<ul><li>Parent company is Accelerated Equity & Development in Draper, Utah </li></ul><ul><li>Highly successful mortgage co...
Australians pay $100,000 - $150,000  less in interest on their mortgages  than do we Americans.
Asher Institute Findings <ul><li>Historical Overview </li></ul><ul><li>Banks financed 20% of home / 5-7 year balloon  </li...
 
 
Comparison
Investment Possibilities
<ul><li>Three Components of an MMA </li></ul><ul><ul><li>Your 1 st  Mortgage </li></ul></ul><ul><ul><li>Advanced Line of C...
<ul><li>Component #1 </li></ul><ul><ul><li>Your 1 st  Mortgage </li></ul></ul><ul><ul><li>Closed-End Loan: </li></ul></ul>...
Closed-End Loan $200,000 Principal loan amount   6%  Interest $  1,199 Monthly payment x  360 Months  (30 year loan) $431,...
$200,000    Principal Balance 6%    Interest Rate $1,199.10    Monthly Payment Principal Interest Balance Equity Paid Mont...
Prepayment Savings Example $195,000 New principal loan balance   6% Interest rate $  1,199 Monthly payment   337 Months  (...
How can I pay my home off early? <ul><li>Conventional Banking </li></ul><ul><li>Refinance to a lower interest rate </li></...
<ul><li>Component #2 </li></ul><ul><ul><li>2. Advanced Line of Credit  (ALOC) </li></ul></ul><ul><ul><li>Open-End Loan </l...
<ul><li>If you have any kind of debt, you should NOT have your money  stagnating  in a checking or savings account! </li><...
What is an interest cancellation account? <ul><li>Have you ever charged a balance on your credit card? </li></ul><ul><ul><...
Think Bigger… <ul><li>Can you pay your mortgage with a credit card? </li></ul><ul><ul><li>Of course not.  </li></ul></ul><...
Money Merge Account  (MMA) <ul><li>HELOC Functionality </li></ul><ul><li>Becomes your  primary checking account </li></ul>...
$200,000 $40,000 Mortgage HELOC Checking Savings Credit Card Revolving debt 2 nd  mortgage MMA Software
$195,000 $5,000  Funds Transfer Mortgage $5,000 HELOC Funds Transfer:  Borrow money from your  HELOC to pay down your 1 st...
<ul><li>-  $5,000  Funds Transfer </li></ul><ul><li>+ $5,000   Pay Check </li></ul><ul><li>$  0 </li></ul>$195,000 Mortgag...
<ul><li>Sample Family </li></ul><ul><li>$5,000 Monthly income </li></ul><ul><li>-$4,000 Living expense  (mortgage, car pay...
<ul><li>Month 1 $3,500 MMA investment </li></ul><ul><li>$4,000 Expenses </li></ul><ul><li>$7,500 </li></ul><ul><li>$5,000 ...
<ul><li>Month 3 $1,500 </li></ul><ul><li>$4,000 Expenses </li></ul><ul><li>$5,500 </li></ul><ul><li>$5,000 Income </li></u...
<ul><li>Month 4 $4,175.77 </li></ul><ul><li>$4,000 Expenses </li></ul><ul><li>$8,175.77 </li></ul><ul><li>$5,000 Income </...
<ul><li>Month 6 $2,175.77 </li></ul><ul><li>$4,000 Expenses </li></ul><ul><li>$6,175.77 </li></ul><ul><li>$5,000 Income </...
<ul><li>Month 7 $4,096 </li></ul><ul><li>$4,000 Expenses </li></ul><ul><li>$8,096 </li></ul><ul><li>$5,000 Income </li></u...
<ul><li>Month 9 $2,096 </li></ul><ul><li>$4,000 Expenses </li></ul><ul><li>$6,096 </li></ul><ul><li>$5,000 Income </li></u...
<ul><li>Month 10 $4,003.68 </li></ul><ul><li>$4,000 Expenses </li></ul><ul><li>$8,003.68 </li></ul><ul><li>$5,000 Income <...
<ul><li>Month 12 $2,003.68 </li></ul><ul><li>$4,000 Expenses </li></ul><ul><li>$6,003.68 </li></ul><ul><li>$5,000 Income <...
Loan amount: $200,000 $184,811 $184,752 Balance in 1 year: $197,543 MMA Program Conventional Program Starting balance $200...
<ul><li>Money works   </li></ul><ul><li>24 hours a day </li></ul><ul><li>7 days a week  </li></ul><ul><li>365 days a year ...
<ul><li>Component #3 </li></ul><ul><ul><li>3. MMA software and website </li></ul></ul><ul><ul><ul><ul><li>Financial dashbo...
<ul><li>The MMA Website </li></ul><ul><ul><li>Does NOT move money </li></ul></ul><ul><ul><li>Does NOT pay bills </li></ul>...
<ul><li>Utilities </li></ul><ul><li>Food </li></ul><ul><li>Clothing </li></ul><ul><li>Transportation </li></ul><ul><li>Ent...
Funds Transfers How much… - If you transfer too much,  interest charges will eat you up - If you transfer too little,  not...
True Cost How much does that item really cost me over time……
 
 
Create A Retirement Nest Egg <ul><li>Your home is PAID OFF in 10.4 years </li></ul><ul><li>For the remainder of the 19.6 y...
15% - 25% ahead of written guaranteed pay off date  - because the proposal is a  conservative projection - because of the ...
Financial Optometry Report <ul><li>  Option 1   Option 2 </li></ul><ul><li>Years to pay off mortgage    10.4  30 </li></ul...
 
 
For the values you entered: Principal=  $410666   Interest Rate=  5.75%   Amortization Period=  30  years  Starting month=...
DVD CHAPTER 4 <ul><li>Testimonials </li></ul>
<ul><li>Ask for you free </li></ul><ul><li>analysis today!  </li></ul>NEXT STEPS Run your numbers and potentially Save Tho...
<ul><li>Thank You </li></ul>
BUSINESS OPPORTUNITY <ul><li>MMA Software </li></ul>
U1stFinancial Agent Training <ul><li>Corporate Training </li></ul><ul><li>U1st University </li></ul><ul><li>Live Webinars ...
Independent Agent Commission Plan
Agent Sign-up <ul><li>$175 – one-time fee paid directly to Corporate via secure online website </li></ul><ul><li>Includes ...
Compensation Breakdown <ul><li>Of the $3,500.00 fee </li></ul><ul><li>$1,575.00 is paid out in commission </li></ul><ul><l...
Commission Plan <ul><li>New agents start at  </li></ul><ul><li>$450 on each of 2 Training Sales </li></ul><ul><li>$900 per...
Commission Plan <ul><li>Once an agent does: </li></ul><ul><li>5 Sales  </li></ul><ul><li>They promote themselves to a Sr. ...
Commission Plan <ul><li>Once an agent does: </li></ul><ul><li>11 cumulative sales </li></ul><ul><li>They promote themselve...
Commission Plan <ul><li>Once an agent does: </li></ul><ul><li>18 cumulative group sales </li></ul><ul><li>They promote the...
Commission Plan <ul><li>Once an agent does: </li></ul><ul><li>26 cumulative group sales </li></ul><ul><li>They promote the...
Commission Plan <ul><li>Once an agent does: </li></ul><ul><li>35 cumulative group sales </li></ul><ul><li>They promote the...
Fast Track Program <ul><li>1 Training Sale in 45 days promotes you to Sr. Associate </li></ul><ul><li>Or </li></ul><ul><li...
Override Commission <ul><li>Mary is a Sr. Associate at $1,012, </li></ul><ul><li>she sponsors Robert who is an Associate a...
Management Levels <ul><li>Level I  Branch Manager $225 </li></ul><ul><li>Level II  Branch Manager $125 </li></ul><ul><li>L...
Bonus Pools   <ul><li>Personal Bonus Pool </li></ul><ul><li>Branch Mgr. Pool </li></ul><ul><li>Sr. Branch Mgr. Pool </li><...
<ul><li>Explanation on Elimination of Credit Line </li></ul>
<ul><li>Summary of How Our Program Works </li></ul>First Step Move $5,000 from Credit Line to Mortgage Mortgage   $195,000...
<ul><li>Month 1 </li></ul>Income  $5000 Expenses  $4000 Discretionary income  $1000 Mortgage   $195,000 Credit Line   $  5...
<ul><li>Month 2 </li></ul>Income  $5000 Expenses  $4000 Discretionary income  $1000 Mortgage   $195,000 Credit Line   $  5...
<ul><li>Month 3 </li></ul>Income  $5000 Expenses  $4000 Discretionary income  $1000 Mortgage   $195,000 Credit Line   $  5...
<ul><li>Month 4 </li></ul>Income  $5000 Expenses  $4000 Discretionary income  $1000 Mortgage   $195,000 Credit Line   $  5...
<ul><li>Month 5 </li></ul>Income  $5000 Expenses  $4000 Discretionary income  $1000 Mortgage   $195,000 Credit Line   $  5...
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Payoff Your Mortgage Early

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Pay off your mortage early without refinancing or change your current life style

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  • Welcome to United First Financial!
  • Payoff Your Mortgage Early

    1. 2. <ul><li>Parent company is Accelerated Equity & Development in Draper, Utah </li></ul><ul><li>Highly successful mortgage company for over 10 years </li></ul><ul><li>Invested over $2,000,000 & 2 years developing the MMA software program </li></ul><ul><li>Tested the MMA software program with 400 homeowners in the Denver, Colorado area </li></ul><ul><li>Results: After 2 years 97.6% are actively using the MMA software, and are 20-25% ahead of their original projections </li></ul>
    2. 3. Australians pay $100,000 - $150,000 less in interest on their mortgages than do we Americans.
    3. 4. Asher Institute Findings <ul><li>Historical Overview </li></ul><ul><li>Banks financed 20% of home / 5-7 year balloon </li></ul><ul><li>15 year Term introduced </li></ul><ul><li>30-year term was designed specifically for people who couldn’t qualify for a 15-year term </li></ul><ul><li>30-year punished them severally due to way loan amortizes </li></ul><ul><li>Lenders and consumers focus on Low Fixed Rates and Low Fixed Payments </li></ul>
    4. 7. Comparison
    5. 8. Investment Possibilities
    6. 9. <ul><li>Three Components of an MMA </li></ul><ul><ul><li>Your 1 st Mortgage </li></ul></ul><ul><ul><li>Advanced Line of Credit (ALOC) </li></ul></ul><ul><ul><li>MMA Software & Web Site </li></ul></ul>
    7. 10. <ul><li>Component #1 </li></ul><ul><ul><li>Your 1 st Mortgage </li></ul></ul><ul><ul><li>Closed-End Loan: </li></ul></ul><ul><ul><li>The bank will ONLY apply monies once a month to this type of loan and will only apply a full payment to adjust principal balance </li></ul></ul>Component #1 -Your 1 st Mortgage
    8. 11. Closed-End Loan $200,000 Principal loan amount 6% Interest $ 1,199 Monthly payment x 360 Months (30 year loan) $431,677 Total repayment -$200,000 Principal loan amount $231,677 Total interest paid
    9. 12. $200,000 Principal Balance 6% Interest Rate $1,199.10 Monthly Payment Principal Interest Balance Equity Paid Month 1 Month 2 Year 1 Year 5 Year 10 Year 21 Year 30 $199.10 $1,000.00 $200.10 $999.00 $210.33 $988.77 $197,543 $2,457 $14,389 $267.22 $931.88 $186,108 $13,891 $71,946 $360.44 $838.66 $167,371 $32,628 $143,891 $696.23 $502.89 $99,877 $100,123 $302,173 $431,677
    10. 13. Prepayment Savings Example $195,000 New principal loan balance 6% Interest rate $ 1,199 Monthly payment 337 Months (23 Months Saved) $231,677 Original interest paid $203,373 New interest paid $ 28,304 -$ 5,000 Additional principal payment $ 23,304 Total Savings
    11. 14. How can I pay my home off early? <ul><li>Conventional Banking </li></ul><ul><li>Refinance to a lower interest rate </li></ul><ul><li>Apply additional money to each payment </li></ul><ul><li>Bi-weekly payment </li></ul><ul><li>Money Merge Account system </li></ul><ul><li>No refinancing necessary of your 1 st mortgage </li></ul><ul><li>No alteration to your current standard of living </li></ul>
    12. 15. <ul><li>Component #2 </li></ul><ul><ul><li>2. Advanced Line of Credit (ALOC) </li></ul></ul><ul><ul><li>Open-End Loan </li></ul></ul><ul><ul><li>The Bank will apply money to this type of loan when received and adjust principal balance multiple times per month. </li></ul></ul>Component #2 -ALOC
    13. 16. <ul><li>If you have any kind of debt, you should NOT have your money stagnating in a checking or savings account! </li></ul>Checking Savings Create an Interest Cancellation Account = “Spending Account” Money goes in and out, but little or no interest is earned. = “Safety Net” – Money is moved here in case we run into hard times. We usually earn 1 – 2% interest on this account.
    14. 17. What is an interest cancellation account? <ul><li>Have you ever charged a balance on your credit card? </li></ul><ul><ul><li>What was the interest rate on that credit card? </li></ul></ul><ul><li>What if you paid the balance in full at the end of the month? </li></ul><ul><ul><li>What would the effective interest rate be for that exact same card? </li></ul></ul><ul><ul><li>You have just created an interest cancellation account!!! </li></ul></ul>
    15. 18. Think Bigger… <ul><li>Can you pay your mortgage with a credit card? </li></ul><ul><ul><li>Of course not. </li></ul></ul><ul><li>We need an account that will work as much like a Checking Account as possible, but still cancel interest. </li></ul><ul><ul><li>A Home Equity Line of Credit (HELOC) would work! </li></ul></ul><ul><ul><ul><li>Unlimited check writing </li></ul></ul></ul><ul><ul><ul><li>Unlimited debit card usage </li></ul></ul></ul><ul><ul><ul><li>Access to YOUR money (and equity) 24/7 </li></ul></ul></ul><ul><ul><ul><li>Open ended interest instead of Front loaded interest (like on our mortgages). </li></ul></ul></ul>***The HELOC MUST have: 1) An interest only payment option, 2) A variable interest rate, and 3) Must be “open ended”.
    16. 19. Money Merge Account (MMA) <ul><li>HELOC Functionality </li></ul><ul><li>Becomes your primary checking account </li></ul><ul><li>Deposit all of your income into HELOC </li></ul><ul><li>Pay all your bills from the HELOC </li></ul><ul><li>Optimum Performance of HELOC </li></ul><ul><li>Deposit the maximum amount of money into the Home Equity Line of Credit </li></ul><ul><li>Keep it in there as long as possible </li></ul>
    17. 20. $200,000 $40,000 Mortgage HELOC Checking Savings Credit Card Revolving debt 2 nd mortgage MMA Software
    18. 21. $195,000 $5,000 Funds Transfer Mortgage $5,000 HELOC Funds Transfer: Borrow money from your HELOC to pay down your 1 st mortgage.
    19. 22. <ul><li>- $5,000 Funds Transfer </li></ul><ul><li>+ $5,000 Pay Check </li></ul><ul><li>$ 0 </li></ul>$195,000 Mortgage $ 0 ALOC
    20. 23. <ul><li>Sample Family </li></ul><ul><li>$5,000 Monthly income </li></ul><ul><li>-$4,000 Living expense (mortgage, car payment) </li></ul><ul><li>$1,000 Discretionary income </li></ul>
    21. 24. <ul><li>Month 1 $3,500 MMA investment </li></ul><ul><li>$4,000 Expenses </li></ul><ul><li>$7,500 </li></ul><ul><li>$5,000 Income </li></ul><ul><li>$2,500 Average Monthly balance </li></ul><ul><li>Month 2 $4,000 Expenses </li></ul><ul><li>$6,500 </li></ul><ul><li>$5,000 Income </li></ul><ul><li>$1,500 </li></ul>$20.83 $12.50
    22. 25. <ul><li>Month 3 $1,500 </li></ul><ul><li>$4,000 Expenses </li></ul><ul><li>$5,500 </li></ul><ul><li>$5,000 Income </li></ul><ul><li>$ 500 </li></ul><ul><li>$3,675.77 Funds transfer </li></ul><ul><li>$4,175.77 Average monthly balance </li></ul>$34.80 Interest Cancellation $17,249 Reduced mortgage by 18 months ` Principal Jump 3 month total $68.13 $220.48 $201.10 $ 19.38 Principal Interest Balance Remaining Payments Month 1 199.10 1,000.00 199,800.90 359 Month 2 200.10 999.00 199,600.80 358 Month 3 201.10 998.00 195,723.93 339 Month 4 220.48 978.62 195,503.45 338 Month 5
    23. 26. <ul><li>Month 4 $4,175.77 </li></ul><ul><li>$4,000 Expenses </li></ul><ul><li>$8,175.77 </li></ul><ul><li>$5,000 Income </li></ul><ul><li>$3,175.77 Average Monthly balance </li></ul><ul><li>Month 5 $4,000 Expenses </li></ul><ul><li>$7,175.77 </li></ul><ul><li>$5,000 Income </li></ul><ul><li>$2,175.77 </li></ul>$26.46 $18.13
    24. 27. <ul><li>Month 6 $2,175.77 </li></ul><ul><li>$4,000 Expenses </li></ul><ul><li>$6,175.77 </li></ul><ul><li>$5,000 Income </li></ul><ul><li>$1,175.77 </li></ul><ul><li>$2,920.23 Funds transfer </li></ul><ul><li>$4,096 Average monthly balance </li></ul>$34.13 Interest Cancellation $12,274 Reduced mortgage by 16 months ` Principal Jump 6 month total $146.85 $238.41 $222.69 $ 15.72 6 month total Interest Cancellation $29,523 6 month total Reduced mortgage by 31 months Principal Interest Balance Remaining Payments Month 4 220.48 978.62 195,503.45 338 Month 5 221.58 977.52 195,281.87 337 Month 6 222.69 976.41 192,138.94 323 Month 7 238.41 960.69 191,900.53 322 Month 8
    25. 28. <ul><li>Month 7 $4,096 </li></ul><ul><li>$4,000 Expenses </li></ul><ul><li>$8,096 </li></ul><ul><li>$5,000 Income </li></ul><ul><li>$3,096 Average Monthly balance </li></ul><ul><li>Month 8 $4,000 Expenses </li></ul><ul><li>$7,096 </li></ul><ul><li>$5,000 Income </li></ul><ul><li>$2,096 </li></ul>$25.80 $17.47
    26. 29. <ul><li>Month 9 $2,096 </li></ul><ul><li>$4,000 Expenses </li></ul><ul><li>$6,096 </li></ul><ul><li>$5,000 Income </li></ul><ul><li>$1,096 </li></ul><ul><li>$2,917.68 Funds transfer </li></ul><ul><li>$4,003.68 Average monthly balance </li></ul>$33.36 Interest Cancellation $11,155 Reduced mortgage by 14 months ` Principal Jump 9 month total $223.48 $256.59 $240.80 $ 15.79 9 month total Interest Cancellation $40,678 9 month total Reduced mortgage by 42 months Principal Interest Balance Remaining Payments Month 7 238.41 960.69 191,900.53 322 Month 8 239.60 959.50 191,660.93 321 Month 9 240.80 958.30 188,502.45 309 Month 10 256.59 942.51 188,245.86 308 Month 11
    27. 30. <ul><li>Month 10 $4,003.68 </li></ul><ul><li>$4,000 Expenses </li></ul><ul><li>$8,003.68 </li></ul><ul><li>$5,000 Income </li></ul><ul><li>$3,003.68 Average Monthly balance </li></ul><ul><li>Month 11 $4,000 Expenses </li></ul><ul><li>$7,003.68 </li></ul><ul><li>$5,000 Income </li></ul><ul><li>$2,003.68 </li></ul>$25.03 $16.70
    28. 31. <ul><li>Month 12 $2,003.68 </li></ul><ul><li>$4,000 Expenses </li></ul><ul><li>$6,003.68 </li></ul><ul><li>$5,000 Income </li></ul><ul><li>$1,003.68 </li></ul><ul><li>$2,917.67 Funds transfer </li></ul><ul><li>$3,921.35 Average monthly balance </li></ul>$32.68 Interest Cancellation $ 10,184 Reduced mortgage by 14 months ` Principal Jump 12 month total $297.89 $275.04 $199.10 $ 75.94 12 month total Interest Cancellation $50,862 12 month total Reduced mortgage by 53 months Principal Interest Balance Remaining Payments Month 10 256.59 942.51 188,245.86 308 Month 11 257.87 941.23 187,987.99 307 Month 12 259.16 939.94 184.811.16 295 Month 13 275.04 924.06 184,536.12 294 Month 14
    29. 32. Loan amount: $200,000 $184,811 $184,752 Balance in 1 year: $197,543 MMA Program Conventional Program Starting balance $200,000 Balance in 1 year: 10.4 years $70,422 30 years $231,677 $200,000 Balance in 5.5 years: Repayment time Total interest paid Total interest savings: $167,219
    30. 33. <ul><li>Money works </li></ul><ul><li>24 hours a day </li></ul><ul><li>7 days a week </li></ul><ul><li>365 days a year </li></ul><ul><li>It doesn’t take vacations </li></ul><ul><li>It doesn’t call in sick </li></ul><ul><li>It just works and works and works! </li></ul><ul><li>Do you have your money working for you? </li></ul><ul><li>~ or ~ </li></ul><ul><li>Do you have your money working for the bank? </li></ul>
    31. 34. <ul><li>Component #3 </li></ul><ul><ul><li>3. MMA software and website </li></ul></ul><ul><ul><ul><ul><li>Financial dashboard </li></ul></ul></ul></ul><ul><ul><ul><ul><li>Financial planning </li></ul></ul></ul></ul><ul><ul><ul><ul><li>Online account register </li></ul></ul></ul></ul><ul><ul><ul><ul><li>Maximizes money performance </li></ul></ul></ul></ul><ul><ul><ul><ul><li>10 minutes per month to update </li></ul></ul></ul></ul>Component #3 -MMA Software
    32. 35. <ul><li>The MMA Website </li></ul><ul><ul><li>Does NOT move money </li></ul></ul><ul><ul><li>Does NOT pay bills </li></ul></ul><ul><ul><li>Is user friendly software </li></ul></ul><ul><ul><li>Is simple to update </li></ul></ul><ul><ul><li>Is a tracking tool </li></ul></ul><ul><ul><li>Functions as an account register </li></ul></ul><ul><ul><ul><li>Wants to know how much money is coming in </li></ul></ul></ul><ul><ul><ul><li>Wants to know how much money is going out </li></ul></ul></ul><ul><ul><li>Tracks your monthly budget </li></ul></ul><ul><ul><li>Includes continuous customer support </li></ul></ul>Component #3 -MMA Software
    33. 36. <ul><li>Utilities </li></ul><ul><li>Food </li></ul><ul><li>Clothing </li></ul><ul><li>Transportation </li></ul><ul><li>Entertainment </li></ul>
    34. 37. Funds Transfers How much… - If you transfer too much, interest charges will eat you up - If you transfer too little, not enough principal increase - Dollar amounts are different every time How often… - Frequency varies every time
    35. 38. True Cost How much does that item really cost me over time……
    36. 41. Create A Retirement Nest Egg <ul><li>Your home is PAID OFF in 10.4 years </li></ul><ul><li>For the remainder of the 19.6 year mortgage </li></ul><ul><li>$1,199.10 per month </li></ul><ul><li>$1,000.00 discretionary income </li></ul><ul><li> 6% 8% 10% </li></ul><ul><li>$973,000 $1,231,000 $1,575,000 </li></ul>10.4 19.6 30.0 years
    37. 42. 15% - 25% ahead of written guaranteed pay off date - because the proposal is a conservative projection - because of the Report Section (people budget more)
    38. 43. Financial Optometry Report <ul><li> Option 1 Option 2 </li></ul><ul><li>Years to pay off mortgage 10.4 30 </li></ul><ul><li>Effective interest rate 2.085% 6% </li></ul><ul><li>Interest paid $70,422 $231,677 </li></ul><ul><li>Interest saved $167,219 $0 </li></ul><ul><li>Retirement account $1,000,000 $0 </li></ul><ul><li>Pay off at age 50 yrs old 70 yrs old </li></ul><ul><li>Move forward with MMA, or keep doing what you’re doing? </li></ul>
    39. 46. For the values you entered: Principal= $410666 Interest Rate= 5.75% Amortization Period= 30 years Starting month= Jun Starting year= 2006 Monthly Pre-payment= $0 Annual Pre-payment= $ 0.00 For Calendar Year 2018 (Year 13, 18 left) Jan: Principal: $ 833.26    Interest: $ 1563.27    Balance: $ 325414.75 Feb: Principal: $ 837.26    Interest: $ 1559.28    Balance: $ 324577.49 Mar: Principal: $ 841.27    Interest: $ 1555.27    Balance: $ 323736.22 Apr: Principal: $ 845.30   Interest: $ 1551.24   Balance: $ 322890.92 May: Principal: $ 849.35    Interest: $ 1547.19    Balance: $ 322041.57 Jun: Principal: $ 853.42    Interest: $ 1543.12    Balance: $ 321188.15 Jul: Principal: $ 857.51    Interest: $ 1539.03    Balance: $ 320330.64 Aug: Principal: $ 861.62    Interest: $ 1534.92    Balance: $ 319469.03 Sep: Principal: $ 865.75    Interest: $ 1530.79    Balance: $ 318603.28 Oct: Principal: $ 869.89    Interest: $ 1526.64    Balance: $ 317733.39 Nov: Principal: $ 874.06    Interest: $ 1522.47    Balance: $ 316859.32 Dec: Principal: $ 878.25    Interest: $ 1518.28    Balance: $ 315981.07 FOR 2018: Interest= $ 18491.49    Principal= $ 10266.94    Balance= $ 315981.07 The MMA software analysis showed I will be paid off by April 2018 Still owe $322,890.92 George Veronis Mortgage Amortization
    40. 47. DVD CHAPTER 4 <ul><li>Testimonials </li></ul>
    41. 48. <ul><li>Ask for you free </li></ul><ul><li>analysis today! </li></ul>NEXT STEPS Run your numbers and potentially Save Thousands of Dollars!
    42. 49. <ul><li>Thank You </li></ul>
    43. 50. BUSINESS OPPORTUNITY <ul><li>MMA Software </li></ul>
    44. 51. U1stFinancial Agent Training <ul><li>Corporate Training </li></ul><ul><li>U1st University </li></ul><ul><li>Live Webinars </li></ul><ul><li>Regional and City VIP Trainings </li></ul><ul><li>9-5(MST) Toll Free Agent Support </li></ul><ul><li>Team Training </li></ul><ul><li>Daily Access to trainers </li></ul><ul><li>Webinars, net meeting, team training website </li></ul><ul><li>Local events and trainings </li></ul>
    45. 52. Independent Agent Commission Plan
    46. 53. Agent Sign-up <ul><li>$175 – one-time fee paid directly to Corporate via secure online website </li></ul><ul><li>Includes a welcome package with letter sized bi-fold, DVD’s, info </li></ul><ul><li>Replicated website </li></ul><ul><li>Analysis Software Access </li></ul><ul><li>Course Study Material and Certification Test </li></ul>
    47. 54. Compensation Breakdown <ul><li>Of the $3,500.00 fee </li></ul><ul><li>$1,575.00 is paid out in commission </li></ul><ul><li>$700.00 is paid out for Management Levels </li></ul><ul><li>$225.00 additional is paid out in bonus pools </li></ul><ul><li>__________ </li></ul><ul><li>$2,500.00 total pay out </li></ul>
    48. 55. Commission Plan <ul><li>New agents start at </li></ul><ul><li>$450 on each of 2 Training Sales </li></ul><ul><li>$900 per sale once Trained </li></ul><ul><li>Branch mgr. </li></ul><ul><li>Director </li></ul><ul><li>Division mgr. </li></ul><ul><li>District mgr. </li></ul><ul><li>Sr. Associate </li></ul><ul><li>Associate $900 </li></ul>
    49. 56. Commission Plan <ul><li>Once an agent does: </li></ul><ul><li>5 Sales </li></ul><ul><li>They promote themselves to a Sr. Associate </li></ul><ul><li>(2 must be Personal) </li></ul><ul><li>$1,012 per sale </li></ul><ul><li>Branch mgr. </li></ul><ul><li>Director </li></ul><ul><li>Division mgr. </li></ul><ul><li>District mgr. </li></ul><ul><li>Sr. Associate $1,012 </li></ul><ul><li>Associate $900 </li></ul>
    50. 57. Commission Plan <ul><li>Once an agent does: </li></ul><ul><li>11 cumulative sales </li></ul><ul><li>They promote themselves to a District mgr. </li></ul><ul><li>(4 cumulative personal sales) </li></ul><ul><li>$1,125 per sale </li></ul><ul><li>Branch mgr. </li></ul><ul><li>Director </li></ul><ul><li>Division mgr. </li></ul><ul><li>District mgr. $1,125 </li></ul><ul><li>Sr. Associate $1,012 </li></ul><ul><li>Associate $900 </li></ul>
    51. 58. Commission Plan <ul><li>Once an agent does: </li></ul><ul><li>18 cumulative group sales </li></ul><ul><li>They promote themselves to a Division mgr. </li></ul><ul><li>(7 cumulative personal sales) </li></ul><ul><li>$1,237 per sale </li></ul><ul><li>Branch mgr. </li></ul><ul><li>Director </li></ul><ul><li>Division mgr. $1,237 </li></ul><ul><li>District mgr. $1,125 </li></ul><ul><li>Sr. Associate $1,012 </li></ul><ul><li>Associate $900 </li></ul>
    52. 59. Commission Plan <ul><li>Once an agent does: </li></ul><ul><li>26 cumulative group sales </li></ul><ul><li>They promote themselves to a Director mgr. </li></ul><ul><li>(10 cumulative personal sales) </li></ul><ul><li>$1,350 per sale </li></ul><ul><li>Branch mgr. </li></ul><ul><li>Director $1,350 </li></ul><ul><li>Division mgr. $1,237 </li></ul><ul><li>District mgr. $1,125 </li></ul><ul><li>Sr. Associate $1,012 </li></ul><ul><li>Associate $900 </li></ul>
    53. 60. Commission Plan <ul><li>Once an agent does: </li></ul><ul><li>35 cumulative group sales </li></ul><ul><li>They promote themselves to a Branch mgr. </li></ul><ul><li>(13 cumulative personal sales) </li></ul><ul><li>$1,575 per sale </li></ul><ul><li>Branch mgr. $1,575 </li></ul><ul><li>Director $1,350 </li></ul><ul><li>Division mgr. $1,237 </li></ul><ul><li>District mgr. $1,125 </li></ul><ul><li>Sr. Associate $1,012 </li></ul><ul><li>Associate $900 </li></ul>
    54. 61. Fast Track Program <ul><li>1 Training Sale in 45 days promotes you to Sr. Associate </li></ul><ul><li>Or </li></ul><ul><li>2 Training Sales in 60 days promotes you to Sr. Associate </li></ul><ul><li>10 Personal and 25 cumulative sales in a rolling 90 day window promotes you to Branch Manager </li></ul>
    55. 62. Override Commission <ul><li>Mary is a Sr. Associate at $1,012, </li></ul><ul><li>she sponsors Robert who is an Associate at $900 </li></ul><ul><li>Robert makes a training sale with Mary. </li></ul><ul><li>Robert earns $450(training sale 50%) </li></ul><ul><li>Mary earns $450(training sale 50%) + $112($1,012-$900) </li></ul><ul><li>Mary’s trainer is a Division Mgr. and earns $225 ($1,237-$1,012) </li></ul><ul><li>Branch mgr. earns $338 ($1,575-$1,237) </li></ul>Branch mgr. $1,575 Director $1,350 Division mgr. $1,237 District mgr. $1,125 Sr. Associate $1,012 Associate $900
    56. 63. Management Levels <ul><li>Level I Branch Manager $225 </li></ul><ul><li>Level II Branch Manager $125 </li></ul><ul><li>Level III Branch Manager $125 </li></ul><ul><li>Level IV Branch Manager $75 </li></ul><ul><li>Level V Branch Manager $75 </li></ul><ul><li>Level VI Branch Manager $75 </li></ul>
    57. 64. Bonus Pools <ul><li>Personal Bonus Pool </li></ul><ul><li>Branch Mgr. Pool </li></ul><ul><li>Sr. Branch Mgr. Pool </li></ul><ul><li>Executive Bonus Pool </li></ul><ul><li>Sr. Executive Bonus Pool </li></ul><ul><li>3 sales per month $60 </li></ul><ul><li>15 sales in your Branch $65 </li></ul><ul><li>20 sales, 2 level I Branch mgrs. $40 </li></ul><ul><li>35 sales, 4 Level I Branch mgrs. $30 </li></ul><ul><li>75 sales, 6 Level I Branch mgrs.1-6 $30 </li></ul>Must re-qualify each month
    58. 65. <ul><li>Explanation on Elimination of Credit Line </li></ul>
    59. 66. <ul><li>Summary of How Our Program Works </li></ul>First Step Move $5,000 from Credit Line to Mortgage Mortgage $195,000 Credit Line $ 5,000 Credit Line $10K $5K $0 Mortgage $200,000 Credit Line $ 60,000 Savings Savings of $23,000 of Interest on Mortgage
    60. 67. <ul><li>Month 1 </li></ul>Income $5000 Expenses $4000 Discretionary income $1000 Mortgage $195,000 Credit Line $ 5,000 Credit Line $10K $5K $0 Credit Line Credit Line $ 9K $10K $10K $ 4K $0 $0
    61. 68. <ul><li>Month 2 </li></ul>Income $5000 Expenses $4000 Discretionary income $1000 Mortgage $195,000 Credit Line $ 5,000 Credit Line $10K $0 Credit Line Credit Line $ 8K $10K $10K $ 4K $0 $0 $ 3K
    62. 69. <ul><li>Month 3 </li></ul>Income $5000 Expenses $4000 Discretionary income $1000 Mortgage $195,000 Credit Line $ 5,000 Credit Line $10K $3K $0 Credit Line Credit Line $ 7K $10K $10K $ 2K $0 $0
    63. 70. <ul><li>Month 4 </li></ul>Income $5000 Expenses $4000 Discretionary income $1000 Mortgage $195,000 Credit Line $ 5,000 Credit Line $10K $ 2K $0 Credit Line Credit Line $ 6K $10K $10K $ 1K $0 $0
    64. 71. <ul><li>Month 5 </li></ul>Income $5000 Expenses $4000 Discretionary income $1000 Mortgage $195,000 Credit Line $ 5,000 Credit Line $10K $1K $0 Credit Line Credit Line $ 5K $10K $10K $0 $0
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