Mortgage Free New England
Is the Money Merge Account Right for Me?
The Money Merge Account is a great program for many people, but it's not for everyone. The Money Merge Account is right for you if...
- You currently have a mortgage
- You are able obtain an equity line. (the program can work with lines as low as $10,000 for some)
- Your expenses do not exceed your income.
Different needs with which the MMA can help you
Repaying your mortgage early
Reducing monthly payments/consolidating other debts
Funding a major purchase (new car, home, boat, etc)
Buying a second property
Planning for college tuition
Coping with short-term ill health, unemployment or moving jobs
Planning for maternity
Short term spending (vacation, holiday gifts)
Making the most of an inheritance, windfall, large bonus, or maturing investments
Funding home improvements
The Money Merge Account is quite beneficial to help those with varying payscales, such as those self employed or commission based. Although, it's primary focus is paying down your mortgage as quickly as possible, the Money Merge Account can offer a sense of security in lower income months.
Looking for an Equity Line?
Your best bet is your local bank where you do your regular banking now. Another option if bank financing is not available is Regency Mortgage Corp. Regency Mortgage has a variety of loan products to suit most homeowners' needs.
Have you looked at your budget lately?
Email me at dmorrissette@mortgagefreeconcept.com for a free budget analysis
