[…] In part 2, I'll address why it is not a scam and why you should still not buy it. […]

[…] Scads of ways to reduce your mortgage interest without refinancing! You can also read more about United First Financial and their Money Merge Account from Lin Ennis, developer of the 86-page do-it-yourself manual Let […]

[…] Scads of ways to reduce your mortgage interest without refinancing! You can also read more about United First Financial and their Money Merge Account from Lin Ennis, developer of the 86-page do-it-yourself manual Let […]

[…] Scads of ways to reduce your mortgage interest without refinancing! You can also read more about United First Financial and their Money Merge Account from Lin Ennis, developer of the 86-page do-it-yourself manual Let […]

You don't need a HELOC or MMA or spreadsheet to pay off your mortgage. All you need is discretionary income applied every month to your principal.

If you truly believe that moving money in and out of the HELOC is the best way to use the "bank's money" and "leverage" your interest, then do it the correct way. Make a ONE-TIME INTEREST-ONLY loan from your HELOC equal to your take-home pay and put that towards your mortgage. Run all your income and expenses through the HELOC. Meanwhile use your discretionary income to pay down your mortgage. If you need extra cash, simply borrow it from the HELOC and pay it down to your take-home pay level, before continuing to pay down your mortgage. This is the simplest and most effective way to take advantage of the HELOC.

[…] Scads of ways to reduce your mortgage interest without refinancing! You can also read more about United First Financial and their Money Merge Account from Lin Ennis, developer of the 86-page do-it-yourself manual Let […]

[…] Scads of ways to reduce your mortgage interest without refinancing! You can also read more about United First Financial and their Money Merge Account from Lin Ennis, developer of the 86-page do-it-yourself manual Let […]

If you think you can do exactly what the MMA does, without the software, then please show me. Yes you can save $$ by adding payments, doing bi-weekly etc.. but that is not what the MMA does! This software has over 36 pages of algorithms saying hey if you do this then that will happen. This is awesome software that will save you much more than you would pay. Before you post about this I would recommend you let one of the agents do an analysis for you, it's free, doesn't cost you a dime, (or a penny) and then you can make your decision regarding the software. However, if you have not even had an analysis done for you then you simply don't know what you are talking about. Sorry. I would even bet you that if you go to my site I can save you more and reduce your debt faster than you could ever imagine, try me.

I'm going tonight to learn more about the Money Merge Account. My biggest question to all the the skeptics if you can do this yourself and it's so easy why are there so many foreclosures going on. If all these mortgage companies know about this why didn't they tell their clients. I think it's the banks who chose to rip-off the consumer. If you step back and look every business is a pyramid scheme You have a president and then everyone falls beneath him. And I'm guessing they make less money than he does. Upper management in any company gets bonuses and bonuses when meeting quotas. I've seen what the software has to offer and am almost convinced this is for a lot of people. I think I have to learn more just so I know more about the product and believe this can help me and my family.

So I did my research on these accelerated mortgage payment soft wares.

-There are about 5 of them including, United First Financial (UFF). UFF is the most expensive at a whopping $3500. The cheapest is $995. This means a majority must go to commissions paid on tier level output.
-your monthly net income must exceed your total monthly debts in order for it to work.
-Need a HELOC or line a credit with a low interest rate. If you use a HELOC, there may be tax advantages.
-Paying off 10-15 years faster is obtainable if your mortgage is around $200-300K and you pay an extra $400 a month. If you have a larger mortgage and pay less to principal, paying off WILL take longer.
-if you suck at paying your bills on time, have multiple credit card balances at high interest rates, or too lazy to research how to help yourself then a software prgram is for you.

To me, paying down your 1st Mortgage quicker does not need an software. The ONLY good advantage with the software is seeing exactly how much years you cut off by paying more principal at a monthly basis. I’m sure someone good with excel can create a formula for this (or use this website link http://www.americanfinancing.net/calculators/what-if-i-pay-more-calculator.php )

Simple rules to follow:
-Consolidate all credit card debt into one low interest rate line (personal or HELOC). Credit cards can have 20% interest rate. If you have a line at 5-6%, you are saving a lot
- Make a list of items you spend and from there, budget yourself. Example…eat more at home and bring home lunch, shop around for lower insurance premiums, rent movies instead of going to theater, use food coupons
-keep credit card balances to a minimum or pay it all off at the end of the month
-with the money extra saved from budgeting and consolidating debt, pay directly to principal on 1st mortgage. The more you pay to principal, the faster you pay off mortgage.

With a little research, you can put the $3500 software fee directly to the principal and you are on your way to paying off your 1st mortgage quicker.

It just doesn't make sense to eliminate what is probably your single largest tax deduction.

This is a fairly well written article. What i find amusing through the whole thing is that at the very end you say download here and buy this. United first financial is nothing more than sales. Seems to me your doing the same thing…….

Hi John Beidle,

Obviously you have not listened to John Cummuta's program. In it he CLEARLY shows you the flawed logic to your simple statement. It boils down to this… you are telling me that it makes sense to spend $0.70 in order to save $0.30??? The tax deduction is about 30% of the interest paid, so you are essentially caught up in a lie perpetrated by tax attorneys and ignorant people. It makes more sense to pay NO INTEREST and you save 70% over paying 100% and only getting 30% back.

Joe

Unfortunately, most everyone missed the point of the revolutionary software created by united first. This software does not change the way you spend your money, it changes the way you bank. Most people learned how to bank from the bank! They told you how to put you money in them so they (the bank) can best use it. Ever wonder why a bank takes your written checks out of your account immediately, but makes you wait to use them when you deposit them? Or why there are banking rules that states they have 3 to 5 business days to provide large withdrawals? Ufirst does not need a line of credit nor a HELOC, it can be used with a credit card with as small as $300 limit. People who think they can take their 7 payments that they are making every month and find the best way to pay them to pay off the most interest and get out of debt fast they are kidding themselves. There are 5070 possible combinations every month! The method of "strategic Pay off" is so new that people who are sending $100 extra to all their bills are missing the boat. Most of you here are right, bash Ufirst and try and sell another program. There is no program out there that is close to ufirst, read your financial magazines, it has been featured in 7! Beside, ufirst does not want you to write a check, they want you to create a debt so their "debt elimination" software will get rid of it so you never feel the cost! Take a great look at it before you decide and remember: if some told you 100 years ago people would flight around the world, 50 years ago you could sit on your sofa and have 250 t.v. channels and never get up to change channels, 25 year ago everyone would have a computer and access to a online platform where you could find any information in any language in minutes, or 15 years ago that everyone would carry a phone-internet acess-music player-messaging system-camera, people would have locked you up in the loonie bin!

Opinion of one, but…. when someone says "Why would you want to get rid of your mortgage, it is the single biggest deduction seems counterintuitive and naieve."

My question is: "Why would you want to put yourself in a situation of never-ending debt slavery to large banks and why would you want to keep debt that puts you in a position that if you lost income, you are potentially on the street if you can't make the payments"

Another question is: "Why in the hell would you want to pay double and sometimes triple for the value of a home so that you can get a deduction"

It seems to me that people with this argument have allowed themselves to believe what they hear in the mainstream and can't see that they are being victim of a soft con.

Please don't listen to these posts that tell you that you can't possibly pay down your mortgage like MMA. IGNORAMUSES. There is no such thing as "factorial math". There is only one way to pay down your debt that makes the most financial sense. Pay off the debt with the highest interest first, and work your way down from there. Mortgages should be that last debt you payoff. All you need to pay off your debt is to take the money you have left over each month and apply it to your debt. You only need to keep the HELOC around to pay for any overages, which must be paid off first.

Remember, you can't pay your debts off if you spend more than you make. There is no magic to these "rocket science" algorithms, just a lot of wool being pulled over peoples' eyes.

If people were financially disciplined, they wouldn't need MMA as an electronic babysitter telling them when to pay their bills. And if they weren't financially illiterate, they'd understand that MMA costs you more money than doing it yourself.

I've had the UFF MMA for quite a while now and it's working quite well for me. I've even purchased a veh out of my heloc, and with the MMA system' I've almost payed the vehs cost down in one year. Yes you have to have discipline. What did you expect. Once your mort is paid off you can continue placing funds into your heloc and have a big ball of savings to help you retire with, tax free. I happy with it.

The software is the outline, true. It's also flexible. Since the economy crush, I've adjusted transactions btwn heloc and MMA to meet my needs and the system still works. I also see individuals/companies, for their own sales boosts, crack on the $3500 paid for the MMA system. That never came out of my pocket and was worked into the heloc. Never felt it. As to discipline- The discipline has to be applied regarding the Heloc. It's very difficult for some to have the line of credit and not dip into it, a little here and a little there. The next thing you know, it's "maxed" out and you have a problem. They also worked with me to find the right bank and the right Heloc. I looked into B of A. They steered my toward US Bank. If I had stuck with B of A. I would have had a frozen Heloc a year ago regardless of my good standing. US Bank has served me well and I've also moved my checking and savings accounts there. B of A, never again. Didn't really realize what a joke they are. The bottom line here is this. You pay a professional to purchase or sell your home so you don't step on a land mine. You pay a professional to Refi your home so you don't step on a nail. I don't mind paying the professionals to help me manage my Heloc-MMA relationship.

People can loose weight them selves, but most don't unless they join a Gym or get a personal trainer. People can learn to do their own taxes but it is safer and less timely to have an accountant do the program. If you want to wast time on spread sheet after spread sheet sure knock your self out. I personally found this product to be a financial life saver for me. It is not just a spread sheet, it is a financial navigator. I can input the cost of buying a new/used car or go on vacation and it will let me know to the penny how must interest my decision in going to make. It keeps you disciplined. My best friend showed the program to me and she if very financially responsible and she found that for the money, it was well worth her time she would save and money she would save. The same is true for me.

Find me masses of people on this product who are complaining or saying it is a rip off. I challenge you to do that instead of thinking you are smarter than the average person. You won't find it because the company is solid and is winning award after award in the financial field. Ernst and Young just doesn't hand out those Kudos to just anyone. You have to be audited and your company has to go through with a fine tooth comb. Just like Southwest, Microsoft and Dell and other companies did when they won their awards from Ernst and Young.

There was a professor of math that opposed this product for the cost. The company paid for him to come and show them how you could do this your self and why it would benefit you to do this your self. After all, it was developed by aeronautical engineers…you know the rocket scientist. By end week, he not only retracted his statement he is on the product. Here are some facts that the average American does not know that I have learned through my growth financially with this program:

Outside of Asia, Americans pay more interest to own their homes.

In Australia the average home price is 250,000 and they make less than Americans. They average pay off time on their mortgages are 11 years.

In Other countries (Scotland, England, Australia) the banks show them how to use this method as to how to pay off their mortgage notes on average of 11 years. (This is where this program stems from, the success of other countries)

Our banking system does not want this program in America because they will loose all this interest that you pay to THEM…you know, the good ole banks who have are backs.

If we quit paying all the interest monthly and can get out of debt this will help our economy thrive.

The bulk of Americans money goes to Insurance, Interest, Debt and taxes.

It takes 21 years of paying on your home to even get to the half way mark of paying your home off. All those years are almost all interest payments. 21 years!!!!

What ever the price you finance you almost always pay double the amount to pay it off. You pay 100% in interest by time you are done most of the time!

There is a 97.5% retention rate of peple who sign up.

There is a money back guarentee if you follow the software prompts.

Most people pay their homes off in less than 11 years because they have a tool to help them instead of ripping them off. No addition charges of upgrades. It works on ALL debt-not just your house payment. Those who understand compound interest are destined to earn it, those who don't are destined to pay it.

This program will not only help you get out of debt it-it is so much more. I think if you wait to see what other people say about what to do we get caught in the herd of cattle being cattled along. There are better ways and their is hope to not owe a single penny to any one. I am a math person so it made sense to me. You should at least check it out for your self before you let someone who just loves to have a webpag to make themselfs feel smart tell you what to do. What if you could pay your home off and start using that money to save for your kids college and then even if you had to borrow you could pay simple interest instead of compound interest? What if you could take all the interest you pay a month and make interest on it. How much are you saving on 19 years of savings in general. What do you have to loose by looking at it. My suggestion, take it to your accountant and see what he has to say about it. I know many who are telling their people to get on it. Mine did and I could not thank him enought for being open minded enough to look at the programa and see past the sticker price. Don't be penny smart and dollar dumb!