All-In-One Mortgage


All-In-One Mortgage
A mortgage loan that combines the features of a checking account, a home equity loan and a mortgage in order allow depositors to reduce the amount of interest paid on their mortgages. Any deposits made into the savings account portion of the all-in-one mortgage are put toward paying the mortgage, but instant liquidity can still be achieved, because cash can be withdrawn in the form of a home equity loan.

The all-in-one mortgage attempts to to mimic the structure of an offset mortgage. While this type of mortgage can help homeowners reduce interest expenses, only individuals who can stick to a budget should use an all-in-one mortgage. For those who lack the discipline to stick to a budget, this arrangement can escalate debt if they draw too much equity out of their homes.


Investment dictionary. . 2012.

Look at other dictionaries:

  • To carry all before one — Carry Car ry, v. t. [imp. & p. p. {Carried}; p. pr. & vb. n. {Carrying}.] [OF. carier, charier, F. carrier, to cart, from OF. car, char, F. car, car. See {Car}.] 1. To convey or transport in any manner from one place to another; to bear; often… …   The Collaborative International Dictionary of English

  • All American Football League — Infobox sports league pixels = 115px caption = All American Football League logo sport = American football founded = 2007 motto = teams = 6 country = USA champion = N/A folded = website = [http://www.allamericanfootballleague.com Official Site]… …   Wikipedia

  • Mortgage loan — Mortgage redirects here. For other uses, see Mortgage (disambiguation). Finance Financial markets …   Wikipedia

  • Mortgage underwriting in the United States — is the process a lender uses to determine if the risk of offering a mortgage loan to a particular borrower under certain parameters is acceptable. Most of the risks and terms that underwriters consider fall under the three C’s of underwriting:… …   Wikipedia

  • mortgage — mort·gage 1 / mȯr gij/ n [Anglo French, from Old French, from mort dead (from Latin mortuus ) + gage security] 1 a: a conveyance of title to property that is given to secure an obligation (as a debt) and that is defeated upon payment or… …   Law dictionary

  • Mortgage fraud — is crime in which the intent is to materially misrepresent or omit information on a mortgage loan application to obtain a loan or to obtain a larger loan than would have been obtained had the lender or borrower known the truth. In United States… …   Wikipedia

  • Mortgage modification — is a process where the terms of a mortgage are modified outside the original terms of the contract agreed to by the lender and borrower (i.e mortgagor and mortgagee). In general, any loan can be modified. Contents 1 Background 2 Types of… …   Wikipedia

  • Mortgage calculator — Mortgage calculators are used to help a current or potential real estate owner determine how much they can afford to borrow on a piece of real estate. Mortgage calculators can also be used to compare the costs, interest rates, payment schedules,… …   Wikipedia

  • Mortgage discrimination — or mortgage lending discrimination is the practice of banks, governments or other lending institutions denying loans to one or more groups of people primarily on the basis of race, ethnic origin, sex or religion. One of the most notable instances …   Wikipedia

  • Mortgage Foundation — Inc. Type Private Industry Finance Founded 2003 Headquarters Ft Lauderdale, Florida …   Wikipedia