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United First Financial (UFirst)

United First Financial (UFirst) Review



Overall 5.00 of 5 (by 1 user)



Pay off your home mortgage quicker!
5 star rating

practical, value conscious, very happy with this product
Pros

    has been done in Europe for years, has been done in Canada for years, cancels interest, easy to use, completely legal, tutorial online, agents are very helpful

Cons
    banks don't want you to know this

AUG
23
2007

You hear the commercials on the radio about paying off your mortgage in half the time. Those are usually very easy programs where you pay half your mortgage payment twice a month, rather than all at once during the month. That will save you an incredible amount of interest. Also paying a little extra each month, even if it's $10 or $50, will also save you interest.

This program I have found out about, and joined, is incredible. Sure, the US banks don't want you to know about it. Because interest is where they make alot of their money.  Did you realize that on a $200,000 home, if you pay every month for 30 years (at 6%) based on the bank's payment schedule, that the interest you paid at the end of 30 years is $231,000 -- that's more than the house originally cost!

 So, how can you get out from under this. Most consumers, middle class, are in a downward spiral and have to keep "robbing Peter to pay Paul".  This new system that has been used in other countries for years, is so incredible, that I signed up to be an agent the very same week I saw it.  (I am very jaded and it takes alot to impress me).

Any kind of mortgage works with this system, from any lender. You must qualify...some people will, some won't. You can contact an agent and they will run your numbers for you, to see if it will work for you.

First, view the online video at www.u1stfinancial.net/monamotz and see the video tour underneath the email link.

I_thumb_up United First Financial (UFirst) is recommended by monamotz


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I_comment_shdw24 Comments about monamotz’s Review



JimmyDaGeek wrote on Jun 13, 2008 at 7:45AM


Here is an unbiased magazine link about MMA: http://www.kiplinger.com/magazine/archives/2008/05/prepay_mortgage.html There are a few sites, www.fatwallet.com, www.scam.com, that discuss MMA. While it is not a scam, it is not worth $3500 if you can simply write a check to pay extra principal each month. An MMA presentation will impress you with the amount of interest you are saving, but they won't compare their plan to simply doing it yourself. MMA will end up costing your more money and more time than simply doing it yourself. This is math, not opinion. Why the difference? Because MMA keeps way too much money in their HELOC. This costs you extra interest and time.


tj222 wrote on May 15, 2008 at 11:56AM


In response to basera's comment from Nov 26, 2007 at 10:42PM:

I am seeking to buy the software because like most Americans i know, i dont have the discipline to invent my own system and follow it. The advantage to me is that if I overspend money on vacation it will recalibrate itself to show me what that money really cost me in terms my goals. Heck most people would refinance from a 7% to a 5.75% and feel great about spending 8K in equity to do so, when really it only saves a couple hundred dollars a month for the NEXT 30 years (still not cutting it in half) My salesman did a bad job presenting the product and im still ramping up to buy. Not only that i think i can do a better job presenting the product and make a thousand per sale. 4 sales to make my $ back. Id like to hear from somone who bought it and it actually didnt perform or backfired in some way. Thats the only thing that will stop me from buying at this time. Any takers?


danschaller wrote on May 14, 2008 at 8:52PM


In response to basera's comment from Nov 26, 2007 at 10:42PM:

I just heard the UFiorst pitch today and frankly, I'm intrigued. I'm not sure one could do the same thing without that software, or something like it. The edetails in their alogrithm seem to be complex enought that, with a batch of reverse engineering it could be figured out and re-written into personally written code, but is the time and skill involved woth $3500 (that's the price we were quoted.) Right now, I'm thinking of it as a lot like buying a hybrid car: the price is higher than the same car without the hybrid design, but the payback, albeit over a long time, is better. It seems like a reasonable investment. One of the problems with a 'scheme' (in the British definition: design or plan) like this seems a lot like a scheme in the US definition (slippery; illogical) because it seems too good to be true. However, so wass the concept of a hybrid car (the analogy keeps coming back to me, appropriate or otherwise!).


MtnBranch wrote on Feb 15, 2008 at 7:10PM


In response to basera's comment from Nov 26, 2007 at 10:42PM:

I would just like to see one person who has actually achieved the results without the software. I have spoken to those who have proof with software. Is there anyone out there who claims they can achieve the same results and has actually done so?


Ponyhater wrote on Nov 28, 2007 at 12:25AM


the idea is that you refinace other debt onto a HELOC and use the heloc like you bank account. Banks are currently freezing helocs because homes are loosing value. If you can't reborrow the money it is trapped in your home. so you are in effect just paying more money into your house each month..... Something to think about. If you simply refinance your other debts and pay the same as your current payments you would pay off your house just as quick. the 5 k for the software is supposedly justified by the fact that it OPTIMIZES your time line, but the value of the 2 payments you cut off in 11 years is much less than the value of that same 5k today. many flaws


basera wrote on Nov 26, 2007 at 10:42PM


Google search results for u1st often reveal opinions that this product is somewhat of a scam given that one can allegedly achieve the same without the pricey software. Have yet to see a good rebuttal. Any takers?