FrugalMe.com^®

Frugal, adj. [Latin frugalis virtuous, thrifty, from frux value; akin to frui enjoy]. Practicing or marked by the careful management of anything of value, which both expends nothing unnecessarily, and applies what is used to a profitable purpose.

Consistent with that definition, FrugalMe.com^® is in the business of enabling homeowners to carefully manage their cash flow to simultaneously avoid the unnecessary expense of “interest-in-arrears” home-loan amortization, and applying the interest saved as a result to the profitable purpose of building equity by rapidly paying down principal.

FrugalMe.com^® does that by originating the Home Ownership Accelerator^® mortgage-based checking and line-of-credit accounts for CMG Mortagage Services, Inc., in San Ramon, CA, whose principle stockholder and CEO Christopher M. George innovated the remarkable financial product Home Ownership Accelerator^®.

FrugalMe.com^® is a fictious business name for Patrick A. Daniels, a California Department of Real Estate-licensed real estate broker, who was among the earliest loan brokers approved by CMG to originate Home Ownership Accelerator^® accounts in California.

Based in Long Beach, Pat recognized the home-loan marvel imported from Australia and refined by CMG into Home Ownership Accelerator^® as the first loan in his twenty-seven years as a real estate and loan broker that actually has the potential to help borrowers get out of debt; in contrast to the depression-era-devised, thirty-year loan, which has virtually ensured a lifetime of debt for most American homeowners since the 1960s. … That’s because in the seven to ten years that most borrowers occupy their homes in urban areas, thirty-year loans pay down merely some 10 percent; meaning that the lender is enriched a lot, while the borrower's financial situation is relatively unchanged except for appreciation.

Pat graduated from CSULB in 1979, with distinction and membership in the nation's two most prestigious honor scholarship societies, by earning a BS in Business Administration, with an option in finance and a specialization in real estate. His equally impressive career resume is available upon request.

FrugalMe.com^® is supported by the finest financial services providers available in the greater Los Angeles-Orange County basin. And since FrugalMe.com^® is virtually the alter ego of Pat and Alexis, you can be assured that you will be treated honestly and professionally.

Perhaps the best thing that we can say about Home Ownership Accelerator^® is that it’s our home loan, too.