Money Merge Account NBC News

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Money Merge Account News Report

United First Financial first released the Money Merge Account mortgage accelerator in 2005. Since then they have been on the cover of multiple industry magazines and featured on NBC news.

 

United First Financial Money Merge Account Mortgage Accelerator

http://www.MathNotMagic.com to download a free dvd and find out more about the Money Merge Account from United First Financial. This equity accelerator is commonly called a mortgage accelerator.

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NBC News Report 

Jim Snyder interviews Tom Burns

Las Vegas, NV - Alright owning a home is the American Dream. And it remains an unrealized dream for most of us because we never get that mortgage actually paid off. Until then the bank owns your home and you pay them interest, lots of it. Usually more money in interest than the original price of the home. But the Saving You Money Team has discovered a new approach to pay your mortgage off a lot sooner saving you tons of money in interest and turn that dream into a reality years earlier.

It's the kind of coincidence we TV people love. That an accelerated version of the American Dream is coming true right here, at the corner of Promise Land Av and American Pride St.

Jim - Do you think about that day when you send in the last payment?

Tom - Ahh I can't wait. I'm gonna have a big smiley face at the end of the check. I'll sign my name with a big smiley face at the end. It'll be nice.

Jim - You'll own this place?

Tom - Absolutly. Can't wait.

Tom Burns is talking about paying off his mortgage. Owning his town home outright and not in 30 or even 15 years.

Tom - I explain to them that I am going to have my house paid off in less than 5 years and they think I am crazy.

No. He isn't independently wealthy. He's a working class guy. A valet at a strip casino. And he isn't nuts either. He made a simple and smart change in his banking behavior. Taking all of the income he makes and putting it where it can work harder for him.

Tom - I use the money to my advantage, I use the banks systems to my advantage instead of bank making money off of me. I'm taking control. And you can do it to. It's that easy.

It's a brilliant system that originated about 12 years ago in Australia and has slowly made it's way here. Tom uses software that he bought from a local company, United First Financial, to track his progress. Money Merge Account It cost $3,500, no small price tag, but it will save him $300,000 in interest. He had a health dose of skepticism going in but figured the potential upside was worth the risk.

Tom - I thought I was going to get slammed and slammed. But there is no hidden charges, no nothing. It's great.

Jim - We don't want this to get to complicated so we'll make it real simple here. This is your mortgage. It's full of red ink which represents money you owe(bowl of red water.)This is your paycheck(sponge.) It could soak up some of debt but normally you leave it in a checking account and the two don't affect each other. Under this plan your mortgage in a way becomes your checking account. You put your paycheck into it every two weeks. It soaks up some of that red ink, some of that debt, that means the balance is lower, you pay less interest and you save money.

Tom - You don't even feel it. You're just doing the exact same thing you used to do. Instead of putting it in a checking account, you put it towards the balance owed on the line of credit.

Just about anyone can pay off their home using this method but there are three key things you need for it to work for you.
1. You have to get control of your finances first. It only works if you have more money coming in than going out every month.
2. You need to carefully track what you are spending your money on and when those payments are due.
3. And you have to qualify for a Home Equity Line Of Credit

Jim - What would you say in a nutshell?

Tom - I would say it is harder to explain than it is to do.

So if your wondering why this neighbor has a smile on his face and walks a little lighter on his feet when he picks up his mortgage statement from the mailbox, now you know it's because he has about 4 years and 7 months left till his house is paid off.

Jim - It would be nice wouldn't it? I know this definitely one of those come on it sounds to good to be true stories but the Saving You Money Team has been test driving this system since February, 2007, 3 of us doing it and it really does work!

Get a free DVD detailing how the United First Financial Money Merge Account Works

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by BrookeBarnett

Brooke is a nationally recognized expert in Mortgages and Mortgage Acceleration programs offered in the U.S. and Canada. He has been feature by MSNBC.... (more)

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