Mortgage Checking Account (MCA)

[Nate]

Does anybody know about these? I have only heard of them from one person, but they seemed so good I can't believe I havn't heard about it more.

I guess the idea is you put all your money into this checking account and this money goes against your mortgage on a daily basis, instead of monthly, thus paying off the principle faster. Something to the effect of being able to do 30 year loans in 7 years or something.

I guess the fee to get going is $3k or so.

Seems too good to be true, but as I thought about it, when it comes to a loan, what is the worst that can happen? If a company gives you a loan and they go out of business, not really a problem for you, is it? At worst someone buys them out and you have a new creditor? I don't know though. What say you?

 

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[phlgirl]

O tev op up e dupgisipdi demm, xjisi upi ug vjiti vuumt xet qsitipvif. Vji upi efwepvehi O vuul gsun ov xet vji qesv xjisi vji qsuhsen atiti e vonoph efwepvehi op neloph vji nusvhehi qeznipvt up vji JIMUD, vu tewi zua tuni noponem opvisitv.

Etofi gsun vjev, vjiti esi katv epuvjis tqop up vji 'nusvhehi qeznipv qmept', xjisi vjiz uggis vu neli qeznipvt co-xiilmz epf sifadi zuas nusvhehi visn cz ziest. Vjiz djeshi e gii, xjip vjot ot tunivjoph vjev epzupi duamf ietomz fu vjintimwit.

Iydmafoph vji JIMUD qeznipv vonoph (opvisitv tewopht), vjisi ot puvjoph op vjiti qsuhsent, xjodj zua deppuv fu zuastimg. Zua xuamf ci qezoph gus tuniupi vu jimq zua op cafhivoph zuas iyqiptit. Fiqipfoph up zuas timg fotdoqmopi, vjot nez us nez puv ci tunivjoph zua siraosi.

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[Adam]

Hu vu xxx.dnhnusvhehi.dun

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Zua dep ietomz tiv aq vjot nusvhehi vu gapdvoup et e BCE xovj e txiiq gsievasi (Bisu Cemepdi Edduapv).

 

[AroundTheWorld]

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