A Loan Designed for Your Lifestyle
The All In One Loan
Mortgage interest can be one of life’s biggest financial obstructions. The All In One Loan was developed by homeowners and mortgage professionals as a solution. By combining banking functionality with home financing into one dynamic instrument, borrowers are able to save tens of thousands of dollars and years off their loan.
WHAT IS THE ALL IN ONE LOAN?
Designed after popular programs around the world, the All In One Loan is the nation’s first transactional offset type-mortgage program.
Home financing and banking combined:
- Deposits lower your loan’s principal
- Funds remain available for expenses
- Interest is calculated on the average daily balance
- This lowers the monthly interest payments
- Tens of thousands of dollars can be saved over the life of the loan
- Mortgage freedom can be achieved in half the time or less
Calculate your savings using our Interactive Simulator
A FINANCIALLY SAVVY LOAN SAVES YOU MONEY.
You’re ready to move up, you have investments in mind. Don’t let your mortgage stop you. A smarter way to finance your home enables you to diversify your investment portfolio and save money
on your mortgage.
The fixed-rate mortgage has been the dominant choice of financing for American homeowners since its creation in the 1930s. It was designed in response to the financial instability of the Great Depression, which had locked up credit markets and brought the housing industry to a halt. The fixed-rate mortgage, along with other innovations, unlocked both consumer power and access to home financing. Before the fixed-rate mortgage, home buyers relied on the adjustable-rate, 5-year, interest-only loan with a balloon payment at the end and a down payment of 50%.
The benefits of fixed-rate loans are obvious:
- The borrower gets a reliable, fixed payment amount for the entire term of the loan.
- The loan balance declines steadily to hit zero with the last payment, leaving no final balloon payment to worry about.
- Homeowners and other property owners can easily manage their monthly finances around this predictable mortgage payment, due on the same day each month.
The main drawback is less obvious. Historically, borrowers who opt for a fixed rate mortgage are given a higher interest rate than if they chose an adjustable-rate loan. This is because the lender assumes all possible changes to interest rates over the life of the loan. To reduce the risk of changes, lenders charge the borrower a premium. Borrowers generally don’t know how to figure out what that premium is, nor can they calculate how much more in interest they will pay over the life of the loan. But a person who has good income, positive cash flow, and good financial management skills may benefit from choosing an adjustable-rate loan. By choosing an adjustable-rate loan, they could pay thousands less in interest.
HOW YOU COULD BENEFIT FROM
THE ALL IN ONE LOAN™
Reduce cost of property ownership
When payments are applied to principal first, interest is calculated on a lower loan balance.
Pay off your home faster
With less money going toward interest, every monthly payment reduces the overall balance, faster.
Access home equity
It works like a checking account, withdraw money whenever it’s needed.
Free up income for other investments
Reinvest in your home, a second home, the stock market, and more.
Have questions? Give us a call! One of our mortgage specialists would be happy to answer all of your questions.
