The Money Merge Account
Program uses an advanced equity line of credit as a vehicle
or a tool to drive the program. The equity line of credit must
have the capacity to operate similarly to a primary
checking account and be set up with an open-end interest calculation (rather
than a closed-end interest calculation).
Combined with the Money Merge Account’s
web-based system, this creates a formula in which the money
in your line of credit account generates an interest cancellation
on your primary mortgage.
The online Money Merge Account
system makes a connection between your bank account, the advanced
line of credit, and your primary mortgage. Each time you deposit
income into your account, it registers as a decrease to your
mortgage balance.
By decreasing your mortgage balance, you
now lower the balance on which interest accrues. By decreasing
the balance on which interest accrues, you increase the portion
of your monthly payment which is credited toward your principal
pay down. The algorithms in the proprietary Money Merge Account
system are systematically programmed to create the highest interest
savings possible in the least amount of time. |
