How Do Mortgage Acceleration Programs Benefit Consumers?

Paying off your mortgage is more like a fantasy than reality for most homeowners.

The problem begins with our common buying patterns. The average length of time that people remain in their homes is 5 to 7 years.

With a 30-year mortgage, that means 80% of your hard earned monthly mortgage payments goes to interest. In the first year that you pay on a $200,000 home with a 6% loan, you're paying $2,000 on principal and $12,000 in interest.

If you sell that house and buy another home, you never even get close to paying off the principal. The bank loves you, because you're feeding their profits . United First Financial Money Merge Account gives you a better way to gain ownership in your home even if you trade up several times.

With the Money Merge Account, you can reduce interest by decreasing your principal any time for any amount. This formula for early payoff has been around for decades and is widely used in Europe and Australia.

United First Financial's Money Merge Accounts make it easy for you to make early mortgage payoff easy without sacrificing your current lifestyle. In half the time, you can own your home and never once have to change the way you live to do it.

If you try to pay off your mortgage early the bank's way, it's hard to complete and the deal is stacked in their favor. If you're ready to do this the United First Financial way, you'll never feel cheated or like you've lost control of your financial future.

Let's face it - the longer the bank can keep you paying on the mortgage, the more money they make (usually twice the price of the home)! United First Financial says, "stop cheating yourself" and pay off your mortgage in half the time.

To show you how to make this work, United First Financial presents seminars all around the country to teach you how to pay off your mortgage early. Their Money Merge Account system makes it possible to decrease your mortgage balance every time you transfer income into your account.

Whether you add five hundred dollars a month or five thousand dollars a month, you'll lower the mortgage balance with each added amount.

If you can't add extra money one month, that's okay - it's an opportunity - not an obligation.

Whatever you add goes directly toward reducing the principal and that has an immediate impact of lowering the amount of interest paid over the term of the mortgage.

With the user-friendly MMA that United First Financial has created, it's not hard for homeowners to pay off the mortgage early and put their hard-earned money toward other things they want out of life.