It's insane to lose this much money from your bank account … and not even know it is gone.

Government Studies Show
45% Of Home Owners Have Been Overcharged More Than $1,500 By Their Lender.
(13% of homeowners are due a refund of over $10,000)

Discover How To Get Your Money Back From The Banks - 100% Risk FREE.

If you are like most people, your lender may have already overcharged you many times this year without you even knowing it!

I don't know about you, but I work hard to pay off my home loan as quickly as possible. Then to have the bank make mistakes and incorrectly take money from my account is not only unfair, but insulting.  

I never considered it necessary to check the calculations on my bank statement. I didn't think there would be a need. I couldn't have been more wrong. Every day people are receiving bank statements in the mail for their home loans, saving accounts, personal loans, overdrafts and business loans that they assume are correct, but they are totally mistaken.

Do you actually believe your bank or non-bank lender would never make a mistake on your account?

“We dug deeper and deeper and found that this system of
overcharging is virtually universal .....

It runs across the entire mortgage lending industry” 

 Former New York State Attorney General - Robert Abrams

I can't believe how totally naive I had been, just accepting that the banks and other lenders never actually made a mistake and my statements were 100% accurate.

Now surely these mistakes are just tiny errors involving a few cents here and there? Well guess again. 

According to the Federal Deposit Insurance Corporation (the US government agency that insures or guarantees your bank deposits) home loan errors are costing average Americans $8 billion to $10 billion dollars each and every year.

(Please do not be fooled into believing this problem is limited to the United States, this problem is costing average home owners all around the world massive amounts of money every day, we will give you some examples below).

Yes you read that correctly it's ten billion dollars with a "B". I get lost working out exactly how many zeros to use on a number that huge $10,000,000,000. Wow! I find it amazing that the people who are supposed to be helping us purchase one of our most valuable assets, our family home, are getting it so incredibly wrong.

A danger with numbers this big is is that they seem totally "unreal" or irrelevant and you can start to think "ten billion dollars is a whole heap of money and my home loan is quite small compared to that. This problem can't possibly affect me in any real way". Many people just write it off as "someone else's problem".

WARNING: This is not someone else's problem.....

"If you have a mortgage, there is a 50/50 chance that by fraud
or incompetence your bank is overcharging you” 

New York State Attorney General - Robert Abrams

Annual overcharges: $8,000,000,000

Home owners with a home loan: 39,000,000
Average annual error per home loan: $205

This tells me that on average over the last 5 years the average home loan has been overcharged $1,025.00  Ouch!

Over the life of a 30 year home loan compounding at 5% p.a. each and every day that comes to a whopping $13,620.

Staggering isn’t it? When I discovered the rate at which banks made mistakes I was stunned but assumed it must have just been a few dollars here and there; $205 dollars per home loan per year is incredible.

Further government studies into home loan overcharges have shown that ....

• 45% of homeowners are due a refund in excess of $1,500

• 21% of refunds due range from $3,500 up to more than $10,000

• 13% of homeowners are due a refund of over $10,000

• 70% of existing escrow accounts violate federal law by holding excessive balances

Amazing isn't it, according to this government study 45% of people reading this page right now (I assume if you are still reading this page you must have a home loan) are owed $1,500.

Just over 1 in 10  people reading this page are owed over $10,000.

Seven out of ten people have paid too much into their escrow accounts, now would you rather than money in an escrow account your in YOUR account?

It Will Be Amazing If You Are NOT
Owed Money On Your Home Loan.

Don't get angry. Get even ..... get back what they owe you.

There is something you can do about this, you don't have to be a helpless victim of the banking system any longer. There is a simple easy way to keep the banks honest and more importantly get your money back.

You now have a simple and powerful tool to check you bank statements quickly, easily and most importantly 100% accurately - it's Mortgage Watchdog Pro.

Average homeowners around the world are getting their money back from the banks every day. There are thousands of real life examples of people who have been over charged and then repaid anything from $400 to $100,000.

"It's a good time to pull out your original loan documents
and double-check the lenders adjustments.....
You might be surprised at the results."

Robert Chamness - an official with the American Bar Association and partner in the San Francisco law firm McKenna, Conner & Cuneo as reported in the Los Angeles Times

The bad news is that knowledge is a dangerous thing. Knowing what you now know, you have to some extent cornered yourself into making an important decision about your money.

You will decide one way or another how you are going to deal with it. Before leaving this page you will select one of the following alternatives...even if you think you haven't decided. 

Option 1:	The first alternative is to either "think about it" or continue doing nothing and have the banks continue to take advantage of you. I suppose this is the ostrich approach, stick your head in the sand and hope it goes away. As you can see from the dollars involved this is potentially a very expensive option and could literally be costing you thousands of hard earned dollars.
Option 2:	Pay a bank statement checking company to check for you. The interesting thing to note about these companies existence is that obviously bank errors occur often enough for these guys to make a pretty healthy full time income (keep that in mind if you are leaning toward Option 1). The down side is that they charge a minimum of $200 to check for you and frequently a 20% "success fee" on the lender’s refund. So the costs you are looking at are $200 plus  $1,500 x 20% = $300 (20% of the refund due to 45% of people)  Total Minimum Cost = $500.
Option 3:	Ask the the very people who got it wrong in the first place - your lender - to check your statements for you. Generally they charge $200/hour to do this for you. Ask yourself this question, "why would I trust them to get it right this time if they couldn't before?" Isn't this a bit like putting the fox in charge of the hen house?
Option 4:	Use a dedicated piece of software using the internationally accepted formula to calculate your interest bill to check on the banks for you ....less than a 1/5th of the banks' hourly rate.

It is a bit of a "no brainer" isn't it? The Mortgage Watchdog software is by far
the most cost-effective solution available. 

 

To do nothing is either naive or nuts, as is paying the bank to check your statements for you. Paying a firm to do it for you isn't a bad option but if you are one of the 13% of people who are owed over $10,000 this will cost you over $2,000 in fees.

 

Why not use the same kind of software these firms use for a tiny fraction of the cost? 

To order your copy of the Mortgage Watchdog Pro for only 39$ click here NOW. 

Simple and easy to use.

The software was made for non-computer users so it is very easy to use. You just type in the start and ending dates of your statements, the interest rate (or several interest rates if the rate changes during the month) and the changes in the balance of the account and the software does the rest.

The software can check all sorts of accounts for you, off-set accounts, lines of credit, variable home loans, any type of account no matter what fancy name your lender gives it. We are yet to find an account we cannot check. Click here for a list of accounts the Mortgage Watchdog software can check.

“A mistake at the beginning could prove pretty expensive over the long term”
Paul Clitheroe - Host of the Money show and chief commentator for Money magazine

One of the most powerful features of the software is the Mistake Compounder. It is great to find a $300 error on your statement from 10 years ago and even better to get the money back. What most people don't realise however is that it is probably less than half the money you are actually entitled to. In addition to the money taken from your account interest has also been charged on this money - compounding every single day for the last ten years. With the Error Compounder you can now chase every cent you are entitled to.

 

Now I am sure you are probably thinking, "can't I do the same with a spreadsheet?" Yes, some people may be able to but firstly you must be sure you are using the right formula and secondly you will need to know how to do some pretty complicated programming to make sure it's accurate. So even if you could do it, why waste the time and effort when we have gone to all the trouble for you?

No other program we have tested can make this claim.

There are a few other pieces of software on the market that "claim" to be accurate, we know about them because we have checked them all out. We checked them because wanted to make sure that you have the very best tool available to get your money back from the banks.

Everyone knows that "you get what you pay for". Why would you risk what is potentially thousands of dollars of your own money on some piece of "free ware" that you got off the front of some magazine? Exactly, it just isn't worth the risk (and embarrassment) of it getting it wrong.