I closed on my CMG All In One about 2 months ago and I have a much better review than Cj.
I would give the loan a glowing review right now.
--I had 6 mortgages and I paid off 2 with the All In One.
--I transferred all of my rainy day cash to the loan to get the balance down.
--I'm transferring the debt from my remaining highest interest mortgage, 4.99%, but I can't pay it all off with the remaining credit line, so I will take monthly chucks.
--I closed all my tax and insurance escrow accounts, because the money is better off lowering my daily balance and interest and will pay those just in time.
--I changed my remaining mortgages from biweekly to monthly payments because that lowers overall interest.
My loan is serviced by Northpointe and there was a solid 2 week wait to get access to the account after closing. The letter they sent me said it would take 45 to 60 days to get access, which would have been horrible.
As soon as I got access to the account I had a lot of home work to switch over all my accounts from my last bank. Transfers, direct deposits, auto pay, bill pay, personal checks all works with no issues so far. The app works at depositing checks.
I dont plan on using the debit card much because I use my credit card as much as possible for the points and the delayed payment saves me interest. I have not tried to use the debit card at a ATM for cash withdraws, but I bet there will be fees, so I probably will just us my old ATMs.
I have noticed that their website is a little clunkier than Bank of America. For example, one late night I could not log in -- perhaps system maintenance and it worked in the morning. When I first used money transfer there were some bugs. I tried again and I have been using money transfer all the time.
As recommended I still have my old Bank of America account open with some cash as a backup.
