The housing market across the United States has been dismal to say the least. As consultants in a market like this it is important for us to investigate new ideas and do our homework on them as well. Recently in Northern Virginia the buzz has set the market on fire about Money Merge Accounts. The sales pitch as it were is "Pay Down Your Mortgage in 1/2 to 1/3 the time". At first my skin crawled a bit as anyone, when it sounds to good to be true I tend to have serious doubts. The work Scam kept flashing in my mind.
Most of us know about the Bi-Weekly plan where you pay 1/2 of your mortgage every 2 weeks. What this accomplishes in one year is 2 Extra Full payments to your mortgage and can effectively save you 5 to 7 years off of your 30 year mortgage. That also requires that you have the disposable income to make those additional payments. The reality is most Americans are tight on their disposable income so even plans like this are quickly abandoned by homeowners.
Well after some exhaustive home work by myself and my team we are in love with this product. What I like best is that it does not require the homeowner to change their currently level of living or expenses.
The Money Merge Account solution provided by UFirst Financial is a software product used to manage paying down your primary mortgage using a HELOC loan. UFirst has no involvement in your finances or access to any of your information. It's a bit complicated to explain in this post. So visit our new Money Merge Account Blog and check out the information we have posted. There's a great video from News 3 in Las Vegas that talks about the product. We loved it so much that all of our team members have been certified to talk to and provide this solution to our clients.
If you are interested in talking with us about the product we are Happy to give you more information or send you out a DVD or PowerPoint presentation to explain the benefits further.
Saturday, September 1, 2007
Money Merge Accounts - Pay Down Your Mortgage Faster
Posted by
Steve Bradley & Bradley Group International
at
6:25 PM


