What happens if I sell my property before paying off my mortgage?

If you sell your property before fully paying off your mortgage while enrolled in the Equity Accelerator program, the remaining mortgage balance will need to be settled with the proceeds from the sale. As the program works by using a line of credit to pay down your mortgage faster, any outstanding balance, including the line of credit, is required to be cleared upon the sale. The Equity Accelerator program does not transfer with the property, so you won't be able to continue the program's benefits upon selling. However, by following the program, you would have made significant progress in paying down your mortgage, resulting in a higher equity position. This could potentially lead to a larger sum of money received after paying off the remaining mortgage balance upon selling the property.