CMG Mortgage, Inc. 1

NMLS#

418866

About

CMG Mortgage, Inc. 1

CMG Mortgage, Inc. is a real estate lending company. The company has been in the mortgage industry for over 20 years. They strive to provide exceptional customer service and aim for great customer satisfaction. CMG Mortgage focuses on understanding their customers' short and long term homeownership needs to help them make informed decisions. Their Area Sales Manager, AJ Kozlak, works from the Woodbury, MN branch and can be contacted for appointments or secure document uploads. A personal quote that resonates with the company is "Some people dream of success while others wake up and work hard at it." The company values treating others how they want to be treated and believes in earning referrals through one happy customer at a time. The sales manager has a degree in Accounting from the University of St Thomas. Outside of work, they enjoy spending time with their family, coaching their children in sports, and engaging in community activities. CMG Mortgage offers a mobile app to guide customers through their home search and mortgage financing process, providing direct connections to loan officers and REALTORS®.

Loan programs at

CMG Mortgage, Inc. 1

- Fixed Rate Mortgage: Offers a fixed interest rate for the entire loan term, providing stability in monthly payments.

- Adjustable Rate Mortgage (ARM): Provides an initial fixed interest rate for a specified period, then adjusts periodically based on market conditions.

- Jumbo Loans: Designed for financing higher-priced properties that exceed conventional loan limits.

- FHA Loans: Backed by the Federal Housing Administration, these loans are accessible to borrowers with lower credit scores and require a smaller down payment.

- VA Loans: Available exclusively to eligible veterans, active-duty service members, and surviving spouses, these loans offer favorable terms and require no down payment.

- USDA Loans: Designed for rural and suburban homebuyers, these loans have no down payment requirement and provide financing options to low-to-moderate-income borrowers.

- Down Payment Assistance Programs: Offer financial assistance to help eligible borrowers cover the down payment and closing costs.

- Refinance Loans: Enable homeowners to replace their current mortgage with a new loan, potentially reducing monthly payments or accessing home equity.

- Cash-Out Refinance: Allows homeowners to refinance their mortgage for a higher amount than the existing loan and receive the difference as cash.

- Home Equity Line of Credit (HELOC): A revolving line of credit secured by the home's equity, which homeowners can tap into as needed.

- Reverse Mortgages: Provide financial flexibility to homeowners aged 62 and older, allowing them to convert a portion of their home equity into cash without selling the property.

Note: Loan programs and details may vary. Please contact CMG Mortgage, Inc. for specific information and eligibility criteria.