How Do Mortgage Acceleration Programs Benefit Consumers?

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Pay Off Your Mortgage Early and Save Money!

First time homebuyers are used to signing a 30-year mortgage note and just accepting this huge financial burden for decades.

They don't complain - they just sign on the dotted line.

Why?

They sign because that's what American consumers have done for generations - sign up to pay twice the purchase price in interest just to get a roof over their heads.

Hey, that's the American dream of home ownership! No, it's a nightmare - and it's time for American homebuyers to wake up and take back control of their financial future.

United First Financial is sounding the wake up call with their Money Merge Account program that actually teaches homebuyers how to pay off their mortgage in half the time.

Plus, the Money Merge Account is designed to accept anything from a hundred dollars to a thousand dollars each paycheck as a reduction in principal to be applied immediately to your account. There's no forced waiting period until you have a large amount to pay against the principal.

You can set up the extra money going toward the principal with every paycheck.

Thanks to United First Financial's generous terms, the interest portion of your debt gets lower with each paycheck so your mortgage is paid off years ahead of schedule.

How Can You Pay Down Your Mortgage Fast? 

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Why is Paying Off Your Mortgage Early so Important? 

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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.

Is it Hard to Pay Off a Mortgage Early? 

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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.

The Money Merge Account 

Pay Off Your Mortgage and Have More Money to Spend! 

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Your Questions About the Money Merge Account - Answered! 

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Being Debt Free Isn't Just a Dream Anymore! 

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With a Mortgage Acceleration Program, You Build Equity FAST! 

An article by Wikipedia



Home equity is the market value of a homeowner's unencumbered interest in their real property—that is, the difference between the home's fair market value and the outstanding balance of all liens on the property. The property's equity increases as the debtor makes payments against the mortgage balance, and/or as the property value appreciates. In economics, home equity is sometimes called real property value.

Technically, home equity has a zero rate of return and is not liquid. Home equity management refers to the process of using equity extraction via loans—at favorable, and often tax-favored, interest rates—to invest otherwise illiquid equity in a target that offers higher returns.

Home equity may serve as collateral for a home equity loan or home equity line of credit (HELOC). Many home equity plans set a fixed period during which the person can borrow money, such as 10 years. At the end of this ?draw period,? the person may be allowed to renew the credit line. If the plan does not allow renewals, the person will not be able to borrow additional money once the period has ended. Some plans may call for payment in full of any outstanding balance at the end of the period. Others may allow repayment over a fixed period, for example, 10 years.

Pay off your mortgage in half the time 

Do You Have Questions About Accelerating Your Mortgage Payoff? 

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