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Articles » Finances » Real-Estate
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United First Financial And The Money Merge Account Now Available In Texas
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Popularity: 
Views: 147
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2008-06-03 05:39:21
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Article by Oscar Garcia |
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After careful research, UFirst has adapted the Money Merge Account system for Texas availability.
There are three types of credit lines that are compatible with the system's normal operation:
- Personal Lines of Credit (PLOC)
- Business Lines of Credit (BLOC)
- Credit Card
If a client wants to use a Home Equity Line of Credit (HELOC) in Texas, they must fulfill certain requirements. The client is required to submit a handwritten letter acknowledging certain restrictions with version 3 of the software.
Version 4 of the software due to be released in July will have modifications to handle the Texas HELOC.
Please visit with your U1st agent for complete requirements.
Stay tuned for more exciting information regarding Version 4.
The Money Merge Account system is a powerful tool that enables homeowners to pay off a 30-year mortgage in as little as one-third of the time, without refinancing their existing mortgage or increasing minimum required monthly payments. The system incorporates the homeowners' checking and savings accounts with an advanced line of credit (ALOC), then helps to strategically and incrementally position their money where it provides much more financial benefit than "sitting stagnant" in a standard checking or savings account until it is otherwise needed. Complex financial details programmed into the Money Merge Account software help to better educate the homeowners and assist in some of the greatest time and interest savings possible. This program is not intended for all homeowners, as no one program is right for everyone. We encourage you to get the facts before deciding if this program is right for you.
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United First Financial
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The Money Merge Account
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Texas
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