As 99% of you know, a Line of Credit (either a Home Equity Line, Personal Line or Business Line will do) is required in order for the Money Merge Account Program to work. Because of the decline in the housing market and many lenders tightening their lending guidelines, Lines of Credit are becoming harder for some to obtain. Well, United First Financial has come up with a temporary fix to this problem. As of April 2, 2008 a Credit Card can now be used with the United First Financial Money... Read Full Story

This news came down the pipeline the other day to all United First Financial Agents. It seems that we can now recruit Agents in Canada! Thank goodness because I get many people contacting me from Canada and want to offer the United First Financial Money Merge Account there. Before everyone from Canada starts contacting me again, I do want to make sure you read this little tid-bit about selling the United First Financial Money Merge Account in Canada: "Sales of the Money Merge Account system... Read Full Story

One of biggest concerns for many Clients and Agents of the United First Financial Money Merge Account has been the issue of frozen HELOCs. I'm sure you have heard the news of a number of banks freezing the HELOCs of their clients because of the decline in the housing market. Banks are literally preventing homeowners from taking money from their HELOCs since they feel people will borrow more then their properties are worth. The biggest problem is the banks aren't looking at individual... Read Full Story

I was browsing the Internet looking at the many different websites on the United First Financial Money Merge Account and came across a couple on why the United First Financial Money Merge Account won't work on a property in Texas. Basically, people think if you live in Texas that you won't qualify for the United First Financial Money Merge Account. Well, I'm here to solve your problems. In a previous post, I explained that you could use other Lines of Credit for the United First Financial... Read Full Story

Some of the questions I've been asked about the United First Financial Money Merge Account are about fees associated with the following situations: 1) What would happen if a person on the United First Financial Money Merge Account were to sell their home 2) After they paid off their home if they can transfer the United First Financial Money Merge Account to another property. Well, a couple of days ago, all Agents received a notice from United First Financial Corporate addressing the... Read Full Story

I have been getting a lot of emails and calls recently concerning the question of why can't you have your HELOC payments automatically taken from your checking account when you are the United First Financial Money Merge Account. Well, I thought I would address this as a post since it seems it is a hot topic. It is true that most banks will give you a lower rate on your HELOC if you elect to have payments for the HELOC automatically withdrawn from your checking account. The interest rate... Read Full Story

I have been getting some emails recently from potential clients whos credit is preventing them from getting a Home Equity Line of Credit for the United First Financial Money Merge Account. So, to help out I decide to provide a Credit Repair Guide which was sent to me showing how to repair your credit. The Credit Repair Guide goes over step-by-step how to repair your credit and even has some sample letters to send the Credit Reporting Agencies. You are more then welcome to download and use... Read Full Story

I just wanted to say "Thank you" to Rebeca G. She is an Agent with United First Financial who is not part of my team, just someone who read my blog on the Money Merge Account. She wasn't getting the support she needed from her team, so she wanted to know if I could help her out. Even though she wasn't on my team I gave her the advice she needed. She called me again about a month later and again I helped her out. I know my experience in the mortgage industry helps a lot with some of the... Read Full Story

There are many people who want to get going with the United First Financial Money Merge Account, but have trouble getting a Home Equity Line of Credit (HELOC). The main reason why people don't qualify is they don't have equity in the property you want to payoff. I wrote in an earlier post (Money Merge: Account Use a HELOC from any property to pay down your mortgage) how you can use a HELOC from another property if you don't have equity in the one you want to pay down. But, what if you don't... Read Full Story

In my last post, I was telling everyone how my brother and I were talking on the phone and he told me he was escrowing for his taxes. I told him to remove them since it would payoff his loan faster with the Money Merge Account. Anyway, he ran a scenario for my in his Money Merge Account Software and it said it would lower his payoff time from 5.75 years to 5.25 years. Well, I have to appologize to everyone who reads this blog, all the United First Financial Agents, their customers and the... Read Full Story