Home Ownership Accelerator

CMG’s Home Ownership Accelerator is “designed to help borrowers accelerate their principal payments as painlessly as possible”. 

-San Francisco Chronicle

CMG’s new loan “could revolutionize the way that Americans pay for their homes.”

-East Bay Business Times

The Home Ownership Accelerator breaks with mortgage tradition by giving you, the borrower, the power to reduce your debt more aggressively. Traditional mortgages give you lots of ways to get into the loan affordably, but offer no tools to help you manage the debt down. The Home Ownership Accelerator does help reduce debt more quickly, simply by putting all your personal income to better use.The Home Ownership Accelerator combines your checking, mortgage and home equity line accounts into one super account. Cash deposited into the account flows directly against your loan balance until you spend it. How does this simple change work so well?
Simple:

 
 
 

 

 

- New 1st line of credit Up to 90% of your homes value.
- You can buy down the margin to have low payments: $600,000= $2,229.50 mo (4.951apr)*.
- 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.

 

For more information contact
a CMG HOA Certified Agent
888-250-2125
admin@homeownershipacceleratorblog.info
AVAILABLE IN ALL STATES EXCEPT:
CT, DC, MA, ME, MS, NH, NJ, NY, PA, RI, TX, VT, WV
*Rate “buy down”, check with lender for all rates, adjustments, Disclosures,fees, etc.

 

Add comment June 5, 2008


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