Our experts answer readers' home-buying questions and write unbiased product reviews (here's how we assess mortgages). In some cases, we receive a commission from our partners; however, our opinions are our own.
Overall lender rating
| Feature | Insider rating (out of 5) |
| Loan types | 4.5 |
| Affordability | 4 |
| Customer satisfaction | 3.75 |
| Trustworthiness | 5 |
| Total | 4.31 |
Pros and cons
| Pros | Cons |
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CMG Financial mortgage rates
CMG Financial does not list its mortgage rates online. Some lenders list sample rates, and others let you customize your rate by entering your credit score, zip code, and other personal information. CMG Financial doesn't show any rates, though, which can make it difficult to compare your rate to what other lenders offer.
Customer reviews on Zillow state that their interest rates with CMG Financial were "as expected" or "lower than expected," so you could get a competitive rate from this lender.
CMG Financial vs. Rocket Mortgage
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Types of home loans Conforming, jumbo, FHA, VA, USDA, renovation, All In One Loan™ | Types of home loans Conforming, FHA, VA, ARM, jumbo |
Alternative credit data? Yes* | Alternative credit data? No |
| Get started | Get started |
*You cannot get a mortgage with alternative credit data alone, but you can show it to prove that you are improving your finances.
CMG Financial is the clear choice if you need a USDA mortgage or renovation loan, because Rocket Mortgage doesn't offer these types of loans. CMG also has the All In One Loan™ that lets you make payments on the pricipal before paying interest.
Rocket Mortgage is known for providing a user-friendly experience, though. It ranked No. 1 in customer satisfaction in 2022 according to J.D. Power. It's also our top pick in our guide to the best mortgage refinance lenders.
CMG Financial vs. Fairway Independent Mortgage Corporation
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Types of home loans Conforming, jumbo, FHA, VA, USDA, renovation, All In One Loan™ | Types of home loans Conforming, jumbo, FHA, VA, USDA, reverse, renovation |
Alternative credit data Yes* | Alternative credit data Yes |
| Get started | Get started |
*You cannot get a mortgage with alternative credit data alone, but you can show it to prove that you are improving your finances.
Fairway Independent Mortgage Corporation has reverse mortgages, but CMG Financial offers its unique All In One Loan™
Fairway might be your best option if you either have a low credit score or none at all. It accepts alternative credit data, like proof that you pay bills on time, in lieu of a credit pull. CMG requires a credit score, although it lets you show alternative data to prove that you're improving your finances if your score is low.
How CMG Financial mortgages work
CMG Financial offers mortgages in all 50 US states. You can get the following types of home loans from CMG:
- Conforming
- Jumbo
- FHA
- VA
- USDA
- Fixed-rate
- Adjustable-rate
- Renovation
- Home equity line of credit (HELOC)
- Home equity loan
- All In One Loan™: Usually, your monthly payments go toward both your principal and interest. But CMG's All In One Loan™ puts all of your payments toward principal first, then interest in later years. This helps you build equity faster and ultimately pay less.
CMG's HomeFundIt™ program provides you with a link to share on social media so friends and family can donate money for your down payment. Then CMG will give you $2 for every $1 donated, totaling a grant of up to either $2,000 or 1% of the purchase price, whichever is less. You also must complete a homebuyer education or counseling program to receive this grant. The grant money will go toward your closing costs.
CMG Financial does not offer reverse mortgages or construction loans.
Choose from either a regular rate-and-term refinance or a cash-out refinance. You can also refinance your FHA, VA, or USDA mortgage.
CMG Financial does not have any recent public controversies.
The Better Business Bureau gives CMG Financial an A- rating because there is a number of customer complaints on the website. BBB ratings indicate how a company responds effectively to customer complaints, advertises honestly, and is transparent about business practices.
A BBB score does not necessarily reflect how your relationship will be with a company. You may still want to read online customer reviews or ask friends and family about their experiences with CMG Financial.
CMG Financial FAQ
Yes, CMG Financial is a direct lender. This means it originates its own loans, as opposed to a mortgage broker, which connects borrowers with multiple lenders to find the best fit.
Christopher M. George founded CMG Financial in 1993. He still acts as President and CEO of the company.
Call CMG Financial Monday through Friday from 8 a.m. to 5 p.m. PT. Call 1-833-362-0619 to talk to someone about buying a home, or 1-833-362-0619 to ask about refinancing.
Mortgage and refinance rates by state
Check the latest rates in your state at the links below.
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Utah
Vermont
Virginia
Washington
Washington DC
West Virginia
Wisconsin
Wyoming
Editorial Note: Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. Read our editorial standards.
Please note: While the offers mentioned above are accurate at the time of publication, they're subject to change at any time and may have changed, or may no longer be available.
**Enrollment required.