Have you ever dreamed what life would be like without a mortgage payment? This used to be just a dream for many until recently with the introduction of a money merge account. The money merge account can shorten your mortgage and reduce the amount of interest you pay over the course of the loan.
There is new software that changes the rules of the mortgage game, a money merge account. You own your home when you have completely paid off your mortgage. If you owe $1 to the bank than the bank is a co-owner. Banks are earning unbelievable amounts of money from mortgage that are not paid off. It is scary to see how much money you truly pay over the life of the mortgage, and if you should fail to stay current in your payments the bank can take your home away from you. A money merge account can change all that.
Money merge accounts accelerate your equity position or pay off your mortgage in just one-half or one-third the time, which means you have much, much of your payment going to the principle and much, much less going toward interest. There's no need to refinance your existing mortgage, and you don't have to have any change in lifestyle.
Christopher Cruise, a former mortgage broker who now trains people who write home loans, says, "One hundred percent of the people I teach in their late 20s or 30s have no idea what a mortgage burning is. This whole attitude of paying off the mortgage and owning the home free and clear is disappearing from the country...increasingly, it is a milestone that people do not expect to reach. A new AARP national survey, for example, found that among workers 55 and older with mortgages, about half doubted that they could pay them off before they retired." This is a very sad situation. It's deplorable, in fact. However, the money merge account makes this formerly common dream of the day of the holding of the mortgage burning ceremony a reality once again.
Currently checking and savings accounts tend to earn very little in interest. The money merge account uses an advanced line of credit, (ALOC) to to cancel interest at a higher rate than it could have earned in the checking and savings accounts. This creates a financial benefit for you. Now your money is working for you instead of working for the bank, allowing you to pay off your mortgage in one third to one half the time. The computer software shows you the effects of your financial decisions, as well as the time and interest savings.
Unfortunately, not everyone will qualify for the benefits of the money merge account. A small amount of information will help to determine if it is right for you and how beneficial it would be to you. The program will work for many people, and help them manage their finances unlike they have ever managed it before, and how they ever would have without the money merge account.
Homeowners in Australia and the United Kingdom have used this system for the last 12 years. and now it is being well received in the United States and Canada. Anyone who owns a home, owes it to them self to see if they qualify for a money merge account.
About the Author:
Tom Piccirillo is an authority on helping people with their finances. He can show you how you can payoff your mortgage faster. He will see if you are eligible for a money merge account.
No comments:
Post a Comment