companies that offer this deal and like I said we use it ourselves. I've posted about this loan a couple times before buried in the various mortgage threads but I figured now might be a time when this product is of use for some of you. It is basically a big line of credit with your house as the guarantee. You can borrow up to 80% of the value of your home. What this means is that any equity you have in your home beyond that 20% buffer is available to you any time you need it. Example: You owe 300k on a house appraised at 500k. The loan is good for 80% of the appraised value, which is 400k. That means you have access to 100k to spend as you like. Yes, it is sort of like a HELOC, but it is more flexible and it is a first lien position. In normal times when you're getting a steady paycheck, you deposit that money directly into the account. You don't have to do this but that is what we do to take advantage of this loan product. When you make that deposit, it is fully applied to the principle loan balance. What this does is drive down your monthly interest payment. When you pay a bill, you pay it out of the account, which makes the interest payment go up. The idea is that when you are making more money than you spend every month, you are paying off the house way faster than you would making a normal monthly payment. But you also have the added feature of being able to access that equity by simply writing a check. This is how we built our swimming pool in the fall BTW. In any event I figured I'd throw it out there as something to consider in these crazy times. Her company is still writing these loans...for now. Not sure how long something like this will be available going forward if things get even crazier, which is highly likely IMO. Check it out at https://www.aioloan.com There is a simulator on there where you can plug in your numbers and it will show you what the effective rate of a conventional mortgage would have to be in order to pay off your house for an equal amount of money. Sound off if you have any questions. We'd be happy to help out if anyone is interested.