CMG Financial Celebrates 7 Years of HomeFundIt™ With Over $700 Million of Real Estate Purchased

CMG Financial, a privately-held mortgage banking firm, marks seven years since the launch of HomeFundIt™, the nation's first down payment gifting platform. Since its inception in 2017, HomeFundIt has aided over 2,500 families in purchasing $700 million worth of real estate.

"Seven years ago, we launched a platform to help more people purchase homes and build wealth," stated Chris George, CEO of CMG. The platform allows home buyers to raise money for down payments entirely online, with contributions from anyone using a credit or debit card. Additionally, CMG matches $2 for every $1 raised by home buyers.

HomeFundIt has helped raise over $8 million for down payments. Notably, it has simplified the down payment process, traditionally deemed one of the biggest challenges for home buyers. This past summer, the average down payment reached $67,500.

Success stories like those of Hannah and Jeff and Enrique and Madelynn showcase the platform's impact. From raising $11,000 in four days to securing better loan terms, these stories highlight the benefits and wealth-building opportunities HomeFundIt offers.