Bimmerbill
Thinks s/he gets paid by the post
- Joined
- Jan 26, 2006
- Messages
- 1,647
My little brother is buying a house and his real estate lawyer told him about this. Its some sort of plan where your paycheck gets deposited into a home equity line of credit, which in turn pays your primary mortgage. They claim it pays off your primary mortgage much faster.
I remember reading something about it, somewhere. But of course, now that my brother asked, I can't remember where.
His info is from U First Financial, something called the Money Merge Account.
Anyone have a link to a write up, reveiw or something? Wish I could remember where I saw it...
I remember reading something about it, somewhere. But of course, now that my brother asked, I can't remember where.
His info is from U First Financial, something called the Money Merge Account.
Anyone have a link to a write up, reveiw or something? Wish I could remember where I saw it...