I was contacted by a Fellow Christian who has been helping Homeowners payoff all of their debt in 10 - 12 years instead of a normal 30 year term thru a company called United First Financial.

I have always told my clients to pay ahead on their mortgages and take advantage of the Bi-Weekly payment schedule that comes directly out of their bank account and allows them to pay an extra payment each year to Principal resulting in reducing their 30 year term to about 18 years on average.

I have been asked by some of my Realtors about UFirst in the past few months so I decided to sit in on a webinar about it, but I wasn't convinced it was the right vehicle to sell to my clients - especially for $3500.

However, today it was presented to me in a fresh new way by the Fellow Christian who is a Branch Manager with UFirst that almost made sense. With their Money Merge Program, you pay all of your income into your Home Equity Line of Credit  (HELOC) and pay your bills out of your HELOC as well -whatever is left over - say $1000 for example is suggested by the Money Merge Account system to pay down the Principal on your debts (including your HELOC) each month.

For those of you who read my posts -especially my last one - you know that I usually agree with Dave Ramsey - a Christian Financial Counselor who preaches that you can get out of debt yourself thru his Financial Peace University program (which is only $149) that basically has you use a cash envelope budget system that your Grandparents always used to discipline yourself to acheive a Debt-Free life.

Dave Ramsey has made it no secret that he believes the UFirst Program does everything you can do yourself but charges you $3500 to do it - and the UFirst Branch Manager brought that out into the open during his presentation today. The Branch Manager says that Dave Ramsey just hasn't taken the time to understand how the program really works.

Here's where you come in - Have any of you used this program or sold this program to your clients?

Come on now - Don't be shy. I would like my Active Rain Family and readers to help me out by letting me know their experiences - good or bad - so I can honestly tell my Realtors if this is the way to Pay Off your Mortgage early or should you get disciplined and do it yourself like Grandma and Grandpa did?