It is nothing new that banks use our money to make their own investment gains. They employ elegantly simple and 100% legal money management plans that they don't want us to know about.
With the traditional 30-year mortgage, consumers end up paying almost 3 times the amount that they borrowed. What's worse, it will take 23 of the 30 years pay off just HALF of what was borrowed.
A majority of people on average change homes ever 5-7 years. If you fall into this category, then 91% of your mortgage payment goes to interest. That means that even if you were to live in a home an make timely payments for 10 years, you'll only have paid off 10% of the principal.
The MMA program, obliterates the rules of a conventional mortgage that is actually designed to keep you in debt. Learn how you can accelerate your equity, save hundreds of thousands of dollars on interest charges and pay off your mortgage 15-25 years SOONER!
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Money Merge Account Blog posts latest news and information about the Money Merge Account Mortage Acceleration program. Mortgage Accelerator programs are common in Australia and the U.K. and have recently migrated to the United States. These accelerated programs use home-equity borrowing and the borrower's paychecks (net income) to drastically shorten the amount of time for a mortgage to be paid off, saving tens to hundreds of thousands of dollars in interest expense.
About Me
- Money Merge Account Blog
- Welcome to the Money Merge Account blog. Our focus is to educate homeowners on a powerful solution developed by United First Financial to help the average working class consumer pay off their conventional 30-year mortgage in 8-11 years or less without refinancing, without altering current monthly mortgage payment or cash flow and without any upfront out of pocket expense. The program works with consumers' current mortgage program even if it is an interest only/Neg-Am payment plan. In many cases, clients are able to pay off their 30 year mortgages in 3-6 years based on their month-end discretionary income. Clients that are planning to sell their homes in the near future are able to build an additional $25,000 - $50,000 in home equity within 24 months on the MMA program and in many cases over $100,000 within 36 months.