United First Financial has recently came out with some alternatives in paying for the Money Merge Account software system.  Just to give you an overview of what the Money Merge Account software program is, I will give you the highlights.

The Money Merge Account (MMA) is a mortgage acceleration program that comes in the form of a software program.  Paying off your mortgage early has never been easier.   It acts as a GPS for your finances, getting you to zero debt in the fastest way without effecting your normal monthly budget. The great thing about it, is that it helps you manage your money even better so that you end up spending less...therefore, maximizing the value of every dollar coming into your household.   

Up until July of 2008, a HELOC was needed to get on the mortgage acceleration program, but not anymore!  UFirst can get you on the program with a credit card and $250 down payment.  Of course, every client needs to qualify for the program.   United First Financial is very particular about that,  if your certain criteria does  not meet  the  basics, they will not sell the program to you.  First, an analysis needs to be completed.  Your basic information is needed like your   mortgage balance, current interest rate, balances of all credit cards and consumer loans.  Once the liabilities are plugged in, we insert your income.  If you have extra income left over  after paying all your bills, we call that discretionary income.  The whole process takes 10-15 minutes and can be completed at the money merge account analysis site.

Financing Program 

   Here are the financing options:

Money Merge Account Pro - This is the full program.  It is used when you have a mortgage or over $80,000 of debt to be paid off.  The financing options are $2000 down with $50 per month until the program is paid off.  The new option is $250 down and $99 per month.  The monthly payment will continure until the balance is paid in full

Money Merge Account Express- This is the renters version.  When the client does not have a mortgage and has debt that totals under $79,999.  This financing plan can be either $999 down and $50 per month OR $250 down and $99 per month.  Again, the monthly amount only continues until the balance is paid in full.

The big change here is the $250 down.  That simple change is going to help so many people get out of debt and accelerate mortgage payoff.