How to Leverage Real Estate Equity Creatively With These 3 Primary Components.
3 Simple Ingredients for Financial Success
1. Your Existing 1st Mortgage (No Refinancing
of Your Existing Mortgage Necessary)
The primary mortgage loan on your home is the
basis for the Money Merge Account.
2. An Advanced Line of Credit (ALOC)
The Money Merge Account Program uses what
is called an advanced line of credit as the
vehicle or tool to drive the Money Merge
program. This equity line of credit requires
that you have the ability to handle your
financial matters similar to a primary checking
account and also that it is set up with an
open-end interest calculation (Rather than
a closed-end interest calculation like your
existing first mortgage is set up). When
you integrate this advanced line of credit
with the Money Merge Accounts web-based system,
it then creates a formula which uses the
money from your ALOC account, and generates
what is called interest cancellation on your
existing first mortgage.
3. Money Merge Account software
The online, web-based Money Merge Account
system maps out a user friendly plan between
your bank account, your advanced line of credit,
and your primary mortgage. Every time that you
make a deposit into your account, it computes
the equivelent decrease to your mortgage balance.
By lowering the remaining mortgage balance that
you owe, you are lowering the balance on which
interest accrues. By lowering this balance which
interest is accruing on, it increases the amount
of each monthly payment that is applied to the
primary principle pay down. The financial algorithms
in this advanced Money Merge Account system are
acutely programmed to produce the highest possible
interest savings in the least amount of time.
