Inverse Mortgage
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Not a recognized type of residential mortgage and not to be confused with “reverse mortgage”.
An inverse mortgage a trademark name for a mult-level marketing strategy that tries to combine the benefits of bi-weekly mortgage payments and referral marketing. The following is from a (Brixdale) company press release:
Social tagging: reverse mortgage termsBetter than a bi-weekly plan, an “inverse mortgage” is a trademarked name for Brixdale’s electronic mortgage payment program. It offers the benefits of applying extra principal only payments against your mortgage loan. In addition Brixdale’s outstanding home business & tax savings program will help you jump start your mortgage acceleration. These opportunities will show you how to save 16+ years on your mortgage - pay it off in MONTHS not YEARS!!
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