Mortgage Accelerators, Scams and Successes
Everybody who has a mortgage longs for the day when those monthly payments will end. Thousands of people are looking for ways to speed up that process, and many are finding the answer in what is called Mortgage Acceleration.
Mortgage accelerators come in differing shapes and sizes, and perform at different levels. The bottom line is this: If you want to pay off your mortgage, you simply must apply more money to the loan.
Some acceleration programs provide you with a plan to make small additional payments each month. This is effective in shortening your mortgage term, because additional payments (made to principle only) will lower the overall balance that you owe. That means less interest due. Interest is the enemy. Paying an extra $100 per month can have the effect of shortening your loan term by as much as 4-5 years. The only way to go faster is to apply more money to your principle balance. But how? Most of us simply do not have much “extra” cash hanging around. If only there were a way to find extra money in our bank accounts, we could really accelerate our payoffs.
So, comes to market a whole new selection of options. It turns out that for over 15 years, folks in Australia, New Zealand, and parts of Europe have been using a system that squeezes more money out of their labors and applies it to their home loans. These people are paying an average of $150,000 less in interest for their homes than the average American. How do they do that?
What these Aussies, Kiwis and Euros are doing is combining their home loans, checking accounts, savings accounts, and lines of credit to create a new scenario in cash flow. The mathematics are sound and the results are undeniable. It works. The problems and risk come from the mixing of accounts and complicated management.
If you combine your primary checking account with a Home Equity Line of Credit, or HELOC, you can basically use your income to cancel interest in your heloc. This interest cancellation creates cash flow in a sense. This new cash flow creates opportunity for that “extra” money. You can actually use the bank’s money “interest free” much like you would a credit card.
It is easy to see how, with a little bit of poor planning and bad math you could get your self in financial hot water here. You need help. So here is where you must be wary. Help means involving someone else. Uh Oh! Red Flag! “Other people” usually means high fees or possible scams. That is a matter of record, after all. And when it comes to your money….well, these other people had better be squeaky clean.
So, who can help, and who can you afford? Wealthy people have financial planners who they pay very well to watch their bottom line. Most of us cannot afford their hourly fees. So we just throw up our hands, go to work, and live paycheck to paycheck. But we still would like to be debt free and reach financial freedom. So let’s explore the options again.
A Google search on mortgage accelerators will bring up some interesting things. You will find the Big Boys there…Countrywide, Lending Tree, Quicken, Eloan, GMAC, DiTech, etc. These are the big mortgage companies who already have you in bondage, and now they want to ease your pain a bit with a bi-weekly pay plan or perhaps a nice re-finance package. Refinancing will only make your problems worse in the long run. The extra payment plan was already discussed. We want more.
Dig a little deeper and you will begin to see other companies there offering other options such as the Australian idea. Investigate these carefully. You want to find the option that is safest and offers the best results. And as for me, I don’t have the time to learn advanced math and theoretical quantum financial physics. I need something that will make it easy. One company will float to the top…United First Financial.
United First Financial has brought to market a new and revolutionary program that is beginning to catch on. They have spent years and millions of dollars creating software that combines the best of ideas from Australia and Europe and the American banking industry. Their product, called The Money Merge Account is a remarkable tool that provides a customized and flexible plan for each user. The user is guided by the software to pay off their 30 year mortgage and other debts in an average of 8-11 years! And this without changing your monthly payments or lifestyle.
Of course this sounds too good to be true at first. A second look and a review by a CPA reveals the solid principles involved. An investigation of U1st will uncover their beta test on 400 homes in Denver, with the highest possible success rate. The users there are actually moving about 20% faster on their payoffs than projected. This test period has proven the program works, and now the Money Merge Account, or MMA is available to anyone with a mortgage and decent credit.
The MMA does not touch your money and it does not pay your bills for you. The MMA provides a real time financial “dashboard” that shows you where you are headed and also the real cost of miscellaneous purchases and deposits. It is an amazing tool that can transform your understanding of your money.
Your MMA dashboard appears streamlined and is easy to navigate. Live, cheerful customer support is there for you for life. The MMA is transferable to your next property, and all updates are automatic and free of charge. United First guarantees you will meet the goals (if you follow the system) or your money back.
On the other side of the screen is unbearably complex programming that is constantly at work finding the best, fastest, most risk free way to pay off your debts and put you in charge of your financial future. A whole fleet of brilliant folks in the background have put all of that supercomputer power at your fingertips, and made it as simple as point and click.
I bought the MMA and am completely thrilled with it. It has changed the way I think about money, and it has changed the way that I see my future. My 26 remaining years of debt has been whittled down to 8.4 years. I see the light at the end of the tunnel. I hope you are getting a glimmer of hope now too.
It is very easy to find out what U1st Financial and the MMA can do for you. Simply contact a U1st agent and request a free mortgage analysis. It takes about 15 minutes, and the report will probably make your hair stand up. You can request an analysis by going to http://pro.debteraser2007.com or you can read more about it and take a video tour by going to www.debteraser2007.com .
Finally regular people can have access to a level of financial wisdom that was not available to them before. So, don’t refinance or fall victim to scams that want to have access to your accounts. It’s time to take control yourself. This thing is literally transforming families from a pattern of debt to a new paradigm of wealth building.
Just think about what you can do with your monthly payments when they no longer are required to pay debts. Even a conservative investment strategy will amass huge amounts of cash when supplied with a steady flow of capital, like the flow going out to pay the interest on your home loan this month, and the next, and the next, and the……….Don’t let the banks make all of the money. After all, you are the one who works for it.
Marc Rosenbaum www.debteraser2007.com
About the Author
Marc Rosenbaum lives in Colorado and works from home. He is a "recovering" builder of high end homes, now focusing on building wealth and wisdom in others.
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