Owning a home is a wonderful thing. There is a sense of accomplishment and joy knowing that your home is yours. Yet the reality is that most of us don't really "own" our home. The bank does. We found a home that we like and made an offer on it. Unfortunately, we had to borrow money in order to actually buy it. Now, we find ourselves in a situation where we pay at least twice what we borrowed back, mostly in interest payments. ( On a $200,000 loan at 6.125% if the loan went the full 30 years, the total interest paid would be $237,479.)
There are several ways to "beat the system". You can try bi-weekly payments or make occasional extra payments to principle. While these can help shave some of the interest off, they often require you to change your standard of living to do so.
There is a way however, to pay your home off in 1/3 to 1/2 the time and save yourselves tens of thousands of dollars of interest that the bank would otherwise get.
I am certified by two companies who can help you accomplish this, however with slightly different strategies. Another, which you can do by yourself is available, but harder to do. All three can accomplish the goal in about the same amount of time. Each has it's own pluses and minuses.
What's best for you? It depends on your situation. I would love to discuss it with you.
Click on the 2 following links for short video's explaining the systems . The videos require Adobe Flash viewer. If you do not have it, you can download the driver at Flash .
Money Merge Account
4 minute intro video
To find out more on how easy it is to get your accounts merged navigate through our website.
Larry Morris, UFF Independent Agent: UFF877401
8 minute intro video
For more information on how this can help you, click on the link at the bottom of this page.
Both of these systems are designed to cancel tens of thousands of dollars in interest on your existing mortgage allowing you to pay off your home, free and clear, in as little as 7-11 years.
This savings is made possible by merging the "spread" between checking/savings accounts and mortgages traditionally in favor of the financial institution back to the benefit of you, the consumer. This unique system made popular over the past decade in Australia and the UK and are now available here in the US. A mortgage-free future is closer than you imagine.
Learn how these systems can help you save tens of thousands of future mortgage interest without any lifestyle changes and then request your personal Money Merge Account analysis. There is no cost or obligation.
The main differences between the two are that the UFirst Money Merge Account is software based and often does not require you to refinance your existing 1st or 2nd mortgage. The CMG Home Ownership Accelerator is a 1st position Home Equity Line of Credit with a checking account tied directly to it.
These are not a bi-weekly or debt roll down system.
To find out more, click on this link and omplete the short form at the bottom of the page.
Tell Me More
Larry Morris is a Certified Mortgage Planning Specialist and Certified Mortgage Coach with Golf Savings Bank in Beaverton, Oregon. He specializes in USDA Guaranteed Rural Home Loans, FHA Purchase and Refinance, FHA 203k Rehab loans, FannieMae HomePath loans and conforming purchase and refinances in the states of Oregon, Washington, Idaho and California.
He can be reached at 503-421-0096, or larry@PDX-Mortgage.com.
www.PDX-Mortgage.com
