Early Mortgage Payoff Question

[Ivan Alfaro]

I might be opening a can of worms with this topic but oh well...

Alright, so about a year ago, I was in a real estate seminar with Robert Shemin presenting for the entire day. As part of his product sale, he mentioned he owns software that automates the payoff of mortgages in 9 years or less, without changing payment arrangements, even if you have a 30 year mortgage. He didn't share much about how obviously, except the fact that "interest is accumulated at the end of the month"...So I'm guessing he's saying if a mortgage is paid on some different schedule, that it might be paid off faster but I have 0 idea.

Have any of you purchased his program to find out how it works? I tried contacting him through his website several times to just get that product (during the seminar he was selling a bundle) to no avail.

If you have any idea about what he's talking about. Please share your insights on this.