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Honey I
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| How It Works |
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The Money Merge Account™ program consists of three major components: 1. Your Existing Primary mortgage The existing mortgage on your home is the foundation for the Money Merge AccountTM program.2. An Advanced Line of Credit (ALOC) The Money Merge AccountTM program uses an advanced equity line of credit as a vehicle or a tool to drive the program. The equity line of credit must have the capacity to operate similarly to a primary checking account and be set up with an open-end interest calculation (rather than a closed-end interest calculation). Combined with the Money Merge AccountTM program's web-based system, this creates a formula in which the money in your line of credit account generates an interest cancellation on your primary mortgage. 3.
Money Merge Account™
Program Software
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| Next: 5 Easy Steps |
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| United First Financial, its agents and subsidiaries provide Internet web based software and support services. United First Financial does not provide accounting, tax, legal, real-estate, mortgage or investment advice. Interested parties should seek and consult with persons or entities licensed and qualified in those areas for advice relating to those matters. United First Financial is not liable or responsible for claims or representations made by any party which are not included in the Money Merge Account™ program Limited Guarantee. | ||||
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