MORTGAGE LOANS

See which loan program is best suited for you and your family.

CMG Image

COMMUNITY ONE GRANT PROGRAM

Down Payments as Low as 1%*

CMG Home Loans is dedicated to providing affordable financing options and with our new CMG Community ONE down payment assistance program, our goal is to help more home buyers achieve the dream of home ownership.

  • Out-of-pocket cost to purchase a home is drastically reduced
  • Provides an affordable solution from rising rent values
  • Offers the opportunity to establish home equity
  • Start building generational wealth through homeownership

Program Highlights

  • Down payments as low as 1%.*
  • Qualify for up to 2% or $6,000 towards purchase.*
  • Available to homebuyers meeting income and other requirements, in select areas within CA, IL, MA, MS, NY, TN, TX.

In addition to this exclusive program, we also offer BorrowSmart by Freddie Mac, where qualified buyers can pay as little as 3% down and get up to $1,500.00** towards purchase.

And if that wasn't enough, our exclusive HomeFundIt program allows homebuyers to receive online down payment gifts from anyone, and get a 2-to-1 match up to $2,000*** towards purchase. There are no time limits or fundraising limits, and it works with nearly all CMG loan programs. It lets you lock in long range buyers, and it generates exponential referrals downstream.

With powerhouse exclusives like Community ONE, BorrowSmart, HomeFundIt, Rate Rebound, List & Lock, and more, CMG can be your go-to lender.

CHECK YOUR ELIGIBILITY TODAY!

How to Apply

Find a community with an eligible property and submit your application completely online HERE.


**This program is available to borrowers meeting income requirements in select census tracts within CA, IL, MA, MS, NY, TN, and TX. Payment example: Stated rate may change or may not be available at time of rate lock. If you bought a $250,000 home with a 30 year loan at a fixed rate of 6.0% (6.376% Annual Percentage Rate), with a down payment of 3%, for a loan amount of $242,500, you would make 360 monthly payments of $1,454.00. Payment stated does not include mortgage insurance, taxes and homeowners insurance, which will result in a higher payment.

**Only available in conjunction with specific conventional conforming financing programs, for primary residences. Pre-purchase homebuyer counseling required. Borrower is responsible for $99 counseling fee. Down payment/closing cost assistance amounts of $500, $1,000, $1,500 based on Area Median Income and other eligibility criteria.

CONVENTIONAL

CONVENTIONAL LOAN

With low down payment options available

GOVERNMENT

FHA LOAN

Available with down payments as low as 3.5%

GOVERNMENT

VA LOAN

100% financing for eligible Veterans, Reservists and Active Duty Personnel

GOVERNMENT

USDA LOAN

Available in designated rural and suburban areas

SPECIALTY

JUMBO LOAN

A loan for every lifestyle

SPECIALTY

ALL IN ONE LOAN

Get financial flexibility and pay off your home loan faster

GOVERNMENT

203K RENOVATION LOAN

Turn the house you like into the home you love

CONVENTIONAL

FANNIE MAE HOMEREADY

Flexible funding with down payments as low as 3%

CONVENTIONAL

FREDDIE MAC HOMEPOSSIBLE

More possibilities with down payments as low as 3%

SPECIALTY

HOMEFUNDIT

Gifts from family and friends fund your down payment

GOVERNMENT

REVERSE MORTGAGE

Available for homeowners ages 62+

SPECIALTY

HELOC

Turn your home equity into cash in as little as 5 days

SPECIALTY

CMG COMMUNITY ONE GRANT

Purchase a home within a specific zip code with as little as 1% down payment.

GOVERNMENT

FANNIE MAE HOMESTYLE® RENOVATION

Low down payments, big possibilities.

CONVENTIONAL

CONVENTIONAL LOAN

With low down payment options available

CONVENTIONAL

FANNIE MAE HOMEREADY

Flexible funding with down payments as low as 3%

CONVENTIONAL

FREDDIE MAC HOMEPOSSIBLE

More possibilities with down payments as low as 3%

GOVERNMENT

FHA LOAN

Available with down payments as low as 3.5%

GOVERNMENT

VA LOAN

100% financing for eligible Veterans, Reservists and Active Duty Personnel

GOVERNMENT

USDA LOAN

Available in designated rural and suburban areas

GOVERNMENT

203K RENOVATION LOAN

Turn the house you like into the home you love

GOVERNMENT

REVERSE MORTGAGE

Available for homeowners ages 62+

GOVERNMENT

FANNIE MAE HOMESTYLE® RENOVATION

Low down payments, big possibilities.

SPECIALTY

JUMBO LOAN

A loan for every lifestyle

SPECIALTY

ALL IN ONE LOAN

Get financial flexibility and pay off your home loan faster

SPECIALTY

HOMEFUNDIT

Gifts from family and friends fund your down payment

SPECIALTY

HELOC

Turn your home equity into cash in as little as 5 days

SPECIALTY

CMG COMMUNITY ONE GRANT

Purchase a home within a specific zip code with as little as 1% down payment.