Mortgage Brokers using the Money Merge Account as an expansion tool

The Money Merge Account is a wonderful aid to homeowners who have have gotten caught in the cash-out refi cycle. Most people don't realize what they do to a loan when they refinance every 5-7 years. On a $200,000 loan, if a homeowner refinances at the end of the 7th year, they turn a 6% loan into one at 10.125%. On the same loan, refinanced after the 5th year, the actual interest rate of that loan goes is 10.75%. I have credit cards that are lower than that!

A client using the Money Merge Account from United First Financial can remove themselves from the cycle designed to keep the banks rich. By systematically reducing the the balance and accelerating the amortization schedule of their first mortgage, a homeowner opens themselves up to having options!

At virtually any time, they can go to the bank that holds the HELOC note and get an increase in their line amount for a very minimal cost. If they need to access the line for a major purchase, their household budget remains almost unaffected and their additional time on the program amy go up minimally. They do not go back to 30 years and into the dis-prportionate front end loaded interest structure that makes the banks so rich that they buy the naming rights to new go-zillion dollar stadiums.

Mortgage Brokers, please don't get me wrong and think I'm out to make you go broke:

• What would happen to your business if your referrals increased 100%.
• What if your clients could move from a $200,000 home to a $600,000 one?
• Who would get that business if you showed them the Money Merge Account?

I'm working with brokers who's core businesses have doubled and they have added what they used to make just selling mortgages, offering the MMA too. How are they doing in a down market?

With rates going crazy, as they have been for the last month, it is inevitable the American Homeowners are going to refinance to get a lower rate - if they lock in quickly. This is the perfect opportunity to put them on the MMA Program to improve not only their financial future, but help insure yours. They will leave your office singing your praises and dying to tell everyone they know that: You Gave them the cash they needed, lowered their rate and monthly payment, and showed them how to be DEBT FREE in less time than they would have paid off their old mortgage.