Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited.

Is this mortgage advice good, or is it hooey?
Sounds fishy - taking out more debt to pay the main mortgage down faster? There are a couple of issues I can see: I would think that a much more sensible strategy with a lot less risk is to save up extra cash and send your lender a check every quarter or six months.