Understanding The All-In-One Loan
A Comprehensive Guide
If you’re like most Americans, you probably earn more income in just 5 to 10 years than you owe on a mortgage. That volume of money far outweighs your housing debt. Why not put it to work to reduce your mortgage interest expense? Gain greater control of your housing costs and live more securely.
What is the All-In-One Loan?
The All-In-One loan is a 30-year HELOC with an integrated sweep-checking account. In other words, it combines your home financing and personal banking needs into one dynamic tool.
What Can Be Accomplished?
Borrowers can save tens, if not hundreds of thousands of dollars in mortgage interest and own their home in half the time or less compared to a traditional loan. The best part is, funds that are deposited and used to pay down principal, as well as equity dollars, remain available for use without needing to refinance over thirty years.