CMG Home Loans 1

NMLS#

928229

About

CMG Home Loans 1

CMG Home Loans is a real estate lending company that specializes in residential mortgage loan origination and refinancing. The company's licensed Mortgage Loan Officer, Preston Sims, focuses on VA, conventional, and renovation loans. With over ten years of experience, Preston has helped over 1,000 families achieve homeownership. He provides personalized service and professional advice to clients, treating them like family. Preston is licensed in Hawaii, California, Colorado, and Florida. Apart from his work in mortgages, he is also a real estate investor and enjoys outdoor activities such as surfing, skateboarding, soccer, triathlons, and volleyball. CMG Home Loans offers mobile app support for a seamless home search and mortgage financing process. They prioritize security and caution against wire fraud. The company holds various licenses and complies with regulations across different states.

Loan programs at

CMG Home Loans 1

At CMG Home Loans, we offer a range of loan programs to meet our clients' needs. These include:

1. Conventional Loans: Traditional mortgages with fixed or adjustable interest rates and down payment options.

2. FHA Loans: Backed by the Federal Housing Administration, these loans have lower down payment requirements and flexible qualification criteria.

3. VA Loans: Exclusively for veterans, active-duty service members, and their spouses, VA loans provide competitive rates and zero or low down payment options.

4. USDA Loans: These loans are designed for rural and suburban homebuyers with low to moderate incomes, offering 100% financing.

5. Jumbo Loans: For higher-priced properties, jumbo loans provide financing options above the conforming loan limits set by Fannie Mae and Freddie Mac.

6. Renovation Loans: Our renovation loan programs allow borrowers to finance both the home purchase or refinance and the cost of renovations or repairs.

7. Adjustable-Rate Mortgages (ARMs): These loans have an initial fixed-rate period, followed by an adjustable rate based on market conditions.

8. Reverse Mortgages: Available to seniors aged 62 and older, reverse mortgages enable homeowners to convert their home equity into cash.

9. Construction Loans: Financing options tailored for individuals building their dream homes, with flexible terms and tranched funding.

10. Investor Loans: Designed for real estate investors, these loans provide financing for purchasing or refinancing non-owner-occupied properties.

Note: Loan programs may vary by location and borrower eligibility criteria. Contact us for more information regarding specific qualifications and details of each program.