1.
Fill out the Money Merge Account application
2. Activate your Money Merge Account
3. Deposit Your
Paycheck
Deposit your paycheck into your current checking and/or
savings account. As soon as the funds clear, the amount you designate is
transferred from your checking and/or savings account into your Money Merge
Account managed line of credit. Because the line of credit is connected to your
home, the money transferred from your checking and/or savings accounts decreases
your mortgage balance, thus reducing the balance in which interest
builds.
4. Pay Your
Bills
Throughout the month, you pay your bills using your Money
Merge Account managed line of credit. With this account, money is immediately
available through checks, debit cards, and ATMs. The amount left after bills
have been paid remains against the balance of your mortgage until you need it,
keeping your mortgage balance as low as possible, further reducing mortgage
interest charges.
5. Follow the system
Follow the promptings of the online Money Merge Account system to
maximize your savings and pay your mortgage off as quickly as possible.*
*Check with your United First Financial agent
to see if the Money Merge Account is right for
you.