Interesting, powerful loan option which is a 30-year HELOC with an integrated sweep-checking account, combining home financing and personal banking needs into one tool
"If you’re like most Americans, you probably earn more in just 5 years than you owe on your mortgage. But cash is a depreciating asset, and mortgages cost copious amounts of interest, not to mention, delay progress with building home equity. The All In One Loan is a solution to both obstacles because it combines the two into one fluid financial instrument.
As the nation’s only 30-year draw home equity line of credit (HELOC) with an integrated sweep checking account, it puts your income to work to lower daily mortgage principal and monthly interest costs"
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