| CMG Mortgage Reviews
CMG Mortgage is based in San Ramon, California and is owned by Chris George. Have you had experience with this company? We would like to hear about your expriences.
Do you qualify for a CMG Mortgage loan?
Use this search box to see if the HOA loan is available in your state.
What is the HOA Loan?
CMG Mortgage's major loan is the HOA Loan - CMG Mortgage says: The Home Ownership Accelerator makes one simple change
in your financial life. It combines your checking account with your
home loan. So you flow all of your personal cash against your loan
balance. Why is this a big deal? The money currently in your checking
account earns close to nothing. In the Accelerator account, your
money will "earn" your home loan rate (a much better return)
because:
- Your income lowers your monthly balance.
- The lower balance saves you interest.
- The saved interest becomes extra principal payment.
- This further lowers your balance, saving more interest.
- This frees up even more money to reduce principal.
- This cycle repeats itself each month, compounding your interest
savings and accelerating the reduction of your debt.
|