Tampa Bay home loans, from the lender who picks up the phone.

The All In One Loan® is a 30-year, first-lien home equity line of credit (HELOC) with a 30-year draw period and a built-in checking account. It takes the place of a traditional mortgage, and it can be used to buy a home or to refinance one.

Your paychecks and other deposits go straight into the account, where they automatically reduce the loan balance. The money stays available for bills and spending through a debit card, checks, bill pay and mobile banking. CMG has offered it since 2005.

Interest is calculated every night on your actual balance, then totaled at the end of the month. Every dollar you deposit lowers that balance until you spend it, so money that would normally sit in a checking account is working against your loan the whole time it’s there.

The rate is only one part of what a loan costs. The other two are how much you owe and how long you owe it. If you regularly bring in more than you spend, the surplus keeps pulling the balance down, and you can pay the home off years sooner than with a standard 30-year schedule.

No. It’s built for people who are cash-flow positive, meaning they regularly bring in more than they spend, and who are disciplined with a line of credit. If you routinely spend more than you earn or use credit to cover monthly expenses, a traditional fixed-rate mortgage is usually the better fit.

Joe can run your real numbers through CMG’s All In One Loan® comparison simulator so you can see how it stacks up against a traditional mortgage before you decide.

Yes. Per CMG’s program materials:

• Purchases and refinances are both eligible.
• It can finance single-family homes, condos and 2–4 unit properties as a primary residence, second home or investment property.
• Refinances can be rate-and-term or cash-out.
• Minimum down payment depends on occupancy: 10% for a primary residence, 20% for a second home and 30% for an investment property.
• Loan amounts go up to $3 million on primary residences and second homes, and $1 million on investment properties. Availability can be limited by location.

Many owners use the line’s available equity to buy additional properties.

No. The rate adjusts monthly. It’s a published index, the One-Year Constant Maturity Treasury, plus a margin that’s set at closing and never changes. Margins range from 2.50% to 4.00% depending on your credit and equity.

Every loan has a 3.75% floor and a lifetime cap of 6% above the starting rate. There is no balloon payment and no prepayment penalty.

Joe offers the full CMG Home Loans lineup for purchases and refinances, plus CMG’s own programs:

• Conventional, FHA, VA, USDA and jumbo loans
• FHA 203(k) renovation loans
• HomeReady® and Home Possible® low-down-payment programs
• CMG’s All In One Loan®, HomeFundIt™ and the Community ONE Grant

CMG Home Loans holds approvals with HUD, VA, RHS, Ginnie Mae, Fannie Mae and Freddie Mac.

HomeFundIt™ is CMG’s online down payment gifting platform. You create a profile, share your homebuying story, and family, friends, coworkers or your employer can contribute to your down payment.

Through its Closing Costs Covered grant, CMG adds $2 for every $1 raised through online gifts, up to 1% of the purchase price or $2,000*, whichever is less. The grant is for first-time buyers who complete homebuyer education before signing a purchase contract.

*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. 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.

It’s a CMG down payment assistance program that offers a 2% grant, up to $6,000, with down payments as low as 1%. It’s available to buyers who meet income requirements and are purchasing in eligible areas. Joe can check your eligibility against a specific address.

List & Lock™ is a CMG program for home sellers and their agents. It lets a listing advertise a locked-in interest rate that qualified buyers can use when they finance through CMG. That can help a home stand out without a price cut. Terms and availability vary, so talk with Joe before you list.

Joe is based in Tampa and is licensed to lend in Florida, Georgia, Alabama, Minnesota, Michigan, Indiana, California, Arizona, Virginia and Tennessee. He works with buyers and homeowners throughout Tampa Bay, and he grew up in Atlanta. You can check his current state licenses anytime on NMLS Consumer Access under NMLS #320789.

Call or text Joe at 813.781.9769, email jandrews@cmgfi.com, or start a secure application online. A first conversation costs nothing and doesn’t commit you to anything. It’s simply a chance to look at your goals, your numbers and the options that make sense.