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Money Merge Account™ Qualifications |
The Money Merge Account™ has very minimal qualifications.
Obviously, you need to have a mortgage that you are trying to eliminate. It does not matter what what kind of mortgage you have. The Money Merge
Account™ will help anyone. People with adjustable rate, interest only, or negative amortization loans can benefit emmensly from this program
because these type of loans build equity slower that a fixed rate loan.
Good credit is also a benefit as you will need to qualify for the ALOC or HELOC. Better credit means lower interest rate and more money saved!
Considering that you will be applying for a ALOC or HELOC, you will probably need at least $10,000 in equity.
It is safe to assume that if you are reading this, you are probably a responsible diciplined homeowner and spend less than you earn. This practice is
essential in order for the Money Merge Account™ to work properly. If there is no money left over after bills, there will be no money extra money
available to help save you interest. Ideally, you should have at least 10% left over after all bills.
Frequently Asked Questions
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