Mortgage elimination facts: A Quick Summary Of How a Mortgage Loan Works.
1) You want a loan for your home.
2) The bank advertises that they loan money.
3) You "apply" for a "loan."
4) They put you through the ringer getting you approved for the loan.
5) The bank cannot loan you their own assets, other depositors funds or their own credit.
6) They have you sign a promissory note.

Mortgage elimination facts: The next 4 steps the Bank does not want you to know...
7) Your "signed" promissory note can be sold for money, it's an asset.
8) The bank deposits the asset into an account for approximately the amount of the note.
9) The bank cuts you a check from the deposit you never knew about (or transfers the         money to those who should be receiving it).
10) You think you owe money back on a loan, when in fact, all that was made was an exchange.  You gave them the money, and in return they gave you the deed.

Mortgage elimination facts: Interesting Banking Facts....that are used for the mortgage elimination process
1) Money is created today by "lending," so all money today is born as "debt money."
2) The person who wants a loan must provide the bank something that he or she doesn't know is valuable, called a "signed" promissory note.
3) The "signed" promissory note is a bank asset that is "expanded" to create as much as nine times its value.
4) This "expanded" bank asset is what provides the bank with the value to be able to pay off the former owner, "lend" you the purchase price, and finally, earn interest by making loans to others, tax free.
5) All the while, making you, and millions of others, believe that a debt exits.

Let's Review The Brillance Of This Scheme that has been discovered and exposed for the purpose of Mortgage Elimination and other debt elimiation.

If you think about it, the bankers' scheme is really quite brilliant.

What other business in the whole world allows you to create money based on the value that someone else gives you, then charge that person again over and over again... plus interest?

So the real question becomes...
"If the promissory note is an asset, what funded the bank's ownership of the note?"

Answer: They still don't really own it.... they made an exchange.

Mortgage elimination facts: Your promissory note (asset to the bank) was exchanged for approximately the amount of the loan. You gave the bank an asset worth $100,000 and the bank returned $100,000 to you.

Mortgage elimination facts: Where was the loan?   There wasn't one.    But you really do have to admit, it's brilliant.

Listen, we're not the first people to "discover" this was going on. But we have figured out some things that no one else has and have turned it into a mortgage elimination function that works, legally.

As an honest, ethical person who believes that all loans should be repaid, do you agree that the bank should repay your loan to them? After all, they deposited your promissory note. Your promissory note is an asset that they exchanged for a check.

Where's the loan?

Mortgage elimination facts:  Factually, there isn't one. And, since all lenders should be repaid, shouldn't the bank repay your loan to them? If so, you wouldn't have the "debt" and would live better.

Quickly, when you deposit money in your checking account, does the bank now owe you that money when you want it?

Yes.

The bank has a new asset, the $100 you deposited into your checking account. The bank also has a new matching liability that says the bank owes you $100.

Assets = Liabilities.

The bookkeeping entries are nearly identical for a deposit into your checking account and for a new loan. By lending, the banks now have more assets and liabilities.

Mortgage elimination facts:  If you were to lend me $500, your "pool of money" would be smaller. When a bank "loans" money, their "pool of money" increases.   Consequently, there is a fraud going on here, and the basis of the mortgage elimination process is exposing this fraud in the clear light of day.