Is a Money Merge Account a Good Way to Pay Off Your Mortgage?

Over the past few weeks, I’ve received several questions about the money merge account .

Let's get a point clear! People are entitled to their own opinion, especially on the internet where negative publicity is controlled by mere words and comments. Do the MATH! read this guide about the money merge account complete information with scenarios and facts.

If you own a home and want to pay it off sooner than this may be a solution to look into. No one is twisting your arm, just look inside don't read the book by it's cover. The money merge account program is a software. But behind it all there is a company who's vision is to help the homeowner become debt free in less time.

Here is what a good friend of mine had to say about this program!

"I haven’t paid much attention to this because I’m unfamiliar with this product.
But when you wrote me last week, I decided to do some research.
Here is what he found: Apparently they are a company that uses “sophisticated algorithms” to compute how to best pay down a mortgage using a HELOC and a Money Merge Account, with the end result being that the mortgage is paid off in fewer than 30 years. (Their preferred statistic seems to be 11 years.) I’d appreciate any information or opinion you have regarding money merge accounts or UFF; a bit of web research comes up with inflammatory chats and the company’s own claims, but nothing from a reliable third party. Okay I set a time to meet an we talked math we worked on an Analysis.

Friends the bottom line is do your own homework! Go to the company website! Check the Better Business Bureau, but don't let someone tell you it doesn't work especially if you don't even know that person.

Let's look at some facts:

1.The homeowner sets up a home-equity line of credit (HELOC), borrowing against the value of his property.

2.The Money Merge Account calculates all of the variables in your budget.

3.The homeowner does not deposit his paychecks, etc. into a traditional savings account, but applies them to pay down the HELOC.

4.When the Money Merge Account reaches an optimal level it will prompt you to send additional money borrowed from the HELOC to your principal balance.

5.Though the HELOC will likely have a higher interest rate than the primary mortgage, it’s actually cheaper to maintain because of the way the interest is calculated.

6.In the case of United First Financial, all of the timing for these actions is prompted by proprietary software, for which the homeowner pays a one-time fee of $3500. These prompts are not mandatory, but if they’re not followed, it defeats the purpose of the program.

7.This Program works: So do the math and then see which way is cheaper for you to live.

8.I have had people ask me why not just send extra additional income every month?

Here are some of the reasons:

Pre-payment is the basis for all plans designed to help you pay your loan off sooner – whether you choose to “do it yourself” or enlist in the help from your lender, bank or from a third party program.

If no additional money is applied to the balance of the loan,
Then there is no adjustment to length of the term or amount of interest paid.

If this is so simple – why don't we do it? I have listed some of the most common reasons why we just don't send a little extra when we can.

We are not aware of the benefits.
We are unsure we will feel the impact of the additional payments.
We do not have any additional money to send.
We will need that additional money for an emergency.
We do not know how much to send and when to send it.
We do not like the restraint of a budget.
We don't understand the power of leverage.

Reasons 1 and 2 stand out as the “motivators.” If we are not aware of the “benefits and the impact” – we may not realize what we are missing out on!

Why should we do something with no goal or purpose? What’s the point?

If you take a few minutes of your time and read the guide I have created about this program than perhaps you as a homeowner could use logic when deciding if this program can benefit your actual situation. Remember this program is not for everyone, but for those who are using it. It is changing their finances in a positive flow forever.

Good Luck
Juan
info@mortgagefreefinancial.net

http://www.mortgagefreefinancial.net/

It's not about selling software, It's about helping you pay your mortgage off sooner save interest and take the money to invest in what you want... Remember there are people out there who could care less about your financial position in life. So there comes a time for you to question yourself in order to make the necessary adjustments and make things happen.

Thomas Edison: Dreamed of a lamp and began to work on his dream until he actually made it a physical reality. This is what the money merge account offers a new way a new direction to becoming mortgagefree by eliminating the high dollar amount of interest paid for your home loan. Other wise known as the true cost of borrowed money.