SAVE THOUSANDS IN INTEREST
With the CMG Home Ownership Accelerator, you deposit your entire paycheck into this innovative line of credit, instead of your checking account, dramatically reducing the principal balance. Since interest is computed on your daily balance, you start saving interest immediately!
You also pay all of your expenses out of your new line of credit. Until you need the money, it stays in your account, keeping your loan balance lower, saving 5 to 6% in interest costs, versus earning 1 to 2% in your old checking account.
PAY OFF YEARS EARLIER
Paying less interest means that more of your money can go towards paying down the principal, and you pay off sooner. If you’re a borrower with good cash flow, you could pay off an average sized loan in roughly half the time – with no change to spending habits!
INSTANTLY ACCESS YOUR EQUITY
For your everyday expenses, you have unlimited checks, an ATM/Visa® P.O.S. card, and electronic (bill-pay) access to your funds, just like a regular bank account!
HOW DO I KNOW IF IT’S RIGHT FOR ME?
To see how the CMG Home Ownership Accelerator can work with your own unique financial situation, use our powerful interactive calculator at: