Three reasons to pay off the mortgage.

Reason #1--It Provides Peace of Mind: Peace of mind is worth a lot, and those who know that they would feel a lot better about their futures if they didn't have a monthly mortgage payment.

Reason #2--It Reduces Costs of Living. To obtain financial independence very early in life, we must reduce our cost of living and by paying off the mortgage, we achieve it.

Reason #3--It Diminishes the Fear of Job Loss. Job loss is the biggest fear that torments many families. But once mortgage is paid off then there is less worry in case of a job loss.

Privocorp is a mortgage processing company and we do not originate loans. Origination of loans is done by our clients and other loan officers.