Unique Benefits of the All In One Loan™
Payments are made through deposits into your client’s account rather than a traditional mortgage, directing more money to pay down their principal instead of interest.
Payments through deposits
Funds in their account remain available for 30 years for expenses so they can still tap into their home’s equity, providing flexibility and convenience.
Equity at your fingertips
Borrowers have been able to pay off their home faster than the traditional home loan. Others have used it to do home improvements or buy investment properties
Pay off your mortgage faster
Interest is calculated on the average daily balance of their loan, lowering the monthly interest payments and potentially saving them tens of thousands of dollars over the life of the loan.
Potentially Save on interest
CMG Mortgage, Inc. dba CMG Home Loans, NMLS ID# 1820 (www.nmlsconsumeraccess.org), is an equal housing lender. Licensed by the Virginia State Corporation Commission #MC-5521. Registered Mortgage Banker with the Texas Department of Savings and Mortgage Lending. Licensed by the NJ Department of Banking and Insurance. Licensed by the New Hampshire Banking Department. Mississippi Licensed Mortgage Company Licensed by the Mississippi Department of Banking and Consumer Finance. Georgia Residential Mortgage Licensee #15438. Regulated by the Division of Real Estate (CO). AZ license #0903132. To verify our complete list of state licenses, please visit www.cmgfi.com/corporate/licensing.
CareyAnn & MyMortgageTeam
Sr. Loan Officer, NMLS ID# 160055, GA# 40871, CO# 100533301
There's more to mortgage than a 30-year fixed loan. What if there was a mortgage that could potentially help you accelerate payoff, access home equity whenever you need, and save tens of thousands on excessive interest costs?
With the All In One Loan, you can.
The All In One Loan
810 Crescent Centre Dr. Suite 320, Franklin, TN 37067 | Branch NMLS# 1093019
Payoff Comparison: All In One Loan™ vs. Traditional Mortgages
*Results may vary and rate could rise during the life of the loan. The All In One Loan does not use a traditional amortization schedule. Principal is paid through deposits into the All In One Loan sweep-checking account. Interest is computed based on the nightly unpaid principal balance. Each day’s interest is totaled once each month ends.
**Payment example: If you bought a $1,650,000 home and put 39.39% down, for a loan amount of $1,000,000, with a 30 year loan at a fixed rate of 7.5% (Annual Percentage Rate 7.562%), you would make 360 payments of $6,992.00. Payment stated does not include taxes and insurance, which will result in a higher payment.
All In One Loan
Comparison Loan
Traditional amortizing and interest only loans may slow paydown and add significant interest expense as a result.
Results are driven by the loan balance, the interest rate assumption, and money applied to daily loan principal.
SCENARIO ASSUMPTIONS:
Home Value: $1,650,000
Monthly Living Expenses: $16,000
Monthly Net Income: $30,000