CMG Home Loans mortgage review: rates, costs & calculator
A large lender known for its All In One home-equity loan and a wide menu of down-payment-assistance programs.
CMG Home Loans mortgage rates: what borrowers actually paid
CMG Home Loans prices each borrower individually, but federal loan-level records show what its borrowers actually got. On 12,303 conventional 30-year fixed purchase loans with at least 20% down closed in 2025, the median rate was 6.625% and the median APR was in line with the typical lender's, with $6,226 in loan costs.
| 2025 home purchases | Loans | Median rate | APR vs benchmark | Loan costs | With points |
|---|---|---|---|---|---|
| Conventional · CMG Home Loans | 12,303 | 6.625% | +0.06 | $6,226 | 58% |
| Conventional · all lenders | 700,082 | 6.50% | +0.02 | $5,476 | 53% |
| FHA · CMG Home Loans | 10,032 | 6.00% | +0.40 | $12,781 | 61% |
| FHA · all lenders | 516,729 | 6.25% | +0.42 | $11,291 | 59% |
| VA · CMG Home Loans | 5,786 | 6.00% | −0.49 | $10,267 | 57% |
| VA · all lenders | 291,383 | 6.125% | −0.36 | $6,554 | 59% |
| Jumbo · CMG Home Loans | 618 | 6.625% | +0.01 | $10,093 | 45% |
| Jumbo · all lenders | 30,788 | 6.625% | +0.00 | $10,251 | 38% |
What the numbers say
- On conventional loans, CMG Home Loans priced about like the market: a median APR +0.06 percentage points against the benchmark, versus +0.02 for all lenders.
- Other loan types: FHA in line with the market (10,032 loans); VA 0.13 percentage points below the market (5,786 loans); Jumbo in line with the market (618 loans).
- Borrowers paid a median $6,226 in loan costs — $750 more than the $5,476 typical across all lenders.
How CMG Home Loans compares on conventional loans
| Lender | Loans | Median rate | APR vs benchmark | Loan costs | Lender credits |
|---|---|---|---|---|---|
| CMG Home Loans | 12,303 | 6.625% | +0.06 | $6,226 | 24% |
| United Wholesale Mortgage | 57,444 | 6.50% | +0.02 | $7,032 | 46% |
| Rocket Mortgage | 35,588 | 6.50% | +0.01 | $5,816 | 3% |
| CrossCountry Mortgage | 22,973 | 6.75% | +0.24 | $6,675 | 30% |
| Guild Mortgage | 14,742 | 6.625% | +0.08 | $5,918 | 15% |
| All lenders | 700,082 | 6.50% | +0.02 | $5,476 | 33% |
Source: 2025 HMDA loan-level records (FFIEC/CFPB), 30-year fixed home purchases compared like for like. APR vs benchmark = median APR minus the average prime offer rate the week the rate was set; loan costs are borrower-paid. How we measured this.
CMG Home Loans mortgage calculator
Estimate a CMG Home Loans payment: enter the rate from your Loan Estimate, or start from today's 7.18% average 30-year fixed rate. For reference, CMG Home Loans's 2025 conventional purchase loans closed at a median 6.625%.
Prefer a full-page version? Open the mortgage calculator.
CMG Home Loans by the numbers
| Home loans originated (2025) | 70,353 |
|---|---|
| Total lending (2025) | $27.6B |
| Average loan size | $391,866 |
| Approval rate* | 93.9% |
| Volume rank (our roster) | #14 of 60 |
| Largest market | Texas |
Source: federal HMDA data (2025), FFIEC/CFPB. *Approval rate = loans originated ÷ (originated + denied). It reflects a lender's channel and borrower mix — wholesale, online and refi-heavy lenders run lower because many applications are rate shops that never close — not how hard it is to work with. See our lender-approval analysis.
What CMG Home Loans actually lends
20% of CMG Home Loans's 2025 loans were FHA loans, versus 13.2% nationally.
| Share of 2025 loans | CMG Home Loans | U.S. |
|---|---|---|
| Conventional | 62.7% | 78% |
| FHA | 20% | 13.2% |
| VA | 10.3% | 8.2% |
| USDA | 7% | 0.6% |
| Home purchase | 81.2% | 52.5% |
| Rate-and-term refinance | 10.8% | 15.3% |
| Cash-out refinance | 7.2% | 14% |
Shares of originated loans by loan type and purpose, federal HMDA data (2025). They describe the lender's business mix, not the terms you would be offered.
CMG Home Loans at a glance
CMG Home Loans is the consumer-facing brand of CMG Financial (CMG Mortgage, Inc.), a privately held mortgage bank founded by Christopher M. George in 1993 and headquartered in San Ramon, California.
Unlike an online-only shop, CMG runs three separate origination channels at once: retail loan officers and branches serving borrowers directly, a wholesale arm that funds loans through independent brokers, and a correspondent channel that buys closed loans from other lenders.
That multi-channel structure makes it one of the larger nonbank lenders in the country.
In 2025 CMG reported roughly 70,353 originated mortgages totaling about $27.6 billion, with an average loan of around $391,866 and an approval rate near 93.9%.
Where CMG Home Loans's approval rate sits
CMG Home Loans's 2025 approval rate of 93.9% sits against the 76.6% national average. Read it as a signal of channel, not strictness — wholesale, online and refinance-heavy lenders run lower because so many applications are rate shops that never close.
Its lending is geographically broad but tilts toward fast-growing Sun Belt and Western markets: Texas was by far its busiest state at more than 17,000 loans, followed by California, Washington, Florida, and Tennessee.
The company expanded its retail reach in 2023 by acquiring the retail division of Homebridge Financial Services, absorbing more than 180 branches, and added Norcom Mortgage in New England in 2024.
What sets CMG apart is a pair of proprietary programs. The All In One Loan is a first-lien HELOC that merges a mortgage with an offset checking account, so every dollar of deposits temporarily reduces the balance interest is charged on.
HomeFundIt, launched in 2017, is a down-payment crowdfunding platform that lets friends and family gift toward a purchase, with an optional lender match.
Who CMG Home Loans is best for
CMG suits borrowers drawn to its signature products: cash-flow-heavy owners who could benefit from the offset mechanics of the All In One Loan, and first-time buyers short on down-payment funds who want to crowdfund through HomeFundIt or stack down-payment assistance.
Because it operates retail, wholesale, and correspondent channels, it also fits people who prefer working with a local branch loan officer over an app-only process.
Loan programs at CMG Home Loans
Its most notable programs and specialties:
- All In One Loan — a first-lien HELOC that combines a 30-year mortgage with an offset checking account to reduce interest
- HomeFundIt — down-payment crowdfunding platform with an optional lender gift match
- Freddie Mac BorrowSmart down-payment/closing-cost assistance for income-qualified buyers
- Conventional conforming, FHA, VA, and USDA loans across purchase and refinance
- Jumbo and non-conforming financing for higher-balance markets
- A broad menu of state and local down-payment assistance (DPA) program pairings
Typical industry minimum down payment by core loan type — CMG Home Loans's own minimums or credit overlays may run higher:
| Loan program | Typical min. down |
|---|---|
| Conventional | 3% |
| FHA | 3.5% |
| VA | 0% |
| USDA | 0% |
Strengths
- Distinctive proprietary products (All In One Loan, HomeFundIt) not offered by most lenders
- Three origination channels — retail, wholesale, and correspondent — give borrowers multiple ways to access CMG pricing
- Nationwide footprint with a large branch network expanded by the Homebridge and Norcom acquisitions
- Full agency product lineup plus an active down-payment-assistance and grant program menu
Considerations
- The All In One Loan is a first-lien HELOC rather than a fixed-rate mortgage; CMG's own FAQ says it suits cash-flow-positive, disciplined borrowers, not those who routinely overspend.
- Rates and fees are generally quote-based rather than posted openly online, so comparison shopping takes direct contact
Where CMG Home Loans lends most
By federal HMDA records, CMG Home Loans's largest 2025 markets were Texas, California, Washington, Florida and Tennessee. Explore local rates, home prices and down-payment assistance for each:
States where CMG Home Loans is a top-15 lender
Ranked by home loans originated in 2025 (HMDA). Each state page compares CMG Home Loans with the other leading lenders there, including FHA and VA leaders and what their borrowers paid.
The verdict
CMG Home Loans is a broad, established nonbank lender whose main draw is products few competitors match — the All In One offset mortgage and HomeFundIt down-payment crowdfunding — layered on top of a standard agency lineup and an active assistance menu.
Its high HMDA approval rate and large multi-channel volume reflect mainstream lending. Borrowers intrigued by its specialty programs should weigh their complexity and request a personalized quote, since pricing isn't posted publicly.
How to compare CMG Home Loans
Shopping a few lenders is the single most reliable way to save. Before you commit to CMG Home Loans:
- Get three or more Loan Estimates in a two-week window — the bureaus treat it as one inquiry.
- Compare the APR, not just the headline rate — it folds in the fees.
- Weigh service and loan-type fit, not price alone.
- Verify licensing: search CMG Home Loans on NMLS Consumer Access and match the NMLS ID to the one on your Loan Estimate. (Its LEI in federal HMDA data, 549300GKFNPRWNS0GF29, is not a license number.)
Benchmark whatever you're quoted against today's this week's rate averages.
CMG Home Loans FAQ
Is CMG Home Loans a good mortgage lender?
CMG Home Loans is a licensed U.S. mortgage lender and one of the largest, roughly #14 of 60 in our roster by 2025 volume, best for down-payment programs.
On price, its 2025 conventional borrowers' median APR was in line with the typical lender's, with $6,226 in loan costs against $5,476 market-wide.
Whether it's right for you comes down to the rate and fees it quotes — compare its Loan Estimate with two or three others.
What are CMG Home Loans's mortgage rates today?
CMG Home Loans sets rates daily by loan type, credit score, down payment and points, so the rate that counts is the one on your Loan Estimate.
For context, the average 30-year fixed rate was 7.18% in Freddie Mac's survey for the week of November 5, 2026; in 2025, CMG Home Loans's conventional purchase loans closed at a median 6.625%, against 6.50% for all lenders.
How many mortgages does CMG Home Loans originate?
In 2025, CMG Home Loans originated about 70,353 home loans, roughly $27.6 billion in lending, per federal HMDA data — an average loan of about $391,866.
What loan types does CMG Home Loans offer?
CMG Home Loans offers Conventional, FHA, VA, USDA. Notable programs include All In One Loan — a first-lien HELOC that combines a 30-year mortgage with an offset checking account to reduce interest; HomeFundIt — down-payment crowdfunding platform with an optional lender gift match; Freddie Mac BorrowSmart down-payment/closing-cost assistance for income-qualified buyers.
How do I verify CMG Home Loans is licensed?
Search the company's name on NMLS Consumer Access (nmlsconsumeraccess.org), the official registry of licensed mortgage companies and loan officers; the NMLS ID it shows is also printed on every Loan Estimate the lender issues. (The ID 549300GKFNPRWNS0GF29 used on this page is the company's LEI, which identifies it in federal HMDA data — not a license number.)
This review is editorial and independent — CMG Home Loans did not pay for or approve it, and all figures are from public federal data. It is general information, not a recommendation or personalized advice. Confirm all terms directly with the lender.
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