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The Money Merge Account system and service is designed to work around the homeowners’ existing lifestyle. This system helps to provide homeowners with tools, service and education on how to reduce both the interest and time owing on their existing mortgage by repositioning their unused idle money, which normally sits in their accounts along with their regular monthly expense money against their outstanding loan balance until it is otherwise needed. When money is needed for expenses, it can be accessed through their line of credit. This system helps homeowners to strategically position their money where it provides much more financial benefit than “sitting stagnant” in a standard checking or savings account. Because the homeowners regular expense money and the money the homeowner normally leaves in their account is strategically repositioned against the balance on their line of credit until it is otherwise needed, the homeowner is in reality reducing the time and interest owing on their mortgage without requiring them to change their lifestyle. Because of how the Money Merge Account system works, homeowners now utilize their unused idle money and expense money to help reduce interest charges on their line of credit until it is otherwise needed, without increasing their minimum required monthly payment. Intricate financial details programmed into the Money Merge Account software help to better educate homeowners and assist in some of the greatest time and interest savings possible.
