CMG AI Tool Library & Use Guide

Explore tool capabilities, prompt examples, supported loan programs, and what’s coming next — all in one place.

For any inaccuracies or products not yet supported, reach out to CJ: [email protected]

🔍 What Each Tool Can Do

🔄 AIO Loan Assistant

This tool explains how the All-In-One loan works and simulates interest savings using a borrower’s monthly cash flow.

  • 📥 Upload 12 months of transaction history (CSV, summary, or copy/paste)
  • 📉 Simulate how income deposits reduce principal and minimize interest
  • 🧠 Educate clients with a simplified or technical breakdown

Try prompts like:

  • “Client deposits $10,000/month and spends $8,000. How much interest would they save on a $400,000 AIO loan vs. 30-year fixed?”
  • “Explain the AIO loan like I’m a first-time buyer who hates math.”

📂 Non-QM Scenario Assistant

Quickly analyze non-traditional income borrowers and suggest eligible loan products like bank statement, DSCR, or 1099 programs.

  • 📊 Handles self-employed, asset-based, or recently switched to 1099
  • 🧾 Suggests options and likely documentation requirements
  • ⚠️ Flags concerns like seasoning, reserve, or verification gaps

Try prompts like:

  • “Client earned $240K on 1099 in 2024. Wants to buy a $1.2M home with $500K down. What are our Non-QM options?”
  • “What would bank statement underwriting require for a self-employed hair stylist?”

🏡 Conforming Loan Tool

This tool helps you interpret Fannie/Freddie guidelines and analyze whether a scenario meets conforming rules — with or without CMG overlays. It also flags issues related to income type, credit profile, and property characteristics.

  • 📖 Breaks down official guidelines in plain language
  • ✅ Checks for common CMG overlays or red flags
  • 🧾 Helps evaluate W2 vs 1099, rental income, alimony, co-borrower use, etc.
  • ⚠️ Identifies problems with condos, second homes, or unique property types
  • 💳 Reviews credit issues like disputes, collections, and thin files

Try prompts like:

  • “Client has $2,400/month rental income from a recently vacated property. Can I use it to qualify under FNMA?”
  • “Are there any CMG overlays for a 2-unit property with 10% down and a 640 FICO?”
  • “This borrower has a credit score of 701 but thin history — what MI options are allowed under DU?”
💡 What Else Can I Do?
  • 📄 Upload redacted paystubs, W2s, or 1099s: Get help evaluating income — including Self Employment, hourly, commission, or bonus structures.
  • 🏦 Upload redacted bank statements:
    • • Flag large deposits that may need to be sourced
    • • Detect recurring payments that could indicate undisclosed debt
    • • Ask, “Are there any transactions that would raise concerns?”
  • 📉 Upload transaction history for AIO analysis:

    Best in CSV format with these columns:

    • • Date (e.g., 2024-03-01)
    • • Amount (positive for income, negative for spending)
    • • Running Balance (optional but helpful)

    Then ask: “Estimate how this client’s balance would drop on an AIO loan.”

  • 📊 Analyze income flows or spending habits: Ask, “What’s their average net cash flow?” or “Do you see any risky spending behavior?”
  • 🔍 Upload screenshots or PDF snippets: DU/LP findings, LOEs, or condition lists for help interpreting next steps.
  • 🧠 Ask if something is usable: “Can I use this bonus income? It's been earned for 6 months.” or “Will this second job count if they just started it 7 months ago?”
📋 Click here for more ideas of what to prompt

🔄 AIO Loan Assistant

  • “Show me how much interest a client would save with $12,000/month income and $9,000 in spending.”
  • “Explain AIO to a skeptical client comparing it to a 15-year fixed.”
  • “What would happen if a client skipped one month of deposits?”
  • “How does this loan work when someone is self-employed?”

📂 Non-QM Scenario Assistant

  • “Borrower switched to 1099 in February. Can I use that income for a DSCR loan?”
  • “Can I qualify a retired borrower using $500,000 in retirement assets only?”
  • “Client has one NSF last month — is that an issue for a bank statement loan?”
  • “Can I do a cash-out refinance on a 2nd home manufactured property?”

🏡 Conforming Loan Tool

  • “Can I use income from a secondary employer? Borrower has had both jobs for 7 months.”
  • “Does rental income count if the lease just started this month?”
  • “What are the reserve requirements for a second home purchase with DU?”
  • “Can I close in an LLC for a conventional loan on a primary?”
📚 Currently Supported Loan Options
✅ Conforming Loans
Supports full guidelines with full CMG overlays:
  • Fannie Mae (FNMA) Standard Conforming Loans
  • Freddie Mac (FHLMC) Standard Conforming Loans
  • FHA Loans (including Streamline, Cash-out, 203(h), HUD REO, etc.)
  • Fannie Mae HomeReady
  • Freddie Mac Home Possible
Summary of CMG overlays supported:
  • VA Loans
  • USDA Loans
📂 Non-QM Programs
  • CMG Prime Non-QM Series
  • CMG Non-QM Premier Series
  • CMG Non-QM Horizon Series
  • CMG Non-QM Advantage Series
  • CMG Non-QM Sharp Series
  • CMG Non-QM Edge Series
  • CMG Alt-A and Near Miss Series
  • CMG Non-QM Connect Program
  • CMG River Series (includes River AUS, River DSCR, Bank Statement)
  • CMG Prime Conforming Non-Warrantable Condo
  • CMG MedPro Advantage
  • CMG Summit Series
🔄 All-In-One (AIO) Loans
  • AIO Standard (CMG Retail + JV)
  • AIO Jumbo
💰 Down Payment Assistance
  • FHA Buyer’s Choice DPA – Forgivable and repayable options
  • HomeFundIt – Down payment gift crowdfunding program
  • Rocket One Plus – 2% grant, HomeReady guidelines (brokered)
  • Arizona: Home in Five Platinum
  • California: CalHFA, GSFA Platinum
  • Colorado: CHFA
  • Florida: FHFC, HFA of Lee County, County Programs
  • Maryland: MDHCD
  • Minnesota: MHFA
  • Nevada: NHD Home Is Possible
  • North Dakota: NDHFA
  • Oregon: OHCS
  • Texas: TDHCA, TSAHC, SETH, TVLB
  • Virginia: Virginia Housing (VHDA)
🏗️ Construction & Renovation
  • Construction Loans:
  • • Two-Time Close (C2X) Construction – Conforming
  • • Two-Time Close (C2X) Construction – Jumbo
  • • All-In-One (AIO) C-Perm Loan – 1x Close Construction-to-Permanent
  • Renovation Loans:
  • • FHA 203(k) Standard
  • • FHA 203(k) Limited
  • • VA Renovation
  • • HomeStyle® Renovation (Fannie Mae)
  • • CHOICERenovation® (Freddie Mac)
  • • Conforming Renovation (C2XR – Conventional)
  • • Jumbo Renovation
  • Non-QM Renovation: CMG Prime, Premier, Horizon Series
🚧 Future AI Tools Coming Soon
  • 📋 Policy / Procedures Assistant
    • Rate lock cancel and relock rules
    • Lock extensions and pricing
    • Loan withdrawal or denial process
    • Rush requests (appraisal, CD, funding, etc.)
    • How to submit guideline or overlay exceptions
  • 🏢 Jumbo Loan Tool
    Analyze jumbo borrower fit and investor-specific overlays.
  • 🎓 DPA Loan Tool
    Match scenarios to eligible down payment assistance programs by state and product.
  • 💡 CMG Unique Products
    • HomeFundIt
    • Rate Rebound
    • Nothin’ But Net Refi
    • List & Lock
    • Lock & Shop
    • CMG Fresh Start
    • On-Time Closing Guarantee
  • 🏡 Fixed 2nds + HELOC Tools
    Assist with blended rate analysis and second lien qualification.
  • 🛠️ Construction & Renovation
    Help evaluate one-time close, renovation scope eligibility, and draw schedules.
  • 🔁 Reverse Mortgage Assistant
    Simplify HECM product comparisons, qualification, and client education.
🔍 What Each Tool Can Do

🔄 AIO Loan Assistant

This tool explains how the All-In-One loan works and simulates interest savings using a borrower’s monthly cash flow.

  • 📥 Upload 12 months of transaction history (CSV, summary, or copy/paste)
  • 📉 Simulate how income deposits reduce principal and minimize interest
  • 🧠 Educate clients with a simplified or technical breakdown

Try prompts like:

  • “Client deposits $10,000/month and spends $8,000. How much interest would they save on a $400,000 AIO loan vs. 30-year fixed?”
  • “Explain the AIO loan like I’m a first-time buyer who hates math.”

📂 Non-QM Scenario Assistant

Quickly analyze non-traditional income borrowers and suggest eligible loan products like bank statement, DSCR, or 1099 programs.

  • 📊 Handles self-employed, asset-based, or recently switched to 1099
  • 🧾 Suggests options and likely documentation requirements
  • ⚠️ Flags concerns like seasoning, reserve, or verification gaps

Try prompts like:

  • “Client earned $240K on 1099 in 2024. Wants to buy a $1.2M home with $500K down. What are our Non-QM options?”
  • “What would bank statement underwriting require for a self-employed hair stylist?”

🏡 Conforming Loan Tool

This tool helps you interpret Fannie/Freddie guidelines and analyze whether a scenario meets conforming rules — with or without CMG overlays. It also flags issues related to income type, credit profile, and property characteristics.

  • 📖 Breaks down official guidelines in plain language
  • ✅ Checks for common CMG overlays or red flags
  • 🧾 Helps evaluate W2 vs 1099, rental income, alimony, co-borrower use, etc.
  • ⚠️ Identifies problems with condos, second homes, or unique property types
  • 💳 Reviews credit issues like disputes, collections, and thin files

Try prompts like:

  • “Client has $2,400/month rental income from a recently vacated property. Can I use it to qualify under FNMA?”
  • “Are there any CMG overlays for a 2-unit property with 10% down and a 640 FICO?”
  • “This borrower has a credit score of 701 but thin history — what MI options are allowed under DU?”
📋 Click here for more ideas of what to prompt

🔄 AIO Loan Assistant

  • “Show me how much interest a client would save with $12,000/month income and $9,000 in spending.”
  • “Explain AIO to a skeptical client comparing it to a 15-year fixed.”
  • “What would happen if a client skipped one month of deposits?”
  • “How does this loan work when someone is self-employed?”

📂 Non-QM Scenario Assistant

  • “Borrower switched to 1099 in February. Can I use that income for a DSCR loan?”
  • “Can I qualify a retired borrower using $500,000 in retirement assets only?”
  • “Client has one NSF last month — is that an issue for a bank statement loan?”
  • “Can I do a cash-out refinance on a 2nd home manufactured property?”

🏡 Conforming Loan Tool

  • “Can I use income from a secondary employer? Borrower has had both jobs for 7 months.”
  • “Does rental income count if the lease just started this month?”
  • “What are the reserve requirements for a second home purchase with DU?”
  • “Can I close in an LLC for a conventional loan on a primary?”
📚 Currently Supported Loan Options
✅ Conforming Loans
Supports full guidelines with full CMG overlays:
  • Fannie Mae (FNMA)
  • Freddie Mac (FHLMC)
  • FHA (Streamline, Cash-out, 203(h), HUD REO)
  • HomeReady (Fannie Mae)
  • Home Possible (Freddie Mac)
Summary of CMG overlays supported:
  • VA Loans
  • USDA Loans
📂 Non-QM Programs
  • CMG Prime / Premier / Horizon / Advantage / Sharp / Edge
  • Alt-A & Near Miss, Connect Program
  • River Series (AUS, DSCR, Bank Statement)
  • Prime Non-Warrantable Condo
  • MedPro Advantage
  • Summit Series
🔄 All-In-One (AIO) Loans
  • Standard (Retail + JV)
  • Jumbo AIO
💰 Down Payment Assistance
  • FHA Buyer’s Choice DPA
  • HomeFundIt
  • Rocket One Plus
  • Arizona: Home in Five
  • California: CalHFA, GSFA
  • Colorado: CHFA
  • Florida: FHFC, HFA of Lee County, MCCs
  • Maryland: MDHCD
  • Minnesota: MHFA
  • Nevada: HIP Programs
  • North Dakota: NDHFA
  • Oregon: OHCS
  • Texas: TDHCA, TSAHC, SETH, TVLB
  • Virginia: Virginia Housing (VHDA)
🏗️ Construction & Renovation
  • Construction:
  • • C2X – Conforming & Jumbo
  • • AIO C-Perm (1x Close)
  • Renovation:
  • • FHA 203(k) Standard & Limited
  • • VA Renovation
  • • HomeStyle® (Fannie)
  • • CHOICERenovation® (Freddie)
  • • C2XR (Conforming)
  • • Jumbo Renovation
  • • Non-QM Reno: Prime, Premier, Horizon
🚧 Future AI Tools Coming Soon
  • 📋 Policy / Procedures Assistant
    – Rate lock cancel and relock rules
    – Lock extensions and pricing
    – Loan withdrawal or denial process
    – Rush requests (appraisal, CD, funding, etc.)
    – How to submit guideline or overlay exceptions
  • 🏢 Jumbo Loan Tool
    – Analyze jumbo borrower fit and investor-specific overlays.
  • 🎓 DPA Loan Tool
    – Match scenarios to eligible down payment assistance programs by state and product.
  • 💡 CMG Unique Products
    – HomeFundIt
    – Rate Rebound
    – Nothin’ But Net Refi
    – List & Lock
    – Lock & Shop
    – CMG Fresh Start
    – On-Time Closing Guarantee
  • 🏡 Fixed 2nds + HELOC Tools
    – Assist with blended rate analysis and second lien qualification.
  • 🛠️ Construction & Renovation
    – Help evaluate one-time close, renovation scope eligibility, and draw schedules.
  • 🔁 Reverse Mortgage Assistant
    – Simplify HECM product comparisons, qualification, and client education.
💡 What Else Can I Do?
  • 📄 Upload paystubs, W2s, or 1099s: Get help evaluating income — including hourly, commission, or bonus structures.
  • 🏦 Upload bank statements:
    • • Flag large deposits that may need to be sourced
    • • Detect recurring payments that could indicate undisclosed debt
    • • Ask, “Are there any transactions that would raise concerns?”
  • 📉 Upload transaction history for AIO analysis:

    Best in CSV format with these columns:

    • • Date (e.g., 2024-03-01)
    • • Amount (positive for income, negative for spending)
    • • Running Balance (optional but helpful)

    Then ask: “Estimate how this client’s balance would drop on an AIO loan.”

  • 📊 Analyze income flows or spending habits: Ask, “What’s their average net cash flow?” or “Do you see any risky spending behavior?”
  • 🔍 Upload screenshots or PDF snippets: DU/LP findings, LOEs, or condition lists for help interpreting next steps.
  • 🧠 Ask if something is usable: “Can I use this bonus income? It's been earned for 6 months.” or “Will this second job count if they just started it 7 months ago?”