I have expanded my real estate tool kit to include an offering with United First Financial as a certified money merge account agent
United First Financial members are paying off their loans in 1/3 to ½ the time frame and potentially savings 100,000 worth of interest thanks to a step by step plan to eliminate debt. Good deal or bad deal? I had to check this product out!
As a Realtor, I am very concerned about the increase of foreclosures from California to Connecticut. Foreclosures are at a 21 year high as adjustable interest rates soar and home values drop. Homes are now becoming bear traps and residents are scrambling from losing their homes at alarming rates! This is a result of borrowing more than they could afford and a of lack of education to properly manage the largest single debt they will ever have.
A group of established mortgage brokers became concerned when their clients were returning every 3-5 years to refinance their homes, and not increasing their equity in their homes. They decided to take steps in educating and providing a tool that enables consumers to understand the benefits of budgeting and the perils of ignoring a mortgage. They were familiar with successful programs used in Europe and Australia.
The company spent 4 years developing and testing a method to payoff a mortgage quickly and efficiently with little or no change in lifestyle or using antiquated banking techniques like refinancing or bi-weekly payment programs. They had a 2 year beta test group that had amazing results - it showed that after 2 years, 97% of the group were using the software and were actually ahead of the predictions by 10-15%!
The money merge account system involves 3 components:
1st mortgage
Advanced line of credit (aloc)
Money Merge Software.
The money merge account system is a web based software program that turns a heloc into an interest cancellation account that is used just like a checking account. It is an open ended line of credit.... Meaning, interest is applied on daily average balances. As you know most people have several accounts, different account numbers like checking, savings, 2nd mortgages, revolving debt and credit cards. The banks love us to have these stagnant accounts - using our money to make them more money and they have successfully trained us to think along the lines of monthly payments, while charging us with huge interest expense and long payoff amortization schedules.
With an ALOC, you combine all of your accounts into 1 account and we make payments to this account with our paychecks or any other type of bonus cash awards... like tax returns, etc.. . The cash is available as needed and the MMA software tells users exactly the amount and the timing for funds transfer to their primary mortgage for maximum impact on the principal balance. The software is dynamic and tracks our spending and savings habits! Good deal or bad deal?
The MMA provides a straight forward snapshot or a "dashboard" representing how every financial decision affects our home equity and bottom line. It shows us the true cost of spending. You wouldn't drive your car without seeing the gas gage would you?
Highlights of the Money Merge Account
- All activity and Transactions are controlled by client
- No contractual obligations
- Free lifetime technical support, upgrades and mentoring
- 24 hour secure online access
- No monthly service charges
- The MMA can be transferred to other mortgages that you have (rentals, investment properties, etc...)
Additionally, the company provides a Money back guarantee that it will work if you follow the instructions. It's just math! Good deal or bad deal?
I love the MMA and what the program has accomplished for me! It takes approx 7 minutes to gather information to see what our program will do for you. I am very excited to offer a system that can provide home ownership and also provide a method for savings for other things like retirement or investments. It's your money, spend it wisely! Make it Yours Free and Clear!
See what the money merge account can do for you and your family and request a free analysis! Ask me about an additional stream of income that is also a great lead generator!
Elaine Gibney, Realtor
Money Merge Agent
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