FYI: The monthly one-year CMT value is a popular mortgage index to which many adjustable-rate mortgages (ARMs) are tied. This index is tied to Treasury Bonds. When the average yields of Treasury securities are adjusted to the equivalent of a one-year security, the term structure of interest rates results in an index known as the one-year constant maturity Treasury. The U.S. Treasury publishes the one-year CMT value daily, along with the respective weekly, monthly, and annual one-year CMT values. Constant maturity yields are used as a reference for pricing debt security issued by entities such as corporations and institutions. Basically, your mortgage, if fixed, will become an ARM once you refinance. I personally like my mortgage rates fixed and just use a HELOC for velocity banking. IMHO Also, there are no points to pay with a HELOC any minimal fees if any at all. You're welcome. 😉
@@thisisatrium all good points you are in a position where you already have a mortgage and a second lien HELOC. I have a ton of clients in this position. This is just another option for velocity banking. For me I have my first lien HELOC because that is what I used to buy my house and it was cheaper than acquiring a first lien mortgage. Also when I ran the math I save way more money short term and long term as well I have a much bigger credit line for future investing that I wouldn’t get with a second lien HELOC.
This is a great product but it’s for the wealthy, to many fees, down payment, pmi to many to list, I wish they could make a product like this but for us common folks
@@loredanaaday751 everything is in stages. Watch my other material that applies to you. I have videos on Credit cards Personal lines of credit 2nd position home equity lines of credit if you have a home. If you do not have a home then this product is just not a fit and that’s ok there are other options. Don’t call yourself common that is a limiting belief that will keep you poor. Think bigger and when you look at what it is to be an American period you are incredibly wealthy compared to the rest of the world
This product is just as Denzel has indicated below - baby steps. There are so many people that buy a house through traditional means, take advantage of equity growth and mortgage paydown, and then refinance into this product - we can certainly help provide an in-depth review of how to best accomplish this if you want!
This is a perfect product for transitioning to the new economic systems. I can definitely see having one for several RE LLC's and each grandchild's college trust. If that is not an accurate perception, please clarify. Thank you
Hi! this property is not able to be put into an LLC - but I love where your head is at - and with some creative solutioning you could still accomplish similar outcomes. There is a limit on how many AIO's a person can get as well
@@HarrisonGeorgeTeam Finally the answer l was looking for! I listened to Chris naugle, christy vann and Denzel, but no one mentioned condos. I was left thinking that it wasn't an option.
hi! The debt to income ratio would need to be below 43% - but that doesn't mean we couldn't utilize the product to eliminate other debts and bring that ratio down - would you want to find a time to talk?
FYI: The monthly one-year CMT value is a popular mortgage index to which many adjustable-rate mortgages (ARMs) are tied.
This index is tied to Treasury Bonds.
When the average yields of Treasury securities are adjusted to the equivalent of a one-year security, the term structure of interest rates results in an index known as the one-year constant maturity Treasury.
The U.S. Treasury publishes the one-year CMT value daily, along with the respective weekly, monthly, and annual one-year CMT values. Constant maturity yields are used as a reference for pricing debt security issued by entities such as corporations and institutions.
Basically, your mortgage, if fixed, will become an ARM once you refinance.
I personally like my mortgage rates fixed and just use a HELOC for velocity banking. IMHO
Also, there are no points to pay with a HELOC any minimal fees if any at all.
You're welcome. 😉
@@thisisatrium all good points you are in a position where you already have a mortgage and a second lien HELOC. I have a ton of clients in this position. This is just another option for velocity banking.
For me I have my first lien HELOC because that is what I used to buy my house and it was cheaper than acquiring a first lien mortgage. Also when I ran the math I save way more money short term and long term as well I have a much bigger credit line for future investing that I wouldn’t get with a second lien HELOC.
@@DenzelNapoleonRodriguezappreciate you! Can you tell me if you went with FSB for your First Lien HELOC? Thank you for all you do
Can whole life or IUL cash value be used for reserves?
@@RJ-gi2hf as reserves yes
This is a great product but it’s for the wealthy, to many fees, down payment, pmi to many to list, I wish they could make a product like this but for us common folks
@@loredanaaday751 everything is in stages. Watch my other material that applies to you. I have videos on
Credit cards
Personal lines of credit
2nd position home equity lines of credit if you have a home.
If you do not have a home then this product is just not a fit and that’s ok there are other options.
Don’t call yourself common that is a limiting belief that will keep you poor. Think bigger and when you look at what it is to be an American period you are incredibly wealthy compared to the rest of the world
This product is just as Denzel has indicated below - baby steps. There are so many people that buy a house through traditional means, take advantage of equity growth and mortgage paydown, and then refinance into this product - we can certainly help provide an in-depth review of how to best accomplish this if you want!
This is a perfect product for transitioning to the new economic systems. I can definitely see having one for several RE LLC's and each grandchild's college trust. If that is not an accurate perception, please clarify. Thank you
Hi! this property is not able to be put into an LLC - but I love where your head is at - and with some creative solutioning you could still accomplish similar outcomes. There is a limit on how many AIO's a person can get as well
@@HarrisonGeorgeTeam My dti is around 55%. My house is free and clear house value around $400,000 can it apply AIO?
@@Animejjkstore hi! certainly you can apply - we can find a time to chat and go over the specifics of this product - and how we can make it work.
Is it possible to use an All in one Loan to purchase a condo?
Hi! Yes this is totally possible!
@@HarrisonGeorgeTeam Finally the answer l was looking for! I listened to Chris naugle, christy vann and Denzel, but no one mentioned condos. I was left thinking that it wasn't an option.
I live in NYC and thinking about buying a condo with an all in one sounds more doable than a SFR. Especially starting out.
@@HarrisonGeorgeTeam What is your contact email to evaluate the product with your team? Thx
@@michealknight1304 hi! That is certainly possible - if you have any questions please let us know! Hope you have had an awesome week so far.
My dti is around 55%. My house is free and clear house value around $400,000 can it apply AIO?
hi! The debt to income ratio would need to be below 43% - but that doesn't mean we couldn't
utilize the product to eliminate other debts and bring that ratio down - would you want to find a time to talk?