Finally some good news amongst the Mortgage Mess
by: D Stubbs6 | Total views: 1 | Word Count: 965 | View PDF | Print View
Finally some good news amongst
the Mortgage Mess
It’s true!!
Some good news for the average homeowner regarding your mortgage!! We all love
the technology we use each day. Everything has changed because of technology!!
Medicine, telecommunications, flight & travel, construction techniques,
internet, cell phones, iPods, everything is different all around us except… your
mortgage.
Let me ask
you a question… Do you know when the mortgage loan was invented??? How many
years ago? 50? 60? More…? Would you believe about 90 years ago? Can you
imagine using any piece of technology from 90 years ago? Yet everyday that is
what 97% of Americans do.
Let me ask
you another question. Who owns the tallest building in your town? I bet it’s a
bank. What is it about interest that banks are not telling us? Why are the
banks the wealthiest industry in the world? Do you know how much the banking
industry made in net profits in the last 12 months??? The big 4 oil companies
made 80 billion!! The banks made 500% more or $400,000,000,000.00!!! That’s
right $400 Billion in net profit. How did they do that?
We have all
heard about the “sub-prime” mortgage mess, so if that is true how did the
banking system still clear “record profits”?
Take a look
at your mortgage. According to Fanny Mae 85% of all Americans sell or refinance
their mortgage every 5 years!! That means that during that 5 year window that
you keep your mortgage, upwards of 90% of what you paid in payments to your
lender was INTEREST!! Also know as pure profit!!
The key is
what type of interest? Most people don’t really know… it is called front loaded
fully amortized interest. This means the bank gets paid their money first!!! And
later in the loan you start to pay off your balance. In fact it takes 21 years
to pay down the first 50% of your balance and during the last 9 years of a 30
year loan you pay off the other 50% of your balance. The problem is 85 % of
Americans only keep their loan for 5 years!! Remember this loan was invented by
bankers to benefit the banks!!
Why would
any of us do this? Why would we stay in a loan that has not changed much since
it was invented 90 years ago? Mainly because we don’t really have any other
choice… until now!
What if you
could pay off your home in ˝ to 1/3 the time? What if you could do this without
refinancing, with no change to your current mortgage payment, and with little or
no change in your lifestyle!
Sound too good to be true? What if I told you that systems like this had been
in use in Australia and New Zealand for over 20 years!! And in Ireland,
Scotland, England & Spain for almost 15 years!!
Several
years ago, 5 entrepreneurs from Draper Utah, about 20 minutes south of Salt Lake
City, had one of those WOW ideas. One of those moments that according to Andrew
Waite of Personal Real Estate Magazine, “… represents a seismic shift in the
mortgage business and can deliver wealth and savings to consumers…”
The Money
Merge Account, the brainchild of United First Financial is the hosted solution
that will help you change everything you thought you knew about your mortgage.
What the
Money Merge Account does is work on some key principals. First is the
mathematical reality of Interest Cancellation. This is a way of eliminating
future interest and payments by banking smarter today. The money merge account
tells you when and how much to move your money from your current accounts to
maximize and save you the most amount of interest today and in the future!!
Next the
Money Merge Account helps you to budget, forecast and guide you to zero debt in
the shortest time possible. Think of the Money Merge Account as a financial
GPS.
You start
with your current debts, a line of credit whether it is personal, business, or a
HELOC, your current credit cards, and finally your checking and savings
account.
The Money
Merge Account, or MMA, From United First Financial will use Interest
accumulation, interest float, interest cancellation and strategic payoff
principals, to help you accelerate your mortgage and cancel interest on all of
your debts. Using this amazing system will help you to pay off in ˝ to 1/3 the
time!!
Too good to
be true… Check out all the information on the principals of interest
cancellation and mortgage acceleration at
www.cutmyinterestnow.com. Once you arrive at this site you can watch a
variety of videos from 4 to 18 minutes that will explain the process.
Additionally there are numerous articles from major industry publications that
use third party verification to validate the Money Merge Account. Read how
Ernst & Young awarded the 5 founders of United First Financial their
Entrepreneurs of the Year Award for financial services companies.
And finally
input your information for a free analysis of the Money Merge Account on your
finances. There is No SSN# required, No credit check, and No account numbers
needed to receive this 5 page report. Put it to the test and you will be excited
to see the undeniable results of what the Money Merge Account can do for you and
your family. What would you do if you had no mortgage payment???
What United
First Financial is doing is using 21st century technology on a 90
year old financial vehicle. Remember what Albert Einstein said, “The definition
of insanity is doing the same thing over and over and being stupid enough to
expect a different result.”
Go to
www.cutmyinterestnow.com and find out for yourself what hundreds of
thousands of homeowners just like you have found… You have a choice… pay for 30
years or pay for 8 to 12 years…
Article Source: Myelectones.com
About the Author
Darin Stubbs is author of this article on Interest Cancellation. Find more information about United First Financial here.
Rating: Not yet rated
Comments
No comments posted.Add Comment
You do not have permission to comment. If you log in, you may be able to comment.Copy and Paste Article Code.
Remember: The article body, title, author bio and links may not be changed or removed. By publishing this article, you agree to all the terms in our Terms of Service.
More articles in this Category
1: The need to opt for refinance
2: What If You Owe More Than Your Home is Worth?
3: Finally some good news amongst the Mortgage Mess
4: Mortgages in Sarasota
5: Win Financial - Get Home Loans At The Lowest Rates
Main Menu
Categories
- Arts & Entertainment
- Business
- Communications
- Computers
- Disease & Illness
- Fashion
- Finance
- Credit
- Investing
- Real Estate
- Currency Trading
- Debt Consolidation
- Fundraising
- Insurance
- Leasing
- Loans
- Mortgage
- Mutual Funds
- Personal Finance
- Stock Market
- Taxes
- Food & Beverage
- Health & Fitness
- Home & Family
- Internet Business
- Politics
- Product Reviews
- Recreation & Sports
- Reference & Education
- Self Improvement
- Society
- Travel & Leisure
- Vehicles
- Writing & Speaking
Sponsors
Links
- Technology Review
- Detective Conan Video Collection
- Cristiano Ronaldo Video Collection
- Links Market
- Play Free Games Online
- Laptops Review
- Koleksi Awek2 Cun


