Be Mortgage Free!
U1stFinancial promises to assist you in becoming mortgage-free in 1/3 of the time…without increasing your standard monthly expenses. In today's housing bubble, Prudent homeowners are tryng to pay off their mortgages. However, utilizing the standard way…Extra payments is nearly impossible
For example:
Most homeowners assume that they will owe about half of their mortgage loan after 15 years (of a 30year mortgage).
Unfortunately, on a normal $200,000 loan at 7% interest rate, the monthly principle and interest payment would be $1,330. You may be astounded to know that only $164 of the first mortgage payment goes toward the principle balance. Putanother way...only 12% of the $1330 payment goes to pay down the principle balance, the rest is purely interest payment. With this in mind it's easy to see why it's so difficult to eliminate a normal 30 year fixed mortgage.
This situation creates an opportunity for companies like U1stFinancial. This company uses strategies that drastically reduces the monthly interest requirement enabling more of the payment to go to the principle balance U1stFinancial aims to help as many people realize the dream of becoming completely mortgage-free.
Sherry Collins, a U1stFinancial customer says, "...Now that I’ve started, it’s hard for me to even explain to people how much it really helps. I have so much more flexibility with my money. It makes it possible for me to achieve my goals. I know that it will save me money because it is already allowing to use my money above and beyond what I thought it would..." There are many more testimonials similar to this one at: http://www.u1stfinancial.com
It is only fair to point out that there is a potential barrier. There can be an upfront cost of $3,500 to get started with U1st Financial. This is a show stopper for some borrowers because they can't get past the start up cost Additionally, there are other programs that teach similar techniques for less cost. In fact one new program offers a similar program for only $200. That's a $3,300 savings. The program is located at:
http://www.nohousedebt.com
In summary U1stfinancial offers a program that has been a success and saved many borrowers lots of money. If the borrower has positive cash flow, good financial management skills, and is willing to educate themselves then this program can work. However, due diligence is recommended as there are now alternative programs that can offer similar value for less cost.
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