We are your dedicated resource for anyone looking to purchase, renovate, or refinance real estate, covering everyone from first-time buyers, investors, seasoned buyers and flippers. Finding the right loan for your situation is crucial, we are here to create the perfect financing plan to fit your goals and get you to the closing table on time.
Use cash flow from other properties to qualify for your next investment
660
This product may have higher interest rates, more points, or more fees than other products requiring documentation
With our own PLS, we are one of the few lenders who can potentially offer better pricing on second homes, investment properties, and high-balance loans
680
Get from 85-100% of purchase and rehab funds, up to 65-75% of ARV.
(Includes Mixed-Use Properties)
620
As of November 18th, conventional loans only require a 5% down payment on 2-4 unit owner occupied homes (previously 15% for 2 units and 25% for 3-4 units).
Low down payment & credit
requirements
580
3.5%*
Up to $15,000 for 1st time buyers; and $22,000 for first-generation buyers
https://nj.gov/dca/hmfa/roadhome/
Low down payments & cancellable
mortgage insurance
620
3%**
*Payment example: Stated rate may change or may not be available at time of rate lock. If you bought a $350,000 home with a 30 year loan at a fixed rate of 8.5% (9.407% Annual Percentage Rate), with a down payment of 3.5%, for a loan amount of $337,750, you would make 360 monthly payments of $2,537.00. Payment stated does not include mortgage insurance, taxes and homeowners insurance, which will result in a higher payment. **Payment example: Stated rate may change or may not be available at time of rate lock. If you bought a $350,000 home with a 30 year loan at a fixed rate of 8.0% (8.106% Annual Percentage Rate), with a down payment of 3%, for a loan amount of $339,500, you would make 360 monthly payments of $2,491.00. Payment stated does not include mortgage insurance, taxes and homeowners insurance, which will result in a higher payment.
This first-of-its-kind HELOC financing option combines mortgage and traditional checking accounts to help owners potentially save tens of thousands on excessive interest costs and sometimes pay off their homes 2x–4x faster.
This program allows sellers to buy down the interest rate on their departing residence and advertise it to home buyers to help make their listing more attractive and sell faster.
This innovative down payment assistance program helps buyers grow down payment funds by raising money through an online campaign and accepting gifts from anyone with a credit or debit card. Plus, buyers get a 2-to-1 matching grant of up to $2,000.*
*Grant is a $2-to-$1 match on regular down payment gifts received on HomeFundIt™, up to the lesser of $2,000 or 1% of purchase price for first time buyers, as defined by Fannie Mae, who complete homebuyer education prior to signing a purchase contract. Talk to your loan officer or visit your HomeFundIt dashboard for next steps, or you can also find a housing counselor near you by visiting https://www.hud.gov/counseling. Grant funds are applied to nonrecurring closing costs. If closing costs are fully paid by seller or interested party, grant funds can be used to buy down the rate. Grant funds cannot be used towards a down payment. Visit https://www.homefundit.com/Grant for complete terms and conditions.
Many options that can help you with energy-efficient updates, big renovations, small updates, and more
Buy now, refinance later to a lower rate with no lender costs*
Get up to $400,000 from your home’s equity in as little as 5 days
Self-employed? Apply with just 12 or 24 months of bank statements, no tax returns needed
*CMG Home Loans will cover all customary lender fees which are processing fee, administrative fee, tax service fee, appraisal fee and credit report fee. In addition CMG Home Loans will also credit the borrower up to $1,000 towards additional third-party fees. This offer does not cover discount points. Credit cannot exceed total fees. Rate Rebound is only valid on future conventional conforming, government, and jumbo loans in our retail channel (future Construction Loans, All in One, HELOCs, Bond or HFA loans are excluded). There may be additional restrictions based on investor. Offer may not be redeemed for cash or credit and is nontransferable. Offer cannot be retroactively applied to any loans. Offer may not be used with any other discounts, promotions or interest-only/buy-down and second lien products. This offer is subject to changes or cancellation at any time at the sole discretion of CMG Home Loans. Additional restrictions/conditions may apply. This is not a commitment to lend and is contingent on qualification per full underwriting guidelines. Program will be available on loans disclosed on or after 11/1/22. Program is applicable for refinances 6 months after closing up to 5 years from original note date and with a net tangible benefit which includes a rate reduction of 0.5%, going from an ARM to fixed rate, reducing loan term, movement to a more stable product, or a lower principal and interest payment. By refinancing the existing loan, the total finance charges may be higher over the life of the loan. **Five business day funding timeline assumes closing the loan with our remote online notary. Funding timelines may be longer for loans secured by properties located in counties that do not permit recording of e-signatures or that otherwise require an in-person closing. ***This product may have higher interest rates, more points, or more fees than other products requiring documentation
Travis and his team are the definition of tireless and assiduous. They work around the clock, tirelessly, to ensure your process goes thru quickly and efficiently. Thank you for everything you do!
Travis made the whole loan experience easy and as stress-free as possible! He was very clear and upfront about everything, and always quick to answer my questions. As a first-time home-buyer, I couldn’t have had a better person to guide me through the mortgage process.
Travis and his team (thank you Ashley and Dana!!) were phenomenal to work with. They made the daunting process of acquiring a mortgage and buying a home about as smooth as it can be. I’d highly recommend CMG for a much more personalized service over a big name bank.
Branch Manager | NMLS ID# 987306
