Loan Options
Finding a great home loan involves careful consideration of your needs, finances and history. We are here to guide you.
Conventional
We have numerous conventional loan options available to suit both first-time and move-up buyers. Down payment is as low as 3%!
FHA
An FHA loan provides a government-insured loan with flexible loan options and a down payment as low as 3.5%. This is a popular loan option for homebuyers who want a lower down payment or may not have perfect credit.
VA
VA Loans are often the best option for our veterans and CMG waives our processing and administration charges on these loans. With a down payment as low as 0%, and seller concessions sometimes available, homebuyers can get into a new home for next to nothing.
Rehab
Roll the costs of the renovation into your loan.
USDA
Purchase a home with no money down in certain rural and suburban areas.
Jumbo
We have multiple jumbo loan programs and will pick the best one for your needs. In many cases, we can combine a conventional loan with a piggyback 2nd lien to give a more favorable option for homebuyers with a larger loan amount.
Temporary Rate Buydowns
Numerous options are available to lower the interest rate for 1, 2 or 3 years using seller concessions. This usually has a much bigger impact on lowering your payment vs. negotiating for a lower price.
Temporary Rate Buydowns
Numerous options are available to lower the interest rate for 1, 2 or 3 years using seller concessions. This usually has a much bigger impact on lowering your payment vs. negotiating for a lower price.
Investment Property
Our Private Label Security (PLS) loan eliminates the loan level price adjustments on investment and second homes giving you a better interest rate!
All-in-One Loan
A mortgage, HELOC and checking account all together. You have access to your equity while paying off your home sooner with less interest. No other loan product does more to lower costs and maximize the benefits of homeownership.
Home Fund It:
Family and friends (or wedding guests) can support your home buying campaign and CMG will match up to $2000 towards closing costs.
Bank Statement Program
This loan is the perfect fit for self-employed borrowers who don’t report enough income to qualify with traditional financing. We use one-year or two-years of business bank statements instead.
Bridge Home Loan
Secure the transition between selling your current home and buying a new one.
Down Payment Assistance
There are numerous programs available to provide down payment assistance for homebuyers. You don’t need to be a first-time homebuyer for many of them.
Construction 2X Close
Allows buyers to finance larger custom home builds with two separate loans, an interest-only loan for the construction phase and then the permanent mortgage once home is completed.
DSCR Home Loan
Focus on the debt-service coverage ratio to get the right home loan.
Fix & Flip Home Loan
Get the financial support you need for your home renovation projects.
Renovation Loan
Purchase a home and get the financing needed for your renovation right up front, up to 95% of the after-improved value! Or refinance with this loan to access equity for your remodel project.
Reverse Mortgage
Convert a portion of your home equity into cash to secure your retirement.
Seller-Paid Buydown
Reduce your mortgage payments with the assistance of the seller.
DSCR
A DSCR (Debt Service Coverage Ratio) loan qualifies a borrower based on the rental income a property generates rather than the borrower’s personal income or employment. It’s a popular tool for real estate investors because it removes the need for pay stubs, W-2s or tax returns, making it faster and more flexible to scale a rental portfolio.
Rate Rebound Refinance
You can refinance as many times as you want and for five years after closing with CMG, there are no lender fees!
List & Lock Later
This allows realtors to offer their seller the ability to advertise a lower-than-market rate on a listing AND provides them with up to $5000 towards closing costs on their new home!
Cash-Out Refinance
Allows you to access funds from your home’s equity to finance home renovations, pay off high-interest credit card debt, kid’s college, a wedding, etc.
VA Loan Refinance
There are two main ways to refinance your VA loan.
Get started today!
Fill out the questionnaire on this page to start a discussion about your mortgage needs today!
