We recently asked Home Ownership Accelerator customers what they thought of their loan. Here is what the respondents said:

“I like the concept of having my money work for me as it sits waiting to be spent,” Todd C.—Fullerton, CA

“I like that it reduces my principal, and thus reduces my overall interest paid,” Alison D.—Seattle, WA

“Excellent product,” Brian P.—Citrus Heights, CA

“The online bill paying, status check of accounts and ease of program is great,” Gina P.—Tacoma, WA

“I love the fact that I can deposit everything into one account and know that every unspent dollar is going towards minimizing my monthly interest payment now, even if I need the dollar at a later date. I love the flexibility for getting the money out such as using the time/direct withdraw card, check book, and online transfer,” Michael B.—Waterloo, IA

“I love the fact that my balance decreases significantly… I cannot believe how just being a little more aware of leaving my money in the account the longest possible time will make me free of mortgage debt soon,” Janet R.—Jacksonville, FL

“Our debt reduction has been good and it is a confidence builder that we have access to our equity when needed,” Fred F. JR—Auburn, WA

“I like the bill paying and ability to pay just before due dates. I also like the ease of use with the debit card,” Dan H.—Payallup, WA

“I like the ability to use my account as a home equity line of credit. I also like the ability to reduce my mortgage much more quickly,” Mark T.—Camarillo, CA

“I love to see my mortgage balance go down at such a quick pace. It makes you not want to spend extra money, but I also enjoy the security of knowing that if an emergency arose that there is cash available in our account to use without having to get a loan or use a credit card,” Kathryn L.—Grand Rapids, MI

“I love being able to manage my own money… to make it work for me. I’ve been waiting for something new and this is it!!” Jill E.—Cardiff by the Sea, CA

“Not having to make monthly payments and having all direct deposits from work go toward reducing the principle.” Rebecca W.—Shoreline, WA

“Flexibility, flexibility, flexibility! Need I say more?” Fredrick H.—Puyallup, WA

“The reduction of principal as well as the availability of funds. No worry about checks clearing prior to making it to the bank. Using the money for my benefit instead of the bank using it for theirs,” Jennifer B.—Federal Way, WA

“I like the feeling of interaction with my mortgage. I feel like my money is working for me and my family in a way that other mortgages don’t. I also like the idea of having all of my banking needs available in one place,” Kelly K.—Crockett, CA