***Mortgage Pro's: Huge Independent Income Opp***

[damani]

Hello and thank you you for taking the time to look at my post.

Here’s an opportunity to add another revenue stream to your loan origination income, DESPITE the current fallout of the subprime market. The Money Merge (MMA) account is a product that will bring added value to your existing product(s) and service(s), by helping your clients PAY OFF THEIR 30 YEAR MORTGAGES in about 8 to 11 YEARS, with no change to their current lifestyle or refinancing of their existing mortgage.


With the Money Merge Account (MMA) we can show you how to pay off your 30 year mortgage in as little as 8 to 10 years without increasing minimum monthly mortgage payments and without any lifestyle changes, and potentially save tens or even hundreds of thousands of dollars in interest charges. Not a bi-weekly or debt roll down program. Refinancing of your existing mortgage not necessary, and no extra income is needed.

Go to u1stfinancial.com and click on “Watch MMA video tour” to see for yourself how this product works, and if you’re interested in using this product, feel free to contact me or my partner at your convenience by phone or email, for your free consultation. Our information is below.

Best regards,

Damani


(emgbroker@gmail.com)

[Matthew-HTDI]

Have you heard of that other one from CMG? They have a similar product, but I think the guidelines are pretty tough.

[Massguru]

So, I had a buddy of mine try and sell me on this MMA. It's a software package that you sell to your customer for like $3-4,000 and you get a nice commission. It is also a networking marketing model so you build "downlines" and get other people to sell for you. Remember how Pay-Options were the "Cool" way to get every loan you could ever want and you get to "Pick". Well with all the negative media surrounding the Pay Option because it was sold to people that were not financially sophisticated enough to understand it or simply only knew the upside, this "new" MMA is the next to trendy thing to sell because it can make you tons of money, it's so sophisticated that most people will not understand it...they give "numbers" and a 45 minute presentation as to "why" it works and that it "pays for itself"...bottom line. The average borrower is NOT sophisticated, spends too much and lives paycheck to paycheck and often has debt so if you decide to buy into this new trendy software w/a glamorified HELOC and sell it to your customer you better think about what will happen IF they don't do what the software program requires, if they spend too much etc etc. THERE IS A DOWNSIDE TO THIS LOAN. Think about it...the bank gets all the benefits, why?

IT'S A MASSIVE REVOLVING HELOC
THEY GET THEIR PAYMENT EVERY MONTH BECAUSE YOU HAVE TO OPEN A CHECKING ACCOUNT W/THEM THAT IS TIED TO THE HELOC
THEY ARE SURE TO GET THE MONEY BECAUSE YOU DEPOSIT YOUR PAYCHECK INTO THE CHECKING ACCOUNT THAT IS TIED TO THE MORTGAGE

Now they control EVERYTHING about you finances and guess what??? It's still just a HELOC at the end of the day...oh, that requires a software product that costs thousands to manage it.

Oh, yeah and for the statements that it's HUGE in the UK and Autralia, do a search in google on Predatory Lending and you will see these countries have the SAME problems we have here.

[Matthew-HTDI]

So, I had a buddy of mine try and sell me on this MMA. It's a software package that you sell to your customer for like $3-4,000 and you get a nice commission. It is also a networking marketing model so you build "downlines" and get other people to sell for you. Remember how Pay-Options were the "Cool" way to get every loan you could ever want and you get to "Pick". Well with all the negative media surrounding the Pay Option because it was sold to people that were not financially sophisticated enough to understand it or simply only knew the upside, this "new" MMA is the next to trendy thing to sell because it can make you tons of money, it's so sophisticated that most people will not understand it...they give "numbers" and a 45 minute presentation as to "why" it works and that it "pays for itself"...bottom line. The average borrower is NOT sophisticated, spends too much and lives paycheck to paycheck and often has debt so if you decide to buy into this new trendy software w/a glamorified HELOC and sell it to your customer you better think about what will happen IF they don't do what the software program requires, if they spend too much etc etc. THERE IS A DOWNSIDE TO THIS LOAN. Think about it...the bank gets all the benefits, why?

IT'S A MASSIVE REVOLVING HELOC
THEY GET THEIR PAYMENT EVERY MONTH BECAUSE YOU HAVE TO OPEN A CHECKING ACCOUNT W/THEM THAT IS TIED TO THE HELOC
THEY ARE SURE TO GET THE MONEY BECAUSE YOU DEPOSIT YOUR PAYCHECK INTO THE CHECKING ACCOUNT THAT IS TIED TO THE MORTGAGE

Now they control EVERYTHING about you finances and guess what??? It's still just a HELOC at the end of the day...oh, that requires a software product that costs thousands to manage it.

Oh, yeah and for the statements that it's HUGE in the UK and Autralia, do a search in google on Predatory Lending and you will see these countries have the SAME problems we have here.

I love it. Very good explanation... Don't forget to mention, that since it's a LARGE revolving LOC, it also will dramatically lower your score if you max the line out (which most do) and will count against your revolving balances. This program can be done without the $5000 software (which btw, they will include into your LOC so you don't come out of pocket!)... you just have to be a little more financially savvy then Joe Blow Borrower.

The reason I mention the program from CMG Banking, is that you actually have to be in a great financial position to qualify for that product, and have high credit scores... this way LO's can't sell it to everybody and their mother.

PS - I used to be a Mtg Broker in case you were wondering.