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  • The Smarter Way to Borrow with the All In One Loan

The Smarter Way to Borrow with the All In One Loan

  • December 13, 2017

As a whole, the mortgage industry has largely stopped innovating.  In fact, the 30-year fixed-rate mortgage is a byproduct of the Great Depression.  As a method to kickstart the economy, lenders developed this type of financing to make homeownership achievable for Americans of all income brackets, by simply adding decades to the repayment schedule. And while the fixed-rate mortgage hasn’t changed since, arguably, the needs of homeowners has. In many cases, other types of mortgage financing could be better suited to fit the borrower’s financial profile, like CMG Financial’s All In One LoanTM.

With a traditional fixed-rate mortgage, payments are applied toward interest primarily first.  Hundreds of thousands of dollars of household resources are consumed by mortgage interest over the term of a loan leaving little to fund other important financial needs such as saving for retirement or a child’s college education.  With the All In One LoanTM, it’s the opposite. Payments are applied toward principal first reducing the cost of monthly mortgage interest.  In addition, the All In One LoanTM bundles the borrowers home financing needs with personal banking functionality into one account.

Paychecks, as well as any other idle funds, can be deposited directly into the All In One LoanTM which immediately lowers their daily principal balance by an equal amount. The lower their daily principal balance, the less monthly interest they are charged.  Borrowers can access their funds at any time and pay regular bills and expenses through the full-service checking account features like normal.  But with the All In One LoanTM those valuable income dollars are maximized and used to save borrowers tens of thousands in mortgage interest payments instead of sitting idle, earning little to no interest at all. 

As a result of All In One LoanTM financing, borrowers can pay-off years earlier, access equity dollars without refinancing and reduce the total price of their home signifcantly. It truly is The Smarter Way To Borrow®.

To learn more about the All In One Loan visit www.aioloan.com or www.aioloan.net.

 

Doug Luza
Branch Manager
NMLS # 311377
Branch NMLS # 1198991


Doug Luza

PHONE: (832) 575-2210
dluza@cmgfi.com

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© CMG Financial, All Rights Reserved. CMG Financial is a registered trade name of CMG Mortgage, Inc., NMLS ID #1820 in most, but not all states. CMG Mortgage, Inc. is an equal opportunity lender with corporate office located at 3160 Crow Canyon Road, Suite 400, San Ramon, CA 94583 888-264-4663. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act No. 4150025; AK #AK1820; AZ #0903132; Colorado regulated by the Division of Real Estate; Georgia Residential Mortgage Licensee #15438; Illinois Residential Mortgage Licensee; Kansas Licensed Mortgage Company #MC.0001160; Massachusetts Mortgage Lender License #MC1820 and Mortgage Broker License #MC1820; Mississippi Licensed Mortgage Company Licensed by the Mississippi Department of Banking and Consumer Finance; Licensed by the New Hampshire Banking Department; Licensed by the NJ Department of Banking and Insurance; Licensed Mortgage Banker – NYS Department of Financial Services; Ohio Mortgage Broker Act Mortgage Banker Exemption #MBMB.850204.000; Licensed by the Oregon Division of Financial Regulation #ML-3000; Rhode Island Licensed Lender #20142986LL; and Licensed by the Virginia State Corporation Commission #MC-5521. CMG Mortgage, Inc. is licensed in all 50 states and the District of Columbia. Offer of credit is subject to credit approval. For information about our company, please visit us at www.cmgfi.com. To verify our complete list of state licenses, please visit www.cmgfi.com/corporate/licensing and NMLS Consumer Access (www.nmlsconsumeraccess.org).