MMA Benefits
Pay off your mortgage…..
Qualified homeowners using the Money Merge Account system can now potentially pay off their mortgage in as little as 1/3 to 1/2 the regular time – with little to no change to their day-to-day spending habits and without increasing their minimum required monthly mortgage payments.
Reducing monthly payments / including other debts
The Money Merge Account is much more than just an accelerated mortgage payment option.
Buying a second property
Because the Money Merge Account is secured against your home, many times you can spend up to 100% of the property value. So if you’d like to use the equity in your home to buy a second property, it’s ideal!
Funding a major purchase? New car, Holiday Home, Boat etc.
1. The Money Merge Account can help in a number of ways.
Depending on whether you want to build a lump sum of equity to fund a purchase, borrow the money, or do a little of both.
Repaying your mortgage early
When repaying a mortgage,it’s not the rate you pay that’s most important. What matters most is the total amount of interest you pay over the term of your loan.
