United First Financial and the Money Merge Account Video Presentation
Author: admin // Category: BizPack from UFirstCall Jennifer to get your FREE Money Merge Account Analysis @ 515-240-8582 or email Jennifer@TheInterestSaver.com
Interest Cancellation and Your 1st Mortgage –
What value would you put on a program that could literally save you tens or even thousands of dollars in future mortgage interest without any change to your current standard of living?* All Activity and Transactions are fully controlled by you
* No Refinancing required
* Works with all types of mortgages even option ARM
* May be transferred to other mortgages or properties
* Not a bi-weekly payment plan
* Payoff your 2nd mortgage in as little as 1-2 yrs.
United First Financial (UFirsttm) , through their live web-based Money Merge Account softwaretm, assists homeowners in leveraging all their income streams through a “mortgage checking account” which performs Interest Cancellation on their 1st mortgage, typically allowing a payoff usually in as little as 1/3 to 1/2 the time.In a nutshell, each time you receive an “income”, it is immediately “poured” into the “mortgage checking account”. The homeowner still pays their bills using standard banking instruments like debit cards, checks, wire transfers, etc., but while the money is sitting idle before it goes out, it reduces the front-loaded interest on their 1st mortgage. All this is accomplished without the refinancing of the 1st mortgage and with little to no change in their current spending patterns.
How is any kind of Interest Cancellation really possible?
Let’s say you purchase a house for $200,000 over 30 years at 6%. Your payment will be $1,199.10 monthly and you will pay $231,677 in interest which means you will have paid $431,677 when the loan is paid in full. You also just happen to have $10,000 in a cookie jar you have been saving. What’s the difference between adding an additional $10,000 down at closing or adding that $10,000 to the first payment?
By adding the $10,000 to the first payment, the interest you would NOT HAVE TO PAY would be more than $32,000, or about 14% of the $231,677.
But what if you don’t have $10,000 sitting in a cookie jar. Enter the Money Merge Account Program.