What is the All in One Loan (AKA First Lien HELOC)?
The All in One Loan combines a traditional first lien mortgage with the functionality of a Home Equity Line of Credit that functions like a checking account. Maintain access to the equity in your home while saving money on interest.
Why choose the All in One?
- Save Money on Interest: Payments are applied to principal first, and interest is calculated using your average daily balance. This can save tens of thousands of dollars over the life of the loan.
- Pay Off Your Home Earlier: Strategically structured to help you pay off your home in half the time or less.
- Save on Closing Costs: One loan instead of two.
- Powerful for Real Estate Investing: Easy access to funds for down payments or renovations, with the ability to reuse funds for future projects.
- Works Like a Checking Account: ATM Visa, checks, bill pay, and mobile banking.
