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The Smarter Way To Borrow What comes with the All In One Loan serviced by Northpointe Bank
About Northpointe BankNorthpointe Bank works to be a different kind of bank by offeringinnovative and high-value banking products nationwide, includingthe All In One Loan . Founded in 1999 and headquartered in GrandRapids, Michigan, Northpointe Bank works to empower its employeesto practice in order to exceed client expectations and enrich thecommunities they serve.For each of the past six years, Independent Community Bankersof America has ranked Northpointe Bank as a top-performingbank in the nation out of approximately 5,000 ICBA member banks.Northpointe Bank is an Equal Housing Lender and FDIC insured.
Where personal bankingoOnline bill-payoUnlimited check writingoSecure wire transfersoMobile and direct depositso24/7 access to equity dollarsYou don’t pay your bills all in oneday, so that money sits in yourregular checking account earningno interest at all. But if you put itinto your mortgage, you are buyingthe mortgage principal down. Forthose days that the money sits inthere you are paying less.J EN N I F ER D. , C U STOM E R
Electronic TransfersChecksPoint of Sale (POS) - VISA MobileGeneral FeaturesContactBank Name and LocationFeeSecured Banking Access FeaturesFeatureDescriptionNorthpointe Bank3333 Deposit Drive N.E., Grand Rapids, MI 49546Websitewww.northpointe.comToll Free Number1-888-672-5626Hours of OperationMon-Fri 8am-6pm (Eastern Time Zone)Online Banking and Bill-PayComes automatically with the account at no costExternal Account LinkSet up manually once online access is grantedStop Payment Fee 25 per stop-paymentMonthly StatementsAvailable for download at no cost and by mail for 10 per monthQuickBooks Compatible AccountTransaction history can be downloaded at no cost from the accountportal and uploaded into QuickBooks manuallyDirect DepositAvailable at no costMail Checks for DepositAvailable at no cost to:3333 Deposit Drive N.E., Grand Rapids, MI 49546Mobile Banking AppNorthpointe Bank mobile App can be downloaded from Google Playand Apple iTunes Marketplaces at no costMobile DepositAvailable at no charge up to 25,000 per day and can be increasedby requestMobile Auto AlertsAvailable through the Mobile App at no chargeATM/Point of Sale (POS) CardsATM-VISA cards are Issued to all borrowers automatically and nonborrowing authorized users can be addedATM Cash Withdrawal Limit 1,000 per day, per cardATM Fees ReimbursementUp to 15 reimbursed automatically each monthVisa Purchase Limitations 2,500 per day, per accountPersonal ChecksChecks can be ordered once the account is activated either online orby calling Bank customer serviceCheck Order FeeStandard fees - varies by typeCashiers-Checks 5 per checkIncoming ACH TransferNo limit or feeOutgoing ACH Transfer“Transfer Now” limited to 25K per day, and available credit on HELOC.No fee.Incoming & Outgoing Domestic WireTransferIncoming: no limit or feeOutgoing: Limited to available credit on HELOC - 25 feeOutgoing International Wire TransferLimited to available credit on HELOC - 60 feeAnnual FeeApplicable fee waived first year - IA: 15; MN: 50; MO: 0; NJ: 0; OH: 50; PA: 50; WA: 50; ALL OTHER STATES: 60
Frequently Asked Questionso What happens when I make a deposit into the checking account?Deposits are swept nightly to the HELOC-side of the account and applied to loanprincipal. This makes higher use of idle money in order to save monthly interestexpense on the mortgage, even prior to being spent.o How can I access my money to pay bills?Deposited cash and home equity dollars become one and remain available foruse 24/7 over the 30-year term of the HELOC. Money can be accessed throughthe ATM-VISA cards, by writing checks or paying bills and transferring fundsonline through the All In One Loan bank portal and your mobile device.o What are the terms of the HELOC?The All In One Loan is a 30-year home equity line of credit with an integratedsweep-checking account. The credit limit is established in underwriting and isbased on borrower qualifying characteristics. The limit remains unchanged forthe first ten years then steps-down each month by 1/240th for the remaining 20years until it reaches 0.o How fast can I pay my loan off?It is up to you! There is no payment schedule to hold you back. All In One Loanclients typically eliminate more than 10% of their principal balance annuallyand are on track to be paid off in half the time or less compares to a traditionalmortgage.o What resources are available to learn more?Ask your All In One Loan Certified Mortgage Professional about the interactiveSimulator and ongoing weekly webinars.
All-In-One Loan and the All-In-One logo are trademarks of CMG Financial. All rights reserved.
About Northpointe Bank. Northpointe Bank works to be a different kind of bank by offering . innovative and high-value banking products nationwide, including . the All In One Loan . Founded in 1999 and headquartered in Grand Rapids, Michigan, Northpo
